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Weekly Round-Up… 30 April, 2019

Published on Apr 30 2019 10:20 AM

Weekly Round-Up… 30 April, 2019

Irish branches of Debenhams have avoided cuts with 22 shops in the UK set to close their doors, according to reports. 1,200 jobs are at risk in the UK, as the struggling chain's new owners try to return it to profitability. The chain has outlets in Dublin, Cork, Kerry, Kildare, Limerick and Waterford, none of which were listed as the 22 facing closure.

Fáilte Ireland is launching a new initiative 'Taste the Island' to celebrate the country's renowned food and drinks. Dublin businesses and individuals interested in providing tourists with a food or drink experience are invited to attend workshops in Croke Park 8 May to find out how they can get involved. Taste the Island intends to showcase Ireland's food and drink culture from September to November to provide visitors with access to authentic experiences.

Swiss-Irish baker Aryzta has announced the launch of Mette Munk branded Danish pastries into the United States and Canadian marketplace. This authentic pastry line is made at the group's bakery in Odense, Denmark for retail, convenience, and foodservice customers. Mette Munk offers consumers a premium line of Danish pastries made with real fruit, free-range eggs, certified sustainable palm oil, real Bourbon vanilla, and pure maple syrup. A wide variety of the new pastries will be available to serve customer needs, from traditional favourites to exotic flavours.

British online takeaway service Just Eat said on Friday that order growth in its home market softened in the first quarter, partly due to warm weather in February and a later Easter. The firm said UK orders increased 7.4% to 31.9 million over the three months to March 31 - a slowdown from growth of 13% in the fourth quarter of 2018. Analysts had expected 9.6%. Just Eat said UK growth was impacted by a strong comparative number, unseasonably warm weather in February, and Easter falling entirely in the second quarter this year.

Ardagh Group's North American Glass unit was awarded three Energy Star plant certifications for superior energy performance from the US Environmental Protection Agency (EPA) – the only US glass container manufacturer to earn this recognition. The three Ardagh Group glass production facilities, located in Bridgeton, Dunkirk, and Madera, have demonstrated best-in-class energy performance and perform within the top 25% nationwide for energy efficiency when compared to similar plants across the country.

Constellation Brands announced that it plans to enter into an agreement with Canopy Growth Corporation, a leading diversified cannabis company, to modify certain warrants and other rights. These changes are the result of Canopy’s intentions to acquire Acreage Holdings, upon US Federal cannabis legalisation. Before the deal, Canopy announced it has entered into an agreement with Acreage, a US multi-state cannabis operator, where Canopy plans to acquire the shares of Acreage, upon US Federal cannabis legalisation, subject to certain conditions. This transaction is subject to approval by Canopy shareholders.

© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.

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