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Retail Intelligence

Weekly Round-Up... 08 May, 2018

By Publications Checkout
Weekly Round-Up... 08 May, 2018

There was great excitement in TG4 soap Ros na Rún recently when Irish superstar Daniel O’Donnell make his acting debut with a cameo in the much-loved show. Daniel appeared on the show on Thursday May 3 when entrepreneur Vince asks the singer to open his new Siopa XL. O’Donnell, who is a huge fan of the show, said he had "great fun" filming the episode.

Londis will be supporting Pieta House’s flagship annual fundraising and awareness event, Darkness into Light, by providing over 400 bottles of own-brand 500 ml water to over 70 venues on 12 May next. Londis began its partnership with the charity in 2016 when over 30 retailers put their fears aside and undertook parachute jumps for the Londis Jump for Joy event 14th May at The Irish Parachute Club, in Clonbullogue, Co Offaly.

Kellogg's sees health brands drive gains in the first quarter. The group topped analyst forecasts for first-quarter sales and profit as the maker of Corn Flakes cereal earned more from its health-focused snack brands.

Revenue officers seized 14,500 unstamped cigarettes, 32kgs of unstamped tobacco and over €2,700 cash. Over the weekend Revenue officers in Dublin, Galway and Cork uncovered the illicit products which represent an approximate €37,700 loss to the Exchequer.

Molson Coors’ first-quarter results show a 4.8% drop in sales. The international drinks company reported net sales of $2.33 billion (€1.95 billion) in the first quarter of its financial year.

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Eurostat reports Eurozone retail sales grew by 0.1% in March. The statistical office of the EU attributed the increase to a rise of 0.2% in food, drinks and tobacco. Ireland, however, saw a decrease of 1.7% compared to the previous month.

John Lewis denied any talks of a takeover between Amazon and Waitrose. After speculation from the Sunday Times, John Lewis Partnership said that “there has been no approach to the Partnership by Amazon regarding Waitrose and nor would I expect there to be”. Amazon said it would not comment on speculation and rumour.

© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O'Sullivan. Click subscribe to sign up for the Checkout print edition.

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