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Retail Intelligence

Did you know?... 28 January, 2020

Did you know?... Japanese fleamarket app operator Mercari Inc is buying rival cashless payments business Origami for an undisclosed sum, continuing consolidation in the fast-growing sector.Loss-making Mercari has almost 15 million users of its eponymous fleamarket app, which allows people to trade used items via their smartphones, and plans to merge Origami Pay with its intergrated Merpay service.

Did you know?... Aldi Suisse has launched an organic project for grazing beef cattle, 'Aldi Bio Weide Rind', which is says is a first for the retail sector in Switzerland. Work on the project started about two years ago as a result of collaboration with the Forschungsinstitut für biologischen Landbau (Research Institute for Organic Farming, or FiBL.

Did you know?... The Camogie Association has announced that Tesco Ireland has signed a two-year deal to become its Youth Development sponsor until the culmination of the 2021 season. The sponsorship will see Tesco support the All-Ireland Post-Primary Camogie Schools Championships as well as the All-Ireland Minor Camogie Championships.

Did you know?... Bewley’s Grafton Street, has raised €15,000 for Samaritans Ireland. Cól Campbell, managing director of Bewley’s Grafton Street, presented Niall Mulligan executive director of Samaritans Ireland, with the donation, raised as part of the ‘Time for Joy’ exhibition which was on display in the café during the Christmas period.

Did you know?... Rum distiller Ron Santa Teresa has launched Venezuela's first public share offering in 11 years, citing rare optimism that the socialist-ruled nation may see an economic transition similar to China and the Soviet Union. One of Venezuela's best-known brands, Santa Teresa, which exports via an alliance with Bermuda-based Bacardi Ltd., sold an initial one million shares on Friday.

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

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