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Retail Intelligence

Weekly Round-Up… 31 October, 2018

By Steve Wynne-Jones
Weekly Round-Up… 31 October, 2018

Tesco is launching an organic and reusable femcare range - Time Of The Month (TOTM). TOTM uses non-GM organic cotton in their tampons, pads and liners and eco-alternatives such as biofilm wrappers and biodegradable applicators. Their range is cruelty-free and registered with The Vegan Society.

Gino's Gelato has created Halloween themed ice creams, such as Black Vanilla, which is made with pure vanilla extract and coconut charcoal, and Mango Sorbet, which is a vegan option made from fresh mango. Anthony Murphy, Gino’s Gelato co-founder, said that Halloween is an opportunity to create and surprise customers.

Department store chain Debenhams has been closing 50 of its underperforming stores, putting around 4,000 jobs at risk, as write-downs in the value of its business led to a record full-year loss of nearly £500 million. Debenhams has over 170 department stores across the UK, as well as 10 in Ireland and some in Denmark

Propercorn combines Fairtrade cocoa, and contains 126 calories per serving to create a healthier Chocolate Popcorn. These dark cocoa notes combine with whole milk, sweet demerara and a sprinkling of sea salt for smooth chocolatey sweetness. The blend contains less than half the sugar of a traditional chocolate bar but with no less sweet satisfaction.

BWG Foodservice, part of leading Irish wholesale and retail group BWG Foods, was presented with the Irish Quality Food and Drink Award 2018 in the Fresh Produce category for the BWG Foodservice Fruity Grain Salad, beating off stiff competition to secure the prestigious accolade. Now in its sixth year, the Irish Quality Food and Drink Awards (IQFA) recognise and celebrate the best in retail, wholesale and foodservice food and drink products available on the island of Ireland. The Q Award is a recognisable and prestigious accolade recognising the best in quality food and drink.

Colgate-Palmolive Company reported worldwide net sales of $3,845 million in the third quarter of 2018, a decrease of 3.0% versus the third quarter of 2017. Global unit volume was even with the year-ago quarter, pricing increased 1.0% and foreign exchange was negative 4.0%. The previously disclosed professional skin care acquisitions contributed 1.5% to net sales and unit volume growth in the quarter. Organic sales (net sales excluding the impact of foreign exchange, acquisitions and divestments) decreased 0.5%.

British supermarket Asda is to start consulting with staff over potential job losses next year which could total almost 2,500, according to sources. Areas of work affected by any changes include petrol, bakery, back office, and so-called hosting.

© 2018 Checkout – your source for the latest Irish retail news. Article by Maria Cabecos. Click subscribe to sign up for the Checkout print edition. 

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