Ireland news

09 November 2021
Irish retailer Musgrave has released its 2020 financial results, for the 52 weeks to 31 December. Performance of the retailer’s banners was mixed, with the pandemic impacting areas of the business differently. However, overall, Musgrave performed well with group sales increasing by 14% to €4.5 bn, while retail sales reached €6.1 bn. Musgrave also grew its profit before tax 11% to €98m. Mixe...
06 October 2021
Following strong sales growth in H1, Tesco has launched four new strategic priorities designed to deliver multi-year top line and profits growth in a highly dynamic retail environment. Tesco has also updated its purpose to incorporate the growing importance of sustainability and communities into how it operates. Tesco’s four new strategic priorities Magnetic value for customers: Tesco’s a...
16 September 2021
Deliveroo and Amazon have announced a new offer in which Amazon Prime members can now receive free Deliveroo Plus membership for a year in the UK and Ireland. Free takeaway and grocery delivery The new offer follows Amazon’s investment in Deliveroo , which was cleared by the UK’s Competition and Markets Authority (CMA) in April 2020. Due to Amazon’s investment, it therefore has an incentiv...
13 September 2021
Our latest research provides recommendations on how you should prepare for energy transition in convenience retail. Available to IGD Retail Analysis subscribers: The future for forecourts in Europe Below are some of the key highlights… Looking for more insight? Retail Analysis subscribers can read more here: Your guide to convenience...
27 July 2021
Sales in the Irish market declined 5.9% in the 12 weeks to 11 July, according to the latest results from Kantar. Sales still remained elevated when compared to pre-pandemic levels, with market growth +15.9% versus 2019. The reporting period included the Euros and the reopening of pubs and restaurants outside (indoor hospitality remains closed), driving shoppers to spend less time at home cooki...
08 June 2021
Alibaba’s cross-border online marketplace Tmall Global has announced the launch of the UK and Ireland edition of ‘Go Global 11.11 Pitch Fest’, a virtual event designed to help international brands grow their businesses globally. Starts accepting applications from 8 June in the UK and Ireland Following the success of Pitch Fest 2020 in the U.S., the programme will be opened up to British and...
08 June 2021
L’Oréal has teamed up with TikTok to test its in-app shopping feature. New and exciting ways to shop beauty  TikTok recently announced plans to work with brands in Europe to offer users an easy-to-use in-built shopping experience. L’Oréal is the first beauty brand to work with TikTok to trial the feature with its Garnier and NYX Professional Make-up brands. Customers in the UK and Irel...
04 June 2021
Sales in the Irish market declined 5.2% in the 12 weeks to 16 May, according to the latest results from Kantar. The period reflects the retailers’ performance against last year’s record-breaking sales, when the country went into its first lockdown. Sales over the most recent four weeks were down 6.9% versus 2020. Shopper behaviour remains disrupted Despite the decline in sales compared to 2...
14 April 2021
Tesco has outlined how it plans to focus more on value, loyalty, online and sustainability following the release of exceptional full year results. In this article we look at Tesco's progress over the past year and current areas of focus for the business. Headline results Group sales: +7.1% to £53.4bn (+7.0% at constant exchange rates) UK & Ireland LFL sales +6.8%, (H1 +7.2%%, H2 +6.5%...
09 March 2021
The Irish market grew 16.3% in the 12 weeks to 21 February, according to the latest results from Kantar. The festive season and the reintroduction of lockdown restrictions were the main drivers of growth. The market: slow growth lies ahead Growth accelerated further in the last four weeks, with sales reaching +17.7%. This was the highest level since November 2020. On average, household's ...