Retail Intelligence

Weekly Round-up... 02 March 2021

By Maev Martin
Weekly Round-up... 02 March 2021

AsIAm, supported by SuperValu, is continuing their series of webinars with ‘Autistic Women and Girls’ on 10 March at 7 pm. International Women’s Day celebrates the achievements of women and to mark the occasion AsIAm and SuperValu will host an online seminar that will explore the experiences of women and girls within the autism community. The webinar will be the fourth in the 2021 series that continues to bring informative topics and valuable advice to the autism community. The community support events are delivered by autism experts and can be accessed online and through AsIAm and SuperValu’s social channels.

To celebrate the return of its popular free online game Scratch and Win, Circle K has announced that it is offering the Irish public the chance win a prize such as a free cup of Simply Great Coffee, 4c off fuel vouchers, Froster iced drinks, car washes as well as a selection of snacks and items from Circle K’s in-store food range. To win one of these prizes, the forecourt retailer explained that customers can play the Scratch and Win via the Circle K app or online at  Once players win a prize, it can be redeemed instantly at any Circle K store across Ireland, excluding Circle K Express sites.

Norwegian food conglomerate Orkla has announced that it has acquired 80% shares in Finnish foodservice company Seagood Oy Fort Deli (Fort Deli) for an undisclosed sum. The acquisition marks the company's expansion into the foodservice and out-of-home segment and strengthens its foothold in one of its home markets, reports Fort Deli is well known in Finland for Hank's Sauces, Nonna's Sauces, and Texas Pete Hot Sauce and is an established supplier of frozen products, sauces, and condiments in Finland, Orkla added.

Ivory Coast's cocoa regulator is seeking to sell around 100,000 tonnes of cocoa held by domestic traders who had bought the beans from farmers but lack access to the international export market, industry sources have said. The Cocoa and Coffee Council (CCC) regulator is offering the beans with a discount of around £200 ($280.40) to £250 per tonne, but buyers are demanding bigger discounts because of a supply glut. A bumper crop and weak global demand caused by the coronavirus crisis, coupled with the introduction of a premium for farmers this year, has left hundreds of thousands of tonnes of unsold beans in warehouses in the world's top grower.

Domino's Pizza Inc has recorded a slowdown in quarterly same-store sales growth, as stiff competition from rival fast-food chains, an uptick in indoor dining trends and pandemic-related costs ate into its business. Shares of the company slid 8% as its US same-store sales growth slowed to 11.2% from 17.5% in the previous quarter, and also missed market estimates. Easing COVID-19 restrictions have led to a slight rebound in business for dine-in restaurants in the US, while competitors doubling down on digital operations to keep up with surging online orders has also inflicted pressure on pizza chains. "Domino's is all delivery and in the near-term, they could see a shift as vaccines continue to roll out and people start to go out to restaurants more," Tigress Financial Partners chief investment officer Ivan Feinseth told Reuters.


Fortenova Group has announced that it has fulfilled all regulatory and administrative conditions to complete the sale of Kompas Group to Springwater Capital. The Kompas Group is one of the leading travel companies in the region, with operations in fifteen countries. It is also one of the oldest and largest tour operators in the Adriatic region. The company, headquartered in Slovenia and Croatia and founded in 1951, also operates in the retail and online travel agency (OTA) sectors. It is also involved in Meetings, Incentives, Conference and Events (MICE), and Business Travel Centre (BTC) segments.

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