Markets/Ireland/News

Ireland news

04 June 2014
Tesco has reported 2014/15 Q1 sales, with group performance -0.9% exc. petrol (-3.8% at actual rates) and -3.2% on a like-for-like (LFL) basis. UK challenges persist but new initiatives should help long-term loyalty Sales in Tesco's domestic market continued to experience challenging conditions, with total sales growth of -1.7% and LFL sales growth of -3.8% (exc.VAT, exc. petrol). Tesco's L...
30 May 2014
In a new series called The Taste of Success, Lidl Ireland gives the public a chance to stock their products in Lidl stores across Ireland. Turning passion into a prize RT É, Ireland's national television and radio broadcaster, and Lidl are collaborating to create a new eight part series called The Taste of Success. The show will give members of the public including local producers the cha...
27 May 2014
Aldi Ireland is planning to recruit 450 new employees in 2014 and announces plans to open seven more new stores this year after enjoying double-digit year-on-year growth. Growth results in 8% market share With expansions plans in the pipeline, Aldi Ireland revealed in a press statement it is on track to maintain its position as the fastest growing retailer in Ireland. Year-on-year sales h...
22 May 2014
Aldi has announced it will hire 5,000 more staff to support its expansion plans across UK and Ireland. Aldi driving new store openings Aldi has revealed plans to open 55 new stores by the end of 2014. It will also expand space in 30 existing stores. The discounter will recruit for new stores as well as place additional workers in current stores to help with increasing demand. ...
20 May 2014
M&S has reported solid group sales for the year to 29th March 2014 with encouraging progress in food and multichannel offsetting declining LFL GM sales. Operating profit fell, impacted by a weaker gross margin on GM. Headline numbers Group sales: +2.7% to £10.3bn Total UK sales: +2.3% (LFL +0.2%) UK Food sales: +4.2% (LFL +1.7%) UK GM sales: 0.0% (LFL -1.4%) International...
19 May 2014
Boots’ full year results revealed a revenue increase of 4.3% to £23,367m, while trading profit increased by 0.4% to £1,270m. Boots attribute its flat line growth to increasingly competitive markets. Health and beauty division sees stable performance Boots’ health and beauty division reported solid revenue up 2.4%, to £7,662m. The UK market accounted revenue of £6,697m, up 2.2%, with...
14 May 2014
The Irish grocery market is starting to recover, seeing an improvement for the first time in six months. Discounters dominate, while Supervalu sees growth According to the most recent market share figures, 12 weeks ending 27 April, discounters continue to grow, with Aldi revealing a surge of 22%, gaining a market share of 8.0% and Lidl increasing its share by 12.2% to 7.6%. Supervalu saw p...
12 May 2014
Major Ireland and UK symbol group operator and wholesaler, Musgrave has announced full year figures for 2013, with overall sales largely flat on € 4.8bn, but with profit down by 16%, impacted by tough trading conditions in all its markets. Outperforming in Ireland While the grocery market in the Republic of Ireland has seen no growth over the last year the Musgrave retail brands were all p...
09 May 2014
Discounter Lidl has revealed that it is behind Secret Garden Dublin: a pop up restaurant in Meeting House Square from 5th to 9th May. All Irish menu The Secret Garden was hosted by Dublin Pop Up, co-owned by chefs Harry Colley and C úán Greene, but diners had no idea that they were feasting on meals created solely by Lidl products. Colley and Greene created dishes with an Irish Nostal...
08 May 2014
The single-price point retailer has revealed full year sales of almost £1bn for 2013/14. S ales near £1bn mark In its full year update, Poundland has revealed it achieved sales of £997.8m in the year to 30th March, an increase of 13.3% on the previous year. While the value retailer will disclose its full audited results on 3rd July, it is said to have delivered 'a good underlying profit ...