Markets/Ireland/News

Ireland news

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...
30 March 2017
As the new £1 coin is introduced, discount retailer Poundland has unveiled its new pricing strategy, however focus will remain on the core price point. New price points: 50p, £2 and £5 Poundland has introduced three new price points - 50p, £2 and £5 - taking it from a single-price retailer to a multi-price retailer following trials of  conditional spend in-store . Following customer resea...
22 March 2017
IGD's food-to-go guru Gavin Rothwell shares his key insights from a recent visit to assess the food-to-go landscape in Ireland. 1.   Convenience stores can lead in food-to-go Dublin is full of great stores, and the leading Centra and Spar stores are a class apart from even the best convenience stores in most other markets. An overwhelming desire to be seen as a highly credible food-to-go d...
16 March 2017
Global discounter Aldi S üd has unveiled a new logo as part of its strategy to modernise. Logo launched on Aldi China website The new logo was first introduced earlier this year when Aldi launched a new website for its  impending Chinese market entry . Aldi will roll out the new logo to all markets from June onwards. It was designed by illion. Markensocietaet: a design agency based in ...