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Weekly Round-Up 29 September 2015

Published on Sep 29 2015 6:44 AM

Weekly Round-Up 29 September 2015

Fianna Fáil has pledged to ban below cost selling of fruit and vegetables as part of its new agricultural policy, launched at last week’s Ploughing Championships. The party has also said it will get rid of unannounced farm inspections, should it get into power following the next election, as well as adjusting penalties to make sure they are proportionate.

Kellogg’s has revealed that more than 100,000 children took part in its Cúl Camps during the summer, a new record. Some 102,384 boys and girls attended camps during July and August – a 15 % increase on the previous year. Speaking on behalf of Kellogg’s, Jim McNeill, managing director of Kellogg’s Ireland, said “Every year Kellogg’s GAA Cúl Camps have got bigger and better and the record number of sign-ups this year shows the formula is absolutely right for kids and parents in the holidays.”

Letterkenny has been named as the winner of the 2015 SuperValu Tidy Towns competition, which took place at Dublin's The Helix yesterday. Commenting, Martin Kelleher, Managing Director, SuperValu said, “The incredible dedication shown by the volunteers involved is truly admirable and continues to amaze us year after year. Their relentless commitment to working for the good of their local community is what makes this competition the success it is today.”

Diageo says that the strength of the sterling will see its profits knocked by €205.61 million (£150 million) this year. According to an update by Chief Executive Ivan Menezes ahead of the drinks giant’s annual general meeting, the weakness of currencies in emerging markets in relation to the sterling could impact operating profit alone by €137.06 mllion(£100 million).

Single price retailer Poundland has announced a £50 million share placement so it can fund its purchase of rival 99p Stores, and cautioned that its first-half profit would fall short of last year’s level. The acquisition of the 251-store 99p Stores, announced in February, was cleared by Britain’s competition regulator last week and is expected to be completed shortly.

The world’s largest brewer, Anheuser-Busch InBev, has announced plans to buy Los Angeles-based Golden Rod Brewing, as it continues to build its craft beer portfolio. The news follows hot on the heels of Heineken’s purchase of a 50% stake in craft beer producer Lagunitas Brewing Co.

Rock band AC/DC is teaming up with Aldi in Australia to release AC/DC Premium Beer, which is packaged in cans featuring a design inspired by the band’s 17th album and ‘Rock or Bust’ tour. The beer will be available exclusively in Aldi stores in New South Wales and Victoria from the end of September.

Musgrave Retail Partners Ireland marketing director Ray Kelly and Glanbia Consumer Foods’ Tim Ryan are among those presenting at the Visualise Shopper Marketing Conference, taking place at the Guinness Storehouse this morning. Stephen Rust, chief executive of engage Consulting and Eoghan Phelan of Visualise will also be presenting. Further details are available here.

Horgan’s Delicatessen Supplies has introduced its new Skyr yoghurt product to the Irish market. Skyr is a traditional Icelandic cultured dairy product, touted as being naturally low fat and protein-rich. The range comes in a variety of flavours, plain, blueberry, strawberry or vanilla, and each 170g pot comes with its own spoon.

Northern Irish baby foods and snack products manufacturer Heavenly Tasty Organics has secured its first major deal in France. The deal will see Heavenly Tasty Organics supplying 49 supermarkets and 15 hypermarkets throughout France with its New Organic Superfood snack range on a trial basis.

© 2015 - Checkout Magazine

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