News | Latest Breaking News Stories & Headlines

The Competition and Consumer Protection Commission has said it will be watching to make sure all discounts are genuine

Businesses warned not to mislead shoppers with sales

For most, Black Friday and end-of-year sales are far from the mind in July, but many retailers are already preparing for the busy shopping season.

Business • 27 Jul 23

January is the busiest month of the year for car sales

Bumpy road ahead for car buyers in 2023

2022 was a challenging year for those buying and selling cars, with rising prices, tight supply and economic uncertainty. 2023 looks like it won't be hugely different.

Business • 14 Jan 23

H&M said its net sales jumped by 62% in its fiscal second quarter

H&M's March-May sales surge as Covid restrictions ease

Quarterly turnover at H&M, the world's second-biggest fashion retailer, jumped from a year earlier as pandemic restrictions were eased, although revenue remained well below 2019 levels.

Business • 15 Jun 21

Successful applicants for the sales and support jobs will be able to work from any location in Ireland

Medallia plans 100 remote jobs in expansion to Ireland

San Francisco-based software firm Medallia is to create 100 remote working jobs as part of its expansion into Ireland.

Business • 07 Jan 21

Next said its central scenario now assumes a full year 2020-21 pretax profit of £300m

Next raises profit outlook on strong recent trading

Clothing retailer Next has raised its profit outlook for the second time in two months as it reported strong recent trading.

Business • 17 Sep 20

H&M is the world's second-biggest fashion retailer

H&M says recovery uneven after sales tumble 50%

H&M, the world's second-biggest fashion retailer, has today reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the Covid-19 pandemic slammed the sector.

Business • 15 Jun 20

M&S has reassured that the post-crisis future of the business was strong

M&S warns of 'severe impact' from coronavirus

Marks & Spencer has today warned that trading over the next nine to 12 months in its clothing, homewares and international businesses was likely to be "severely impacted" by the coronavirus pandemic.

Business • 20 Mar 20

French Connection said it would continue to hold back paying dividends this year

French Connection posts full year loss

Clothing retailer French Connection has today reported a full-year loss, citing difficult trading conditions on UK's high streets and said it would continue to hold back paying dividends this year.

Business • 10 Mar 20

3,214 new cars were licensed here during the month

Car imports continued to power ahead in October

The number of new cars on the roads here rose almost 12% last month new data from the Central Statistics Office shows.

Business • 08 Nov 19

Tesco said its group like-for-like sales rose 0.2% with like-for-like sales in its Irish operations rising by 1.3%

Tesco's sales growth slows in subdued UK market

Tesco said its sales growth slowed in its latest quarter, blaming a subdued overall market that has been hampered by poor early summer weather.

Business • 13 Jun 19

Next has maintained its sales and profit guidance for the full 2019-20 year

Next benefits from warm Easter with 4.5% Q1 sales rise

UK clothing chain Next today said warm weather over the Easter holiday drove a 4.5% rise in full-price first-quarter sales, beating its own forecasts of a 3.2% rise.

Business • 01 May 19

Morrisons said its total revenue rose 2.7% to £17.7 billion, with like-for-like sales up 4.8%

Britons stock up on toilet roll, painkillers: Morrisons

Toilet rolls and painkillers are some of items Britons have started to stockpile ahead of a potential no-deal Brexit, supermarket Morrisons said today.

Business • 13 Mar 19

BMW expecting a slight increase in sales this year despite challenging market conditions.

BMW says group sales up 1.1% in 2018

BMW said its group sales went up 1.1% on a worldwide basis in 2018 to 2,490,664 vehicles.

Business • 11 Jan 19

Unilever reports lower than expected second quarter sales

Unilever's second-quarter sales disappoint

Unilever today reported lower than expected second-quarter sales, hurt by a Brazilian transport strike and weak pricing, setting a downbeat tone for the consumer goods sector.

Business • 19 Jul 18

IKEA Group reports retail sales of €34.1 billion in its fiscal year up to August

IKEA Group's full-year sales up 4% to €34 billion

IKEA Group, the owner of most IKEA stores, has reported retail sales of €34.1 billion in its fiscal year up to August, up 4% from a year earlier.

Business • 10 Oct 17

Tesco said its UK and Ireland underlying operating profits jumped 21.1% higher to £471m in the six months to August 26

Tesco to pay first dividend since 2014-15 crisis

Tesco said it would resume paying a dividend for the first time in three years, with strong demand for fresh food and cost savings helping the retailer to lift its first-half profit by 27%.

Business • 04 Oct 17

Next's first-half profit fell by 9.5% to £309.4m

Next lifts its full-year outlook higher

Retailer Next said it had managed to cushion the inflationary impact of a weak pound and nudged up its full-year sales and profit forecasts.

Business • 14 Sep 17

Sales of tablets were down 8.5 per cent during the last quarter compared to a year earlier

Tablets tumble as sales decline continues

The tablet craze from a few years ago showed more signs of fading this year, with most major producers reporting sales declines in new research.

Technology • 05 May 17

Net profit at Nestle fell to 8.5 billion francs last year - disappointing the markets

Nestle scales back its growth targets

Nestle's new chief executive has scrapped the food company's long-standing sales target as it reported disappointing annual results, adopting a more cautious tone in an uncertain environment.

Business • 16 Feb 17

Tesco said that like-for-like sales in Ireland grew by 0.1% over the 19-week period

Tesco caps year of recovery with Christmas trade

Retailer Tesco has today reported a 0.7% rise in underlying Christmas sales in its home market in the UK, capping a year of recovery with a solid performance over the key festive period.

Business • 12 Jan 17

REI said footfall in many urban centres is up, but the mild weather in recent weeks has had a negative impact on sales of winter stock – particularly in ladies fashion, footwear and children's wear

Christmas trade should be 'on par with 2015' - REI

A late rally in Christmas retail trading should see sales 'on par with 2015', according to Retail Excellence Ireland.

Business • 22 Dec 16

Sainsbury's made an underlying pretax profit of £277m for the 28 weeks to September 24, down 10% on the same time last year

Sainsbury's targets more cost savings, profit fall

UK supermarket Sainsbury's has today reported a third decline in first-half profit in a row.

Business • 09 Nov 16

Debenhams has reported pretax profit for the year ended September 3 of £114.1m

Debenhams annual profit inches higher

Department store group Debenhams said its annual profit inched up 0.5% as it struggled to grow in a tough retail environment in 2016.

Business • 27 Oct 16

P&G sold 41 of its brands, including Clairol and Wella, to Coty in a $12.5 billion deal earlier this month

P&G's quarterly profit beats on cost cuts

Procter & Gamble has today reported a better-than-expected quarterly profit, helped by cost-cutting and strong demand for its baby, feminine and home care products.

Business • 25 Oct 16

The company's third quarter group sales were dragged lower by the results of Philips Lighting

Philips' third quarter profits miss targets

Dutch healthcare technology and services company Philips today reported a 47% jump in third quarter earnings as sales and margins rose, but narrowly missed analysts' estimates.

Business • 24 Oct 16