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Retail Sales Index

27th January 2023/in News, Reports, Retail

Changing spending patterns saw retail sales in December 2022 fall marginally from November figures indicating the traditional Christmas rush has turned into more of a marathon than a sprint. Annualised figures (excl. motors) show a strong increase in sales values of 7.88% albeit a nominal increase in volumes of 0.16%. This reflects the ongoing price inflation which saw the cross over in the value and volume indexes last year. The data also shows a strong shift away from household and electrical which enjoyed a stellar performance during periods when other retail outlets were closed due to COVID restrictions.

CSO (Central Statistics Office Ireland)

https://bannon.ie/wp-content/uploads/RSI-December-2022.png 406 878 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2023-01-27 16:27:502023-01-27 16:27:50Retail Sales Index

Bannon Retail Pulse – January 2023

26th January 2023/in News, Reports, Retail, Shopping Centre

The first Bannon Pulse of 2023 is now live. We look back at the strong level of activity in 2022, highlighted by the large number of lettings and new market entrants. Our occupancy trackers finished 2022 in positive form, as did our trading analysis across the retail categories. Neil Bannon gives his take on the market concluding that, ‘The opportunity for informed investors is to acquire retail assets with robust performance but priced to reflect a negative narrative’.

To view the full report, please click here.

https://bannon.ie/wp-content/uploads/Bannon-Retail-Pulse-January-2023_Page_1.jpg 1532 1084 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2023-01-26 17:18:022023-01-26 17:18:28Bannon Retail Pulse – January 2023

Bannon Retail Pulse – December 2022

10th January 2023/in News, Reports, Retail, Shopping Centre

Our final Retail Pulse of 2022 has just gone live. All in all, an exceptionally busy year for the team at Bannon. 2023 is looking very promising for Retail.

Neil Bannon concludes this Retail Pulse with 10 Reasons to be Cheerful about the Retail Landscape in Ireland (page 4).

To view the full report, please click here.

https://bannon.ie/wp-content/uploads/8088-Retail-Pulse-December-2022_Page_1.jpg 1684 1191 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2023-01-10 16:08:312023-01-10 16:08:31Bannon Retail Pulse – December 2022

Bannon Retail Pulse – November 2022

12th December 2022/in News, Reports, Retail

Bannon’s latest monthly Retail Pulse has now gone live. Neil Bannon looks at recent retail sales data to demonstrate how the negative narrative continues to clash with reality.

To view the full report, please click here.

 

 

https://bannon.ie/wp-content/uploads/Bannon-Retail-Pulse-November-2022_Page_1-728x1030-1.jpg 1030 728 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-12-12 17:11:382022-12-12 17:11:38Bannon Retail Pulse – November 2022

Largest Irish Zara store to open at Blanchardstown Shopping Centre tomorrow

12th December 2022/in Events, News, Retail, Shopping Centre

A brand new Zara store will open at Blanchardstown Shopping Centre tomorrow just in time for Christmas.

The store is set to be the largest branch in Ireland and will open its doors and 9am. The fashion retailer’s Blanchardstown outlet has been temporarily closed as they moved to the 52,000sq ft former Debenhams unit in the shopping centre.

A spokeswoman for Blanchardstown Centre said: “The expansive new store will offer the latest womenswear, menswear and childrenswear collections, along with accessories, through a world-class and vibrant in-store experience.

“The new store features the latest technological innovations of Zara’s integrated online and physical store platforms. It is equipped with technological tools to offer customers a unique fashion experience. The store also includes new areas for the latest product lines, such as the menswear Athleticz line (the only one in Ireland), as well as footwear and accessories.”

Article by Dublin Live

https://bannon.ie/wp-content/uploads/zara.jpg 539 810 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-12-12 14:58:392022-12-12 14:58:39Largest Irish Zara store to open at Blanchardstown Shopping Centre tomorrow

MAPIC 2022

29th November 2022/in Events, News, Real Estate, Retail

A busy morning at MAPIC for our retail team Darren Peavoy and Jennifer Mulholland, catching up with retailers and colleagues in The International Retail Network (TIRN).

https://bannon.ie/wp-content/uploads/MAPIC.jpg 481 640 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-11-29 11:58:112022-11-29 11:58:11MAPIC 2022

Camile Thai Kitchen is now open in Citywest Shopping Centre

29th November 2022/in Lettings, News, Retail, Shopping Centre

Great news for the Citywest community. The nationwide restaurant chain, Camile Thai Kitchen has chosen Citywest Shopping Centre for its latest location.

As property managers and letting agents for the centre, we wish Camile the very best of luck as they create new jobs for the local area and become part of this thriving scheme.

https://bannon.ie/wp-content/uploads/camille.jpg 1030 773 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-11-29 11:07:192022-11-29 11:07:19Camile Thai Kitchen is now open in Citywest Shopping Centre

EZ Living Interiors have opened their fifteenth Irish store at The Retail Park Liffey Valley

29th November 2022/in Lettings, News, Retail, Shopping Centre

EZ Living Interiors have opened their fifteenth Irish store at The Retail Park Liffey Valley. The store, which adds to an already impressive retailer line up in the park, is home to over 100 sofa collections, 50 dining sets, 50 bedroom ranges and a divine collection of home accessories, with everything from the timeless to the trendy. With an array of furniture designed and manufactured locally in Ireland, the Irish-owned family business is passionate about supporting Irish jobs, skill and craftmanship.

Bannon are proud to act as Asset Manager, Property Management Agents and Lettings Agents for the scheme.

https://bannon.ie/wp-content/uploads/ez-living.png 720 719 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-11-29 11:01:452022-11-29 11:03:06EZ Living Interiors have opened their fifteenth Irish store at The Retail Park Liffey Valley

LUSH is now open in Dundrum Town Centre

29th November 2022/in Lettings, News, Retail, Shopping Centre

It’s been a few years in the making, working to get the right unit on the right pitch … but now it’s open. South Dublin has no excuse not to be smelling lovely with the sustainable, ethical and handmade cosmetics from LUSH.
The new Lush store opened in Dundrum Town Centre and we are proud to be part of the team opening their first flagship for Ireland, complementing Lush’s original Irish stores.
https://bannon.ie/wp-content/uploads/LUSH.jpg 775 1030 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-11-29 10:57:542022-11-29 10:57:54LUSH is now open in Dundrum Town Centre

World Kindness Week

14th November 2022/in Events, News, Retail

To celebrate World Kindness Week, the team at Malahide Road Retail Centre carried out some random acts of kindness by surprising some of our shoppers with gift cards across all our stores to help with their shopping!

Happy shopping everyone!

Walker Communications Irish Life Investment Managers

 

https://bannon.ie/wp-content/uploads/Malahide-Road-Retail-Centre-WKW-1030x453-1.png 453 1030 Bannon Webpage Admin https://bannon.ie/wp-content/uploads/bannon-logo-trans.png Bannon Webpage Admin2022-11-14 11:17:452022-11-14 11:17:45World Kindness Week
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