Download The Findit App

Share Your Posts On These Major Social Networks

Instatag Your Posts to Instagram Facebook + Twitter

News

ReportsnReports - Retailing in Ireland

Texas 3/21/2012 6:44:36 PM

Irish economy continues to struggle

Despite the IMF and EU pumping EUR85 billion into the country, necessitated by the Irish government’s bank bail-out in 2008, the economy has shown little sign of recovery. Ireland has the highest budget deficit in the Eurozone, house prices continue to fall, unemployment is at record levels and incomes are decreasing. More recent implementation of the four-year programme of austerity measures has hit consumer confidence further, through a combination of higher taxes, reductions in welfare payments and further job losses.

Luxuries in decline

Over the course of the recession consumers were cutting out non-essential and luxury items from their budgets. While this was evident across the entire market, from grocery to non-grocery items, the most significant cutbacks were unsurprisingly focussed on categories such as electronics, leisure and personal goods and furniture and furnishings. Although there was clear evidence of consumers trading down in grocery categories, since this part of the market carries a number of essential staples, sales were better maintained, particularly in volume terms.

Price competition remains dynamic

Ongoing economic difficulties have encouraged operators throughout the retail market to push on with their strategies of deep discounting and promotions, resulting in increased competition and putting pressure on suppliers to keep prices low. Another growing channel adding price competition to the market is internet retailing, which has seen notable development, as both supermarkets and many non-store based retailers have invested heavily in improving their online facilities and services.

The Retailing in Ireland market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic number of stores, selling space and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • How big is the grocery/non-grocery/non-store channel in Ireland?
  • Who are the leading retailers in Ireland?
  • How is retailing performing in Ireland?
  • What is the retailing environment like in Ireland?
  • Which channels are winning or losing in the fight for consumers’ money?
For Comprehensive Table of Content @ http://www.reportsnreports.com/reports/151973-retailing-in-ireland.html

More News

Initiating Rare Disease Drug Discovery Projects


Released On: 9/3/2012
Views: 3429

Organic Light Emitting Diodes (OLEDs): Technologies and Global Markets


Released On: 9/3/2012
Views: 3118

2012 China Synthesis Polypeptide Drug Industry Market Research Report


Released On: 8/31/2012
Views: 3853

The Future of Coal Fired Power Generation Technologies


Released On: 8/27/2012
Views: 2953

Global and China Polyurethane Industry Chain Report, 2011-2012


Released On: 8/27/2012
Views: 2134

UK Commercial Property Insurance 2012


Released On: 8/27/2012
Views: 2828

IP Multimedia Subsystem (IMS) Solutions and Market Opportunities


Released On: 8/23/2012
Views: 2987

Personal Accident and Health Insurance in Hong Kong, Key Trends and Opportunities to 2016


Released On: 8/23/2012
Views: 2013

Graphene: Technologies, Applications and Markets: ReportsnReports


Released On: 8/21/2012
Views: 2704

Supraventricular Tachycardia (SVT) Therapeutics - Pipeline Assessment and Market Forecasts to 2019


Released On: 8/16/2012
Views: 3345

2012 Market Research Report on China Reversing Camera System Industry


Released On: 8/16/2012
Views: 1964

2012 Market Research Report on China Child Safety Seat Industry


Released On: 8/16/2012
Views: 4213

ReportsnReports: Agricultural Biotechnology: Emerging Technologies and Global Markets


Released On: 8/14/2012
Views: 2089

Clothing and footwear retail market in Russia 2012


Released On: 8/14/2012
Views: 1909

Clothing and footwear retail market in Poland 2012: ReportsnReports


Released On: 8/14/2012
Views: 1793

Cement market in CIS countries 2012


Released On: 8/13/2012
Views: 2202

Personal Accident and Health Insurance in the Netherlands, Key Trends and Opportunities to 2016


Released On: 8/13/2012
Views: 2092

U.S. Indoor Air Quality Market


Released On: 8/13/2012
Views: 1941

Load More wait