Ireland news

15 August 2016
As we accelerate our focus on food-to-go, we recap on some of the latest IGD insights and market developments from the past month. IGD food-to-go market assessment - size of the prize Driven by changing shopper lifestyles, we are anticipating the market to be worth £16.1bn in 2016, up by 6.8% from 2015. We see five distinct segments making up this market: Coffee specialists  (worth...
26 July 2016
In our recent Lidl report we have highlighted five strategic initiatives of the discounter: 1. Health and Well-being as drivers of product innovation 2. Brands where needed 3. Pan-European sourcing and vertical integration 4. Creative marketing and communication via social media 5. Large formats, city formats and metropolis, multi-channel the last of which could have a significan...
13 July 2016
Iceland is preparing to open its first online fulfilment centre as its ecommerce business continues to grow. 18,000 sq ft site in Tipton Iceland is set to open its first dark store next month in the West Midlands town of Tipton. It's central UK location and position just off the A41 in Link One Trading Estate give the new site strong access links, making it an ideal location for Iceland...
12 July 2016
Couche-Tard delivered a strong fourth quarter, helping to lift net earnings beyond $1bn for the first time. We review what was behind the retailer’s success and the outlook for the next 12 months as it rolls-out its new Circle K global brand. Lower oil price impacts revenue growth Couche-Tard’s fourth quarter merchandise and service revenues increased by 15.9% to $2.4bn, supported by acquis...
23 June 2016
Tesco has reported total group like-for-like sales up 0.9% for the 13 weeks to 28 May 2016, including a second quarter of positive growth in its core UK operation.  Boosted by clear volume growth of +2.2% and transactions up 1.7%, UK like-for-likes were +0.3%, though slightly down on the +0.9% seen in the previous quarter.  Meantime international sales were solidly ahead with like-for-likes of 3....
16 June 2016
Poundland's results for the year ending 27 March 2016 reflect both a challenging market and disruptive trading from its recent 99p Stores acquisition, however the discounter is confident that this has prepared the ground for future growth. FY 2015/16 in numbers Total sales for the year came in positive at £1,326m, up 18.7% on the year before, due to the 53% increase in stores across ...
10 June 2016
Iceland has reported financial results for the year ending 26 March 2016, with total sales falling 0.8% to £2.675bn. LFL sales improve but remain negative Iceland's like-for-like sales for the full year came in at -2.7%, reflecting a decrease in total customer transactions. While Iceland managed to improve its like-for-like sales from the  previous year's -4.4% , the retailer has face...
12 May 2016
In a blog on the day of the IGD Tesco Business Update, Chief Product Officer Jason Tarry outlined how Tesco will work to improve supplier relations further, building on the progress of the last 12 months. A year of major developments The Tesco business has changed hugely over the last 12 months and much of the transformation has been centred on supplier relations. Tesco became the first UK ...
21 April 2016
Following news last year that Poundland would trial a multi-price fascia in the UK, the discounter has unveiled the new concept as Poundland & more, with the first store now open in Slough, Berkshire. Six trial stores to open in April 2016 The Slough store, and the remaining five that will open this month, were all larger 99p Stores units.  The locations for the upcoming trial stores are Gi...
19 April 2016
In an interview with The Irish Times, Lidl Ireland MD John Paul Scully has shared the discounter's expansion strategy in Ireland as it goes from strength to strength with sales exceeding €1bn. €1bn barrier reached 'a while back' While Lidl does not disclose revenue numbers, Ireland's MD John Paul Scully has revealed that the discounter's Irish operations reached the  €1bn mark '...