Ireland news

21 July 2014
As Tesco announces Dave Lewis, Unilever Global President, Personal Care, is to take over from Philip Clarke as CEO, we highlight six challenges facing Dave Lewis when he takes up the reins in October.... Challenge 1. How to drive relevant value Philip Clarke has led the business through a challenging period. Market conditions have not been favourable, and he found himself inheriting an u...
15 July 2014
Grocery sales grew by 2% in Ireland in the 12 weeks ending 22nd of June according to the latest results from Kantar Worldpanel. Inflation in Ireland stands at 2.3%, down slightly from 2.6% in the last period. Aldi and Lidl continue to gain market share Aldi and Lidl continue to grow their share of the Irish grocery market, representing just over 16%. Aldi holds 8.1% of the market, while sin...
03 July 2014
Poundland has reported full year sales growth of +13.3% for the year to 30 March 2014. Underlying pre-tax profits reached £36.8m, an impressive +23.5% YoY. Total LFL sales up 1.9% YoY as sales approach £1bn Poundland has announced sales for 2013 just under the £1bn mark, at £997.8m. This was over £100m higher than last year when the discounter reported sales of £880.5m. Poundland has had ...
10 June 2014
The Irish grocery market has continued its recent return to growth, up +1.4%, but volumes are still struggling with inflation at 2.6%, according to latest Kantar Worldpanel figures for the 12 weeks to May 25.   Discounters continue to thrive Aldi and Lidl continue their strong growth in the period. Together, the discounters hold a total share of 15.9%. In the past 12 weeks, Aldi grew by 21....
05 June 2014
From time in-store in Ireland this week, Fiona Power looks at the current activity in discounters Aldi and Lidl. Lidl's focus on driving quality At Lidl in Cork, what stood out to us was how Lidl was highlighting quality in fresh, and particularly in meat ranges. On entering the store, colourful signage displays the meat offered by Lidl, the high quality image emphasising the premium offeri...
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...