Markets/Ireland/News
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Ireland news

23 November 2023
Ireland’s Department of Health has announced that radio and TV adverts from January 2025 will be subject to stricter advertising rules, according to Kam City. The Government’s Public Health (Alcohol) Bill proposes that alcohol adverts will not be broadcast before 9pm, much like gambling advertisements. An overview of tightening alcohol laws in Ireland 2018: the Public Health (Alcohol) ...
12 October 2023
Couche-Tard, Circle K’s parent company, new five year strategic plan has been developed to enable it to achieve $10 bn in EBITDA by 2028, rising from $5.8 bn this year. We look at how the retailer plans to achieve this through evolving its food offer, investing in loyalty and digital, growing its network and developing its fuel operations. Enabling growth The retailer has developed a simple...
10 October 2023
Last week I attended the IRX 2023 (Internet Retailing Expo) event at London’s ExCel centre. In this article, I’ll share three of the key highlights; from climate innovation to Asda’s ‘biggest retail transformation in the whole of Europe’ and winning with social commerce. 1. Baroness Martha Lane-Fox: the world’s first trillionaire will come from climate innovation enabled by technology B...
07 September 2023
We review the retailer’s first quarter performance, including four initiatives driving growth and efficiencies. Q1 key numbers Total merchandise and service revenues increased 5.0% to $4,275.8m Road transportation fuel revenues fell 21.5% to $11,235.2m, reflecting lower fuel prices Same-store merchandise revenues increased by 2.1% in the US, 6.4% in Canada, and were up 2.7% in othe...
07 September 2023
Tesco Ireland has revealed significant investment plans for the remainder of its current financial year. As reported by NamNews, Tesco Ireland will spend €80m opening eight new Tesco Express stores with plans to refurbish 50 other outlets. Tesco Ireland Chief Operating Officer, Geoff Byrne, said the €80m investment was a “fairly significant step-up from what we have been spending. But that...
24 August 2023
Whether you participate in dry January or go sober for October, there is a trend for curbing alcohol consumption and embracing low or no-alcohol alternatives. The younger generation, health and improved formulations are bolstering growth Gen Z, and younger Millennials are more inclined to be teetotal then the older generations and are reportedly drinking less or abstaining altogether. ...
19 July 2023
M&S and Musgrave have announced a partnership trialling a limited range of M&S Food items in Musgrave stores in Northern Ireland. The trial is set to begin later this month. As reported by NamNews, the trial will see M&S sandwiches, salads, dine-in options, Percy Pig sweets, Colin the Caterpillar cakes and in-store bakeries offering M&S baked goods. Products will be available in two SuperVa...
07 July 2023
A look at recent developments at Marks & Spencer. Food business has made “a good start” to the year Speaking at its annual shareholder meeting, Chief Executive Stuart Machin said M&S’ food business had made “a good start” to its 2023/24 financial year. Speaking to investors, Machin revealed M&S had taken a 130 basis points hit to its food margin in the year to the 1 st of April, as it...
22 June 2023
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe Europe’s leading grocery retailers in 2027 (Subscriber webinar) Tuesday 27 June 2023 10:00 BST Join us for an overview of the European grocery landscape, highlighting the region’s leading retailers and how we expect them to grow and evolve over the next five years. The...
21 June 2023
Following the recent launch of Price Cuts in the Irish market, Tesco has replicated the move in the UK. Initially debuting last week in dairy (cream and cottage cheese), the Price Cuts mechanic has been rolled into branded and private label bakery, cooking oil and medicines. The discounts represent Tesco passing on falling prices from suppliers and use the same point-of-sale (POS) as in the Iri...