Retail News This Week

Brexit blues begin to lift, FDI flying high and a model for packaging-free supermarkets – we take a look at this week’s biggest retail news stories.

A Week in Retail

CONSUMER SENTIMENT HOLDS STEADY IN MAY

Brexit’s endless delays meant that Irish consumer sentiment held steady last month, with minor upward fluctuation of 1.3%

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FOREIGN DIRECT INVESTMENT UP 52%

Ireland had the second-strongest performing economy in Europe last year.

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ARYZTA’S 3-YEAR PROGRAMME SHOWS RESULTS

The Swiss-Irish food group’s revenue stabilisation programme has begun to pay off, with third quarter results up 4.5% on the same period in 2017.

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TOTAL PRODUCE TARGETS CONTINUED GROWTH FOR 2019

Competitive markets and global trade uncertainty haven’t affected the group’s growth expectations for this year.

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And finally…

 

WAITROSE TRIALS ALMOST PACKAGING-FREE STORE

The high-end British supermarket has gone almost entirely zero-packaging in its central Oxford store.  Will we see any Irish retailers follow suit?

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