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.
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.
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.
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.”