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Retail Intelligence

Weekly Round Up, March 1, 2016

By Publications Checkout
Weekly Round Up, March 1, 2016

Aldi has secured planning permission for a new store in Ennistymon in North Clare. According to the Irish Examiner, the move is part of Aldi’s plan to create 400 jobs as it opens seven new outlets in 2016. However, local farmers are reportedly still angry that Clare Marts Ltd sold the site to the discounter in 2014.

DADA wine has reportedly become one of the fastest growing wine brands in Ireland. According to Gary O’Donovan, Chairman of NOffLA, the wine has become a must-stock brand, describing it as “a very easy-drinking, opulent red and retailing at around €10”.

Dunnes Stores is set close its Westport outlet this week, according to MidwestRadio.ie. According to the report, employees were notified of the closure last week and were offered redundancy or redeployment at Dunnes' Castlebar store. However, some staff are reportedly concerned that they may not get same the number of hours if they transfer to Castlebar.

Mandate trade union has warned Tesco that it will ballot its members if the retailer proceeds with plans to cut some workers’ pay, reports the Irish Independent. Almost 1,000 long-serving staff face a pay cut and the loss of guaranteed overtime under the plan, according to Mandate, and the union says it will move to defend its members if these changes are imposed.

Cork is set to acquire a loan of €30 million from the European Investment Bank (EIB) to develop the country’s largest natural harbour in Ringaskiddy. The Irish Independent reported that the funding of the project is expected to be formally signed off later this year.

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SuperValu managing director Martin Kelleher has said that new grocery regulations may disincentivise supermarkets from buying Irish products. Speaking to the Irish Independent, Kelleher said that “one of the easiest ways to get around those regulations is not to buy from Irish businesses,” but added that SuperValu remains focused on supporting Irish suppliers.

IFA dairy chairman Seán O’Leary has called on the government to reconvene the Dairy Forum. According to the Irish Examiner, O'Leary stated that the Forum would allow the relevant parties to plan effectively and help dairy farmers through the continuing slump in global dairy prices.

© 2016 - Checkout Magazine

 

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