Retail Sales volume increased by 1.5% in April 2018
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 plans more retail brands
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 […]
Housing Solutions and Growth on the Agenda at the Donegal Dublin Business Network
The challenge of creating innovative housing solutions was on the agenda at the most recent meeting of the Donegal Dublin Business Network (DDBN) as Eoghan Murphy TD, Minister for Housing, Planning and Local Government, addressed the organisation. A panel discussion on the subject of housing took place at the group’s April gathering in Iveagh House […]
Monthly unemployment rate of 5.9% April 2018
The seasonally adjusted unemployment rate for April 2018 was 5.9%, down 0.1% from the revised rate of 6.0% in March 2018 and down from 6.8% in April 2017. The seasonally adjusted number of persons unemployed was 140,300 in April 2018, down from 143,500 when compared to the March 2018 figure and a decrease of 16,700 when […]
Davy seeks to double size of Irish property fund
Davy’s Irish Property Fund, where holdings include a controlling stake in the Nutgrove Shopping Centre in Rathfarnham in south Dublin, is understood to be seeking fresh investment as it plans to double in size over the next three years from its current value of €284 million. The fund, which Davy inherited when it took over Prescient […]
Smyths Toys to buy Toys ‘R’ Us German and Austrian stores
Smyths Toys, the fast-growing Galway-based retail group, has agreed a deal to buy the Toys ‘R’ Us business in Germany, Austria and Switzerland. It is Smyths’ first foray into mainland Europe. The deal will see the Irish business buy 93 shops and four online stores. Investment bank Lazard was hired to find buyers for several […]
