Ireland news

08 June 2021
Alibaba’s cross-border online marketplace Tmall Global has announced the launch of the UK and Ireland edition of ‘Go Global 11.11 Pitch Fest’, a virtual event designed to help international brands grow their businesses globally. Starts accepting applications from 8 June in the UK and Ireland Following the success of Pitch Fest 2020 in the U.S., the programme will be opened up to British and...
08 June 2021
L’Oréal has teamed up with TikTok to test its in-app shopping feature. New and exciting ways to shop beauty  TikTok recently announced plans to work with brands in Europe to offer users an easy-to-use in-built shopping experience. L’Oréal is the first beauty brand to work with TikTok to trial the feature with its Garnier and NYX Professional Make-up brands. Customers in the UK and Irel...
04 June 2021
Sales in the Irish market declined 5.2% in the 12 weeks to 16 May, according to the latest results from Kantar. The period reflects the retailers’ performance against last year’s record-breaking sales, when the country went into its first lockdown. Sales over the most recent four weeks were down 6.9% versus 2020. Shopper behaviour remains disrupted Despite the decline in sales compared to 2...
14 April 2021
Tesco has outlined how it plans to focus more on value, loyalty, online and sustainability following the release of exceptional full year results. In this article we look at Tesco's progress over the past year and current areas of focus for the business. Headline results Group sales: +7.1% to £53.4bn (+7.0% at constant exchange rates) UK & Ireland LFL sales +6.8%, (H1 +7.2%%, H2 +6.5%...
09 March 2021
The Irish market grew 16.3% in the 12 weeks to 21 February, according to the latest results from Kantar. The festive season and the reintroduction of lockdown restrictions were the main drivers of growth. The market: slow growth lies ahead Growth accelerated further in the last four weeks, with sales reaching +17.7%. This was the highest level since November 2020. On average, household's ...
18 February 2021
South Africa-based SPAR Group reported sales growth of 9.8%, to ZAR42.99 bn (US$3.0 bn), during the 18-week period to the end of January 2021. The Group enjoyed growth across all its country operations, with a strong advance in performance seen in Poland. Growth in South Africa impacted by lost liquor sales In its home market SPAR reported group sales growth of 3.4%, with its performance af...
10 February 2021
Amazon is set to launch its first fulfilment centre in Ireland, as reported by The Irish Times (via Bloomberg).   650,000 sq ft unit According to the report, Amazon is close to signing a deal to launch a 650,000 sq ft fulfilment centre in Baldonnell, west of Dublin. At the unit, Amazon staff will pick and package orders for customers. The retailer already operates delivery warehouse in Rath...
09 February 2021
The Irish market grew 16.4% in the 12 weeks to 24 January, according to the latest results from Kantar. Irish shoppers spent an extra €142.8m combined on take-home groceries compared to last year. Growth was driven by the festive season and the reintroduction of lockdown restrictions. A January like no other Growth has accelerated further in the last four weeks, with sales +16.8%. The retur...
15 January 2021
We take a detailed look at the new restrictions on alcohol promotions in Irish supermarkets that came into force this week. Reducing alcohol consumption by reducing promotional activity There are three new measures that will have an impact of grocery retailers; Retailers are banned from selling alcohol at a reduced price on the basis of the purchase of another product or service. This...
14 January 2021
Tesco has reported a very strong set of results in the UK and Ireland, with trading momentum from Q3 accelerating into the Christmas trading period. However it also warned of increasing Covid costs as the pandemic becomes more severe. These are now expected to reach £810m for the full year, up £85m from the previous estimate in October. Headline LFL results   Q3: 13 w...