Retail | Business Post

Property Sector

Strong investment demand will support deal flow in 2022

While risks remain in the domestic market, all the indications are that interest in Irish property remains high

Fast-fashion giant Shein to build out a team of senior staff in Ireland

Chinese online clothes retailer plans to hire a number of people in its Dublin office including a legal head and a head of finance

Commercial property

Four-storey D4 building presents management opportunity

No 19 Baggot Street in Dublin 4 has come to the market with a guide price of €1.2 million

People facing ‘unprecedented increases in cost of living’, Tesco Group chief says

The supermarket giant has noted customers switching to own-label brands, while sales have dropped by 2.4 per cent in 13 weeks

One in four Irish young people buying counterfeit goods

A survey by the EU’s Intellectual Property Office found that 52 per cent of young people in Europe had bought at least one fake product online over the past year

Ship to store: Lidl launches shipping line to navigate supply-chain crisis

The German supermarket chain has bought its own container cargo ship and chartered three vessels to its new subsidiary, Tailwind Shipping Lines

Payments firm Klarna clocks up 500,000 users in Ireland in six months

The buy-now-pay-later Swedish company, backed by Japanese conglomerate SoftBank, last week announced plans to cut its workforce by 10 per cent

From gender-fluid shoe rooms to art installations, what is the future of bricks and mortar luxury retail?

With digital taking over as the dominant channel for luxury shopping, physical retail spaces are becoming much more than just a place to shop.

Faster and faster fashion: How online retailer Shein has left its rivals scrambling to catch up

Shein, the Chinese online clothing giant, has grown at such speed that it has left competitors’ heads spinning. How has it done it? Through clever use of TikTok, cosying up with Gen Z and – many warn – throwing environmental concerns to the wind

Hard sell: Retailers braced for fresh set of challenges

On top of ever-present online competition, high street stores just recovering from lockdown now have to contend with inflation, labour shortages and supply-chain issues. Still, experts don’t expect a tide of insolvencies just yet

Capital expenditure: Is there a future for Dublin Town?

Supporters of the capital’s business promotion body claim its existence is now more necessary than ever, but its critics say it should be scrapped

Shopping centre vacancy rate tops 15% nationwide

Pandemic and online competition have hit high street retail hardest in the west of Ireland, where nearly a third of units are empty

Ikea opens new design outlet in St Stephen’s Green Centre

The furniture giant’s studio forms part of several new short-term licence agreements agreed by high-profile occupiers at the Dublin 2 shopping centre

Home Store + More expands Irish footprint with Frascati store

The homeware retailer is to open a huge outlet on the ground floor of the Blackrock shopping centre

Glass half full: taking the measure of the minimum unit pricing initiative

Minimum unit pricing aims to reduce alcohol-related illness and death, as it has done in other countries – but its efficacy here is likely to be tested by everything from legal challenges to cross-border shopping

Troubled parent company of Zara plans Irish expansion

Spanish-owned fashion giant Inditex, which also owns Pull&Bear among others, has been closing thousands of stores globally, but plans to expand here

Ireland considers French-style ban on fruit and veg plastic packaging

France has banned single use plastic packaging on most vegetables and fruits since new year’s day

James McDermott: If cash is no longer king, it shouldn’t be persona non grata either

The rush to replace our legal tender with credit card and smartphone payments disadvantages the more vulnerable in society, not to mention the fact that technology has a habit of breaking down

Dunnes makes loss of £8.1m in North despite cost-cutting

The results represent the second year in a row the company has made a loss in Northern Ireland

Ian Guider: Retailers fear lockdown rent hit after Foot Locker ruling

The sportswear giant has the cash to go to court, but smaller businesses need a better mechanism for settling lease disputes, and the new Scarp rescue scheme falls short here