Ireland news

27 November 2014
Poundland has reported strong H1 figures for the 26 weeks ended 28 September 2014, with like-for-like sales up 4.7%. Total sales up 15% Single price point retailer Poundland has enjoyed a solid performance in the first half of the year with double-digit sales growth of +15% taking turnover to £528.2m. Fuelling the high street retailer's success is its robust store opening plan, which has ...
13 November 2014
We update on the latest Kantar Worldpanel market shares for the 12 weeks to 12 October 2014, and we look at how retailers are using differentiated marketing online shopping and promotional campaigns to drive growth in the run up to Christmas. Snapshot of current market shares Lidl and Aldi continue to outperform, holding 16.6% of the market, an increase of 2 percentage points versus ...
30 October 2014
Aldi is changing. Last week we looked at how its in-store proposition is evolving. This week we look at how both Aldi Nord and Aldi Süd are changing the way they engage with shoppers beyond the store, as both add greater depth to the Aldi brand. From discounter to 'supermercado' As part of the relaunch of its website, Aldi Nord has adopted a distinct and new positioning as a 'supermercado'....
23 October 2014
Following Tesco's H1 results, and ahead of our fuller analysis, we share the trading headlines and the key priorities for Dave Lewis and the Tesco business. Tesco H1 in brief: UK like-for-like sales fell 4.6%, with total UK sales down 2.6% . Key drivers of this were the"strong competition across the grocery market, headwinds from price cuts and fewer untargeted promotions".  ...
23 October 2014
Aldi may have a consistent model, but it is changing much about its product offer and how it communicates with customers. Here we look at what the retailer is doing in-store at both Aldi Nord and Aldi Süd. 1. New generation stores Enhancing stores is a priority for Aldi in markets such as the Netherlands and the UK. Earlier this year, Aldi Nord expanded its Dutch portfolio with the roll ou...
29 September 2014
Aldi UK has revealed impressive sales, up 35.7% to £5.27bn, for the year ending 31 December 2013. Profit for the discounter's UK and Ireland operations has also seen stellar growth with pre-tax profits up 65.2% to £260.9m. 'Price war has benefited Aldi' Aldi's growth has accelerated further in the current financial year with market share according to Kantar now at 4.8% and customer numbers ...
03 September 2014
In the latest Kantar Worldpanel results for the 12 weeks to 17 August 2014, we look at how Irish grocery retailers are continuing to drive traffic through stores. Tesco's market share continues to weaken In this period Tesco saw a slight recovery in performance with its sales falling by 5.5%, an improvement from 6.2% in the previous period. Tesco's Irish market share continues to weaken, de...
29 August 2014
Tesco has cut its profit forecast for its 2014/15 financial year, with profits now expected to be in the range of £2.4bn to £2.5bn. down from £2.8bn previously. Plus, in a shock development new CEO Dave Lewis will now join the retailer this Monday (1st September). Profit forecasts and capital expenditure cuts The cut in profit forecast comes alongside the announcement that Tesco will also b...
12 August 2014
South Africa-based SPAR Group is set to acquire an 80% stake in Ireland-based BWG Group for €55 million. BWG has operations in Ireland, where it owns the SPAR brand, and southwest England, servicing more than 1,100 stores, of which 100 are company owned, and generates a turnover of approximately €1.2 billion. Acquisition adds global angle to SPAR (South Africa)’s operations… The purchase o...
07 August 2014
In the latest Kantar Worldpanel results, for the 12 weeks to July 20 2014, Dunnes Stores saw a strong sales performance, yet, Tesco continued to lose market share. Grocery inflation stood at 1.9%.  Dunnes sees strong summer performance Dunnes Stores saw a strong performance in the reporting period with an impressive 2.6% sales increase, resulting in 21.2% share of the market. Pr...