PRL IN-Market Solutions round up a selection of the main stories in and around retail this week
Most Irish SME’s Write-Off Almost €14k Annually
Most SME’s in Ireland, write off an average of €13,780 annually due to customer non-payment or insolvency, according to the recent Global Business Monitor published by Bibby Financial Services Ireland.
Retail Sales up 2.6% in November on a monthly basis – CSO
The volume of retail sales increased by 2.6% in November on a monthly basis, the latest figures from the Central Statistics Office (CSO) show, on the back of strong Black Friday sales.
Aldi commits to paying living wage rate of €11.70
Aldi has announced an increase in the minimum pay of its staff, raising it to match the recommendations of the government’s Living Wage Technical Group.
€40m Acquisition of Lily O’Brien’s completed
The acquisition of chocolate and dessert maker Lily O’Brien’s has been completed by Colian Holding, a company listed on the Warsaw stock exchange.
Donnybrook Fair Returns to Profitability as Trading Improves
High-end Dublin grocery store group Donnybrook Fair turned back to profitability in the year to the end of January 2017 on the back of “improved trading” across its retail units.
Irish Companies will face their first real Brexit tests in 2018
Despite the challenge and uncertainty created by Brexit, Irish companies have continued to grow their global exports, supporting strong job creation in every region and …
Cadbury Launch White Creme Egg
As Christmas trees are coming down across the country, Easter treats are already arriving on Irish retailers’ shelves.
Is Black Friday Just a Ruse to Benefit Big US Retailers?
Adopting “Black Friday” and “Cyber Monday” may prove something of a pyrrhic victory for retailers here. These US promotional events appear to be displacing consumer spending to an earlier point in the Christmas shopping calendar.
Shop that sold winning €38.9m EuroMillions ticket to receive €25,000
The National Lottery recently revealed a small independent store in the North County Dublin seaside town of Malahide sold last Friday’s winning €38.9m EuroMillions Jackpot, and is set to receive a €25,000 bonus as a result.
Visitor Numbers to Irish Whiskey Distilleries Show 11% Increase
The number of visitors to Irish whiskey distilleries has shown an 11% increase last year, according to new recent figures published by the Irish Whiskey Association (IWA).
ABFI annual report shows Ireland’s strengths in drinks industry
The ABFI has released an end-of-year analysis for the sector, highlighting key areas of growth in 2017 as well as future trends and prospects.
Aldi Decries Planning ‘Obstruction’ as Tesco and SuperValu object to its stores
German discount grocer Aldi says it has been subject to “resistance and obstruction from other retailers”, such as its rivals Tesco and SuperValu which have in recent years objected to a slew of its planning applications nationwide.
Michael Conlan helps supermarkets deliver knock out value for 2018
Michael Conlan is helping EUROSPAR and ViVOXTRA supermarkets deliver knock out prices with a new promotion focusing on value, kicking off in January.