Category: News

Jervis Street To Get New Topshop / Topman Flagship

Posted on | by Aisling Rafferty

 

Dublin’s Jervis Street Centre will see their first major shakeup in twenty years, with a new Topshop/Topman flagship on the horizon. The Retail Shopping Centre which is located strategically between the capital’s busiest shopping thoroughfare of Henry and Mary Street, will see new tenancy agreements with some of the UK and Ireland’s most popular retailers.

The Arcadia Group is responsible for the Burton Menswear, Dorothy Perkins, Evans, Miss Selfridge, Wallis, Topshop and Topman brands. New plans will see a flagship Topshop – Topman replace five current stores.

Topshop and Topman currently operate their Irish flagship at Stephens Green. The new store in Jervis Street will launch next summer and will replace five stores currently within the shopping centre.

Arcadia’s current stores in the centre, Topman, Topshop, Burton, Wallace and Miss Selfridge will be replaced with a 20,000 sq. ft standalone store on the ground and upper levels. The current letting of all five stores generate a rent of €2million a year. The new rental agreement will see Arcadia pay €1.3 million for the unified space.

Figures via Kantar Worldpanel for 12 weeks ending October 9th.

Dunnes Stores Ireland’s Second Favourite Supermarket

Posted on | by Aisling Rafferty

 

Kantar Worldpanel have realised the supermarket figures for the 12 weeks ending October 9th. The figures are illustrative of Dunnes Stores success, which are now Ireland’s second favourite retailer. SuperValu retain top spot with further sales growth of 2.9% and command a 22.4% overall market share.

  • Tesco have a market share of 21.6% with volume sales increasing.
  • Lidl has increased its share of the market to 11.6%, with sales growth of 5.1%.
  • The average Lidl shopper visited the retailer 11 times over the past quarter.
  • Aldi enjoyed the strongest growth in this period with sales 6.6% higher than last year and growing their share of the market to 11.4%.

David Berry, director of Kantar Worldpanel said ‘’The biggest factor driving growth for Dunnes over the past year has been an increase in the size of the average shopping trip, which has grown by €3 to €38.10.The retailer with the next largest trip size is Aldi, where shoppers part with €25.10 on average – €13 less than at Dunnes’’

All figures from Kantar Worldpanel.

Topaz announce €33million investment for 2017

Posted on | by Aisling Rafferty

Retail chain Topaz have announced they will invest €33million across 2017 which will create over 200 new jobs. The Irish petroleum retailer, owned by the Canadian Couche-Tard Group has a large presence across Ireland and have invested heavily over the last two years, with a particular emphasis on their Fresh Food offering and Re:Store roll-out.

Niall Anderton MD of Topaz and Jørn Madsen, Executive Vice-President, Central Eastern Europe and Ireland made the announcement at The Topaz Dealer Summit, where over 200 Topaz dealer were in attendance.

BWG to expand with 20 new stores

Posted on | by Aisling Rafferty

Wholesale and Retail Company BWG will add 20 Spar and EuroSpar stores nationwide over the next 12 months. BWG currently operate 450 stores across Ireland and will concentrate on fresh food, innovation and digital trends moving forward.

The announcement was made at the group’s conference, held every two years for all Spar and Eurospar operators. Spar South Africa currently owns 80% of BWG which operate the Mace, Londis and XL brands, about 40% of the total convenience retailing market.

BWG Chief Executive Leo Crawford said “We believe that convenience is high on the agenda for Irish consumers and we are working with retailers to help them attract new customers and grow revenues by focusing on fresh food, innovation and digital trends to give consumers what they want. We also think this will provide new growth opportunities for the BWG Foods and we are anticipating continued store growth in 2017 and beyond.”

Dunnes are Ireland’s second favourite Supermarket

Posted on | by Aisling Rafferty
Grocery Market Share Figures for 12 weeks ending September 11th 2016
Grocery Market Share Figures for 12 weeks ending September 11th 2016

Kantar Worldwide have released figures for the 12 weeks ending 11th September 2016. Dunnes Stores have seen notable growth and are now Ireland’s second favourite Supermarket, a feat they share with Tesco as they both lie in joint second. SuperValu remain top and command a current market share of 22.4%, the third consecutive month where growth has been above 3% for the Irish retailer.

  • Dunnes Stores increased sales by 6.3% to draw level with Tesco.
  • Dunnes and Tesco now account for 21.6% each of the Irish grocery market.
  • Sales within Grocery continue to grow, up 3.7% year on year during the past 12 weeks.
  • Lidl’s market share now stands at 11.7% – in line with last year – while sales increased by 4.5%
  • Sales growth for Aldi continues to improve, with market share increasing from 11.2% last year to 11.4%.

Director of Kantar Worldwide David Berry expanded on the figures saying “Larger trips have boosted sales for Dunnes, with the average spend increasing by €2.50 to €37.20 in the latest quarter, compared with the same time last year. Dunnes has successfully tempted shoppers to add more expensive items to their baskets, with the average price per item rising to €2.05 – an increase of 12% on last year.”

