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Retail Intelligence

Did You Know?... 26 May, 2020

By Donna Ahern
Did You Know?... 26 May, 2020

Did you know?... Spar has launched a new a primary school programme called 'The Daily Mile at Home', which will encourage children to run or jog at their own pace, for 15 minutes every day. Parents and siblings are encouraged to accompany students as they participate in the daily activity, which requires no equipment, the retailer explained. The new initiative was recently launched by Spar Ambassador and Irish international athlete, Rhasidat Adeleke. "In times like these, it’s especially important to stay physically and mentally fit so get out and complete your Daily Mile at Home,” Adeleke highlighted. For more information on The Daily Mile click here.

Did you know?...  A number of Portuguese retailers have unveiled plastic reduction measures, with Auchan Retail Portugal ceasing the sale of single-use plastic disposable items such as plates, bowls, glasses, cutlery and straws, reports esmmagazine.com. All these products have been replaced by Actuel Green, an eco-friendly range produced with natural materials, which offers biodegradable and reusable alternatives.

Did you know?... More than four out of every ten pubs in Dublin are planning on reopening "essentially as restaurants" on June 29, according to the findings of a new survey that was conducted between Monday May 18 and Tuesday May 19 by the Licensed Vintners Association (LVA). 44% of the survey's participants reportedly said that they intend to reopen on June 29. The LVA stated that, when applied to the 750 pubs located across the capital, this means that approximately 330 pubs are planning to reopen at the end of next month.

Did you know?... Coffee company JDE Peet's has set an indicative price range of €30 to €32.25 per share for its initial public offering, implying a market value of €14.9 billion to €16.0 billion. The world's No. 2 packaged coffee maker plans to raise about €700 million to pay down debt, selling 23.3 million new shares. JDE, owner of brands including Peet's Coffee, Douwe Egberts, and Jacobs, announced its intention to float last week. Existing shareholders JAB Holding and Mondelez will also sell up to 25.8 million shares each in the offer.

Did you know?... British consumer confidence in early May dipped back down to its joint-lowest level since the global financial crisis in 2009, despite moves by the government to start loosening its coronavirus lockdown, a survey showed on Friday, reports Reuters. GfK, a polling firm, said its consumer confidence index - which it is now publishing every two weeks - slipped to -34 in the 1- 14 May period from -33 during the second half of April."Consumer confidence remains battered and bruised despite efforts at loosening the COVID-19 restrictions," GfK's client strategy director Joe Staton said.

© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.

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