Weekly Round-Up… 19 February, 2019
Published on Feb 19 2019 10:30 AM
According to a study from environmental campaign group Feedback, 80 million pints of milk are being wasted in supermarkets unnecessarily because of overly-cautious use-by dates. The group claim that supermarket milk is perfectly safe to drink up o seven days after the official date. It said that the amount wasted could be cut by 30 million by adding an extra day to the use-by period.
Smurfit Kappa's chief executive Tony Smurfit said that British Prime Minister Theresa May appears determined to try and avoid a no-deal Brexit if she can. "I think she's determined to try and avoid a no deal Brexit if she can, because she recognises in talking to business that this could be very damaging for the UK economy and ergo jobs, and politically would be very bad for her," Mr Smurfit told Reuters on Wednesday.
Tesco CEO Dave Lewis has led a new call on restaurants to step up their battle against food waste after new research found they could make a profit of £7 for every £1 they invest in cutting waste. The study by Champions 12.3, which is chaired by Lewis, said there was a ‘compelling business case’ for restaurants to reduce the amount of food that is currently binned.
Scandal-hit British cafe chain owner Patisserie Holdings has been bought out of administration by its management with help from Los Angeles-based investment management firm Causeway Capital. The buyers want to keep around 100 stores open, depending on the outcome of talks with landlords, the report said, citing people familiar with the situation. Philpotts and Baker & Spice and two other brands within the group are to be sold separately.
A number of protests were held outside supermarkets in counties Cavan and Monaghan on Wednesday, as stakeholders in the poultry industry, including retailers and wholesalers, were called on to recognise the rising costs of producing chicken by the farm body. The protests were organised by the Irish Farmers’ Association, who highlighted that chicken farming is a high-cost, low-margin business, adding that chicken farmers constantly strive to make their farms more efficient while maintaining the high standards required of them by their processors and supermarket multiples.
Diageo has announced that plans have been formally submitted for the flagship Johnnie Walker visitor centre in Edinburgh. The Edinburgh attraction is intended to be the focal point of Diageo’s £150 million investment in Scotch whisky tourism. The planning application, jointly submitted by Diageo and the building owner Parabola, sets out proposals for a stunning seven-floor visitor experience 146 Princes Street.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.