All figures from Kantar Worldwide.

Krispy Kreme Doughnuts Coming To Ireland

Posted on | by Aisling Rafferty

American doughnut chain Krispy Kreme is headed to Ireland. British real estate agent Morgan Williams is scouting potential sites in Dublin. It is believed it will comprise of a production unit and a café titles the ‘Hotlight Factory Store’.

Expansion into Ireland has been cited as a ‘priority’ and preliminary discussions have taken place with potential landlords. Krispy Kreme currently have over 1,100 outlets in over 26 countries worldwide.

Krispy Kreme in Ireland

  • Seeking a building of 4,700 sq. ft unit accommodating a drive thru and 60+ parking spaces.
  • Investment would be in excess of €1.5 million and employ 50+

Once established, it’s believed Krispy Kreme would consider smaller format stores located at airports, train stations or in a city centre unit. Potential sites for the factory and café unit are believed to be near Liffey Valley and Blachardstown Shopping Centres.

SuperValu Continue To Soar In Grocery Share

Posted on | by Aisling Rafferty

Market Share for the 12 weeks ending 14th August 2016.

The latest Grocery figures posted by Kantar Worldwide show exceptional growth across Irish Grocery Retail, for the 12 weeks ending 14th August 2016. The notable points from the quarter include:

 

  • Lidl’s market share has reached 11.9% – a new record high for the retailer, beating their previous high of 11.8%. In the past 12 weeks, Lidl have recruited 34,000 new shopper to their stores.
  • SuperValu are still Ireland’s favourite Supermarket with sales growth of 3.2%. An additional 15,000 consumers shopped with the retailer over the last 12 weeks, as they maintained their positioning as Ireland’s favourite supermarket for the 11th consecutive month.
  • Dunnes Stores posted the strongest growth figures for the quarter, with sales up 5.8% versus last year.
  • Price of groceries has increased slightly, with the average basket costing 2.7% more than this time last year.
  • Areas of particular growth include Vegetables, Fruit and Beer.

Ranelagh Hotel given the green light

Posted on | by Aisling Rafferty

An Bord Pleanála have given the go ahead for the development of a boutique hotel in Ranelagh. Paddy McKillen Jr will add the Hotel at 117-119 Ranelagh to his already impressive Press Up Entertainment Group portfolio, which includes The Dean Hotel and Workman’s Club.

Despite several appeals and objections, the five floor, 41 bedroomed Hotel will go ahead. The boutique hotel will also include a 50-seat arthouse basement cinema and roof-top restaurant. It is believe the development will take between 18-24 months to complete creating 80 full and part time jobs once opened.

Source: http://www.independent.ie/business/irish/planning-board-gives-green-light-to-mckillen-hotel-in-dublin-suburb-34780822.html

Amazon Fresh launches in UK

Posted on | by Aisling Rafferty

 

Amazon have launched their Fresh Food and Grocery delivery operation after months of logistics and planning. From today, Amazon Prime members in North and East London can avail of the service from the internet based retailer. In its first expansion outside of the US, Amazon confirmed that they will offer the delivery service to Amazon Prime users in 69 postcodes across London at a cost of £7 per month.

Amazon will be partnering with Morrison’s to provide 130,000 products which will include branded and local produce of fresh fruit, vegetables, meat, dairy and household items, with one hour time frames selectable to ensure users are home. Same day delivery will also be applicable to all orders received before 1pm. Amazon will also deliver goods from around 50 small local specialist stores, including stalls at London’s Borough market, local fishmongers, and high-end chocolatiers.

This is the first location outside of the US where Amazon fresh will be available. Amazon Fresh will offer free deliveries on all orders over £40 and orders below this will incur a £4 charge. Ajay Kavan VP of Amazon Fresh said “We will be very methodical and considered in how we roll this service out further in the UK. “We are launching with a comprehensive offer in a limited area and will take our time to hone and improve our service based on our learnings and feedback from our customers’’.

Tiger To Open 12 New Stores

Posted on | by Aisling Rafferty

 

The much loved high street brand will open 12 new Irish Stores and be re-branded under the moniker ‘Flying Tiger Copenhagen’. The Irish arm of the Tiger brand is operated by Gillian Maxwell and Niall Stringer, with Tiger Retail Ireland currently operating 24 retail stores across Ireland. They plan on opening 12 new Tiger stores by 2017 and will re-brand the group as ‘Flying Tiger Copenhagen’ from next month. The name change will be part of a global re-brand from the Danish parent company.

Tiger employs 250 employees in Ireland and had an annual turnover of €14 million in 2015. All profits are being reinvested within the new store openings. Tiger originated in Ireland as a pop-up store in Dun Laoighaire back in 2011.The Maxwell’s came across the Tiger brand in London and were influential in bringing it to the Irish market. The Irish company is owned 50/50 by the Maxwell’s and Tigers Danish parent.