Ireland news

08 September 2017
We look at how Couche-Tard is building out its food-to-go capabilities. Strong first quarter with solid sales and profit growth Couche-Tard’s first quarter merchandise revenues increased by 9.8% to $2.8bn, with same-store merchandise revenues up 1.4% in the US and Europe, and down 0.2% in Canada. Net earnings increased by 13.0% to $364.7m. This was a strong performance by the retailer, with...
09 August 2017
Three latest initiatives from Lidl in Germany and Ireland demonstrate the retailer's commitment to health and wellbeing. Making the store environment less stressful: Trialling autism-friendly quiet evenings Lidl Ireland is trialling autism-friendly quiet evenings in three stores. For two hours on Tuesday evenings, there will be:   No queuing on presentation of Irish Autism Action ID ...
03 August 2017
Irish-owned forecourt operator Applegreen has announced the purchased of the majority of sites from the Bedfordshire-based Carsley Group. The £21m acquisition consists of six services areas and one filling station. The service area sites are located primarily along the A1 (M) London-Edinburgh east coast route.  Five of the stores operate under the Londis banner and two trade as Spar. All operate ...
06 July 2017
Leading Irish wholesale distributor and retail brand owner, Musgrave has reported its financial results results for the full year 2016, with turnover unchanged on €3,731m.  Nevertheless profitability improved significantly in the year, as group operating profit was up by over 55%, reaching €95.1m. Retail networks achieved sales of €5.1bn Across its affiliated store groups, Musgrave supplied...
31 May 2017
We consider the latest news from SPAR International as the SPAR South Africa reports its first half results and SPAR Norway launches online in the north of the country. SPAR South Africa reports double digit growth... SPAR South Africa has seen sales half-year increase by 12.6% to ZAR 47.4bn (€3.25bn). The South African operation saw growth of 4.9% to ZAR 32.5bn (€2.23bn). CEO Graham O’Conn...
19 May 2017
Schwarz Group has reported net sales of EUR90.2 bn for the 2016 financial year which ended 28 February 2017, up 5.2%. Even though the Group reported slower growth than in the previous two years when its sales grew between 7% and 9% annually, we consider a 5.2% revenue growth as a strong performance. Lidl outperformed Kaufland in Germany Although Lidl does not publish its profit, ba...
11 May 2017
Lidl Ireland has designed a new programme called 'Kick Start' to help develop the skills of young Irish suppliers, with the chance to get a listing with the discounter. What is Kick Start? This new programme by Lidl will help young Irish suppliers grow and develop their personal and business skills. Throughout the process, Lidl is committed to developing the a select number of suppliers and...
10 May 2017
Lidl is reconsidering key investment projects due to complexities and cost implications. Lidl reconsiders project investments due to complexities Lidl has been working on three large investment-heavy projects in the last year. It has been preparing market entry to the USA, it planned to invest in a convenience store concept 'Lidl Express' with click & collect in select stores in Germany...
19 April 2017
Tesco is selling its opticians business in the UK and Ireland to leading optical specialist, Vision Express. Over 200 stores affected 206 stores across the UK and three in the Republic of Ireland will be transferred to Vision Express as a result of the change of ownership, as well as Tesco's online optical business. In total 1,500 staff are affected by the disposal, all of whom will by cove...
06 April 2017
We round up our favourite April Fools from 2017 as retailers and manufacturers create spoofs driven by food trends, food-to-go, popular brands and online and digital. 1. Sainsbury’s takes healthy living and food trends a step further, with the launch of spiralized peas… Source: Sainsbury's 2. ...While Fresh Direct innovates to capitalise on the popularity of avocado. Sou...