Manor Mills Shopping Centre in Maynooth has just opened a new store ‘The Natural Bakery’, an Irish company that offers a wide variety of breads, cakes, sandwiches, donuts and pastries, made fresh daily from scratch. They opened their first bakery in Kilmainham in 2013 when their owner Luke Ceighan realised there is a demand for […]
Seasonally adjusted, the volume of retail sales increased by 1.5% in the month of April, with an annual increase of 4.8%. If Motor Trades are excluded, there was an increase of 1.0% in the volume of retail sales in April 2018 when compared with March 2018 and there was an increase of 3.8% in the annual […]
Musgrave, the retail symbol group that owns brands including SuperValu and Centra, is targeting growth in the food service and digital markets. It is also in discussions with developers about possibly building more stores in Dublin. The Cork-headquartered, family-owned group released annual results on Tuesday that showed group revenues steady at €3.7 billion, and profits up […]
The last few years have seen a bevy of high-profile retailers either go bankrupt or close stores across the country, raising concern that brick-and-mortar retailers are doomed. It’s undoubtedly true that consumers are buying more and more goods online, and that’s putting pressure on some retailers. However, it’s important to put this in context: So […]
Smyths Toys, the fast-growing Galway-based retail group, has agreed a deal to buy the Toys ‘R’ Us business in Germany, Austria and Switzerland. It is Smyths’ first foray into mainland Europe. The deal will see the Irish business buy 93 shops and four online stores. Investment bank Lazard was hired to find buyers for several […]
International real estate investor Hines has completed the acquisition for €165m of Chatham & King, a high-profile mix of offices, shops and apartments next to the Gaiety Theatre on South King Street in Dublin city centre. In acquiring the scheme from US private equity giant Lone Star, Hines fended off three rival bids. Two of […]
The man given the task of regenerating a significant portion of Dublin’s north inner city is nicknamed Golden Boots but when Friedrich Ludewig arrived in Ireland this week to outline his vision, he was wearing a comparatively sober pair of grey leopard print boots instead. The boots matched his coat. The retail property developer Hammerson, which is behind the Dublin Central redevelopment covering six […]
Seasonally adjusted, the volume of retail sales decreased by 0.6% in the month of January, with an annual increase of 1.3%. If Motor Trades are excluded, there was an increase of 1.1% in the volume of retail sales in January 2018 when compared with December 2017 and there was an increase of 5.7% in the annual […]
The US private equity giant Oaktree has made arrangements to complete the purchase of a controlling interest in The Square shopping centre in Tallaght, Co Dublin, tomorrow. The €250 million sale by Indego and Nama was one of the largest retail transactions in Ireland in 2017. The 27-year-old shopping centre – Ireland’s largest when it first opened – registered some […]
Dublin’s Grafton Street is set for a little more variety with plans by the Australian stationary sensation Smiggle to open a new outlet on the street this summer. It will be the company’s second city-centre store – the other one is in the Ilac Centre – and the fourth in Dublin. Smiggle sells brightly coloured “fashion” stationery that has […]
