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Retail Intelligence

Did you know?... 4 December, 2018

By Publications Checkout
Did you know?... 4 December, 2018

Did you know?... A woman has received two months of jail time for causing criminal damage to a €1.50 tube of Pringles in a Tesco supermarket from which she was previously banned from. The Cork District Court heard the woman opened the tube when approached by security staff. It also heard she had more than 30 previous convictions.

Did you know?... Britain is running out of food warehousing facilities needed by retailers and manufacturers to stockpile goods before a possible no-deal Brexit – and the shortage may be the result of Amazon booking the space, MPs have been told. Ian Wright, the director general of the Food and Drink Federation, told the business, Energy and industrial strategy committee on Tuesday that a shortage of space had driven up the cost of chilled warehouse space, even though the shelves may be empty.

Did you know?... AG Barr-owned cocktail brand Funkin has released a hemp syrup which has been produced to complement a range of spirits and cocktail ingredients. Featuring herbal and green tea notes, FunkinPRO hemp syrup can be used with flavoured gins, tequila, spiced rums, and bitters. Created using hemp seed extract sourced from the UK, the syrup has a light green/yellow colour.

Did you know?... Beiersdorf announced plans to establish an innovation hub for the next generation of Korean beauty disruptors in Seoul. The innovation hub will be sponsored by NIVEA. Selected startups from South Korea will receive exclusive access to its global market reach and leading expertise in the skincare industry. The innovation hub will start the selection process for the first cohort in the first quarter of 2019.

Did you know?... PepsiCo is supporting the launch of the ‘Keep it, bin it’ anti-litter partnership between Defra and Keep Britain Tidy. The campaign uses shocking images to call time on the millions of pieces of litter dropped each day across England. The aim is to make littering culturally unacceptable within a generation, so PepsiCo has donated advertising space in cinemas nationwide to support the cause.

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Did you know?... Ikea Group today reported a 26% drop in operating profit for its fiscal year to August and said increased investments to meet rapidly changing shopping habits weighed on results. Operating profit at the world's biggest furniture group was €2.25 billion compared to €3.03 billion in the previous fiscal year. Ikea was known traditionally for its self-service out-of-town stores.

© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition. 

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