Buoyed by a long spell of fine weather, sales in the Irish retail sector grew by 3.4% in the second quarter of 2018, according to a new report from Retail Ireland, the Ibec group that represents the sector. In its latest Retail Monitor, published today (see attached), the group said sales in the first half […]
Retail Excellence is today (4 July) calling for targeted solutions for retailers in Budget 2019. “In an increasingly boundary-less retail environment the representative body are seeking additional online supports and tax fairness measures to protect retailers from the onslaught of cheap, non-European imports,” the retail organisation said in a statement. “Despite record numbers back at […]
Further signs of fast growing property values in Dublin’s Dawson Street emerged this week with the sale of the Trailfinders building for a full 60% above the guide price. David Carroll of Bannon is delighted to have advised Trailfinders on their acquisition. Agent Cushman & Wakefield initially invited offers of more than €7.75 million for the holiday booking premises […]
Vue, the chain which owns a 3,800 seater cinema at Liffey Valley in Dublin, has acquired the cinemas of Irish rival Showtime for an undisclosed sum. Showtime operates cinemas in Limerick and Ashbourne with 13 screens and more than 2,200 seats between them. Recently filed accounts for the holding company of these cinemas, Showtime Cinemas Limited, show […]
Currys PC World is coming to Waterford Retail Park. The 13,000 sq.ft. fit-out has commenced and it is due to open the end of August. Waterford Retail Park is a premier retail park with a high profile location along one of the main access routes to Waterford City from the M8 and N25 (Cork Road). […]
Manor Mills Shopping Centre has just opened a brand new Costa Coffee store and its arrival has generated a lot of excitement in the centre. Costa Coffee has invested heavily in its 1,600 sq. ft new store fit-out which has resulted in a bright, high spec coffee offering. Costa Coffee is a multinational coffee house […]
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 […]
