Ireland news

We review Couche-Tard’s fourth quarter results and its progress with several new initiatives. Positive same-store sales in all regions Couche-Tard delivered a strong end to the year, with merchandise and service revenues up 25.0% to $3.2bn. This reflected the acquisition of CST Brands and Holiday Stationstores. Same-store merchandise revenues increase by 1.8% in the US, by 3.6% in Canada an...

Tesco has announced changes to responsibilities within its senior leadership team. All changes will come into effect from July 16th. Charles Wilson to step down as UK and ROI CEO Following a diagnosis for throat cancer, Charles Wilson will step down from his position as CEO of Tesco UK & ROI and from his position on the PLC board. Though he has responded very well to treatment, he will redu...

Iceland has reported an 8% increase in sales YOY with the expansion of its Food Warehouse banner driving growth. These latest financial results for the 53 weeks ended 30 March 2018 saw an increase in like-for-like sales also. Headline results: Sales up 8.0% to £3.016bn (LY: £2.792bn) Like-for-like sales up 2.3% (LY 2.0%) Adjusted EBITDA down 1.8% to £157.1m (LY £160.0) 23 new ...

JAB’s recent acquisition of the highly regarded food-to-go chain Pret a Manger has brought the business more into the eyeline of many. This move builds on a wide range of interests across food-to-go and beyond, including involvement in both Coty haircare and Reckitt Benckiser, the UK headquartered manufacturer of household products. Ahead of a more detailed presentation for Retail Analysis subscr...

SPAR International has enjoyed ‘ strong, continued growth ’ in 2017, with sales rising 5.3%, on a constant currency basis, to €34.5 bn. SPAR International said its performance had benefited from its continued focus ‘ to grow [its] presence through targeted expansion, and to drive retail development through expanding our multi-format retail strategy ’. Sustained expansion underpinning results ...

Leading Irish retail and wholesale group Musgrave has reported flat sales but robust profit growth, in a year in which the business made strong progress on a number of fronts. “Growing Good Business” At a top line level, group turnover remained flat at €3.7bn, while pre-tax profits (excluding exceptional items) grew from €73m to €80m. Overall retail sales across the group and its store owne...

These two initiatives from the discounter showcase products from local suppliers. Lidl extends Irish "Kick Start" supplier initiative in 2018 Lidl seeks to find up to 80 new products from Irish suppliers as it relaunches the "Kick Start" supplier development programme. Applications close in mid-April:  read more here . The programme was introduced last year in Ireland in collaboration...

As Centra unveils plans to add 30 new stores, we take a closer look at its plans for growth, how it differentiates itself and what’s next. 30 new stores and 100 revamps The format has gone through significant recent evolution, following a relaunch of the brand in 2016, culminating in store developments such as Wellington Quay and Parnell Street, in Dublin, the winner of our innovative store...

We’ve recently spent some time exploring the latest concepts and innovations in Ireland’s capital. Here are some of our key takeaways: 1. New levels of fusion of retail and food-to-go Dublin has established a great reputation as a market in which retailers have developed compelling and inspirational food-to-go offers, and  development continues apace. Even in the past six months, signific...

Discounter Poundland shares plans to extend its Pep&Co clothing concession to more than 150 new locations. Roll-out follows Christmas success Pep&Co MD Adrian Mountford reported that over Christmas Pep&Co sold 1m more units than during the whole first year of trading in standalone Pep&Co stores. This success echoes Poundland's strong trading performance over Christmas.   Doubling the num...