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Retail Intelligence

Did You Know?... 29 September, 2020

By Donna Ahern
Did You Know?... 29 September, 2020

Did You Know?... Children’s Health Foundation (CHF) Temple Street and MiWadi are calling on families, friends and communities to their very own Halloween activity or virtual event at home, schools and creches, in the workplace. The soft drinks company also added that events can be held virtually to raise much-needed funds and help buy vital, life-saving equipment for sick children in CHI at Temple Street.

Did You Know?... Lidl and Intermarché are the only food retail brands in Portugal to gain market share in the period from January to August 2020, a new study has found. According to the Kantar study, Lidl's market share increased by 0.6 percentage points year-on-year to stand on 11.3%, while Intermarché increased its market share by one percentage point to hold 8.8%, reports esmmagazine.com  The leading food retailers in Portugal lost market share, but without compromising their market leadership. Sonae MC saw its share dip 0.9 percentage points to hold 26.8% of the market and Jerónimo Martins saw its share drop 1.4 percentage points to put it on 22.9%.

Did You Know?... Mars Inc said on Wednesday it was changing the name and branding of its Uncle Ben's rice products after the brand came under fire for promoting racial stereotypes. The company said it would drop the logo of an elderly African-American man wearing a bow tie on the 70-year-old brand and replace it with an orange package with Ben's Original' written in a blue font, reports Reuters. The brand was named after a Texas rice farmer. Mars joins a growing list of companies that have dropped racially insensitive branding after drawing criticism amid a national debate over racial inequality in the United States.

Did You Know?... SPAR Hungary has announced plans to include more products from local producers with particular focus on fresh produce such as fruit and vegetables, dairy products, poultry and meat, reports esmmagazine.com. Presently, the company is reviewing the scope of increasing the volume of products sourced from local suppliers across various departments in association with the Hungarian Chamber of Agriculture (HCA).

 

© 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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