Weekly Roundup... 18 February, 2020

By Donna Ahern
Weekly Roundup... 18 February, 2020

Vending machines are synonymous with unhealthy snacking. Seeking to change this perception, the family-owned Dublin Meat Company has created a vending machine offering for those looking for a healthy and balanced lunch or snack option. The company introduced the new machines recently and says that it has seen a massive uptake in their use. The Fit Food Ready Meals come in 11 flavours, are clean, macro friendly, low calorie and MSG-free, and are microwaveable in four minutes. Nine of the 11 options are gluten-free, and the meals are made exclusively for Dublin Meat Company.

Britons kept a tight grip on their spending last month, a survey showed on Tuesday, suggesting that shoppers have not felt the jump in confidence reported by many companies since December's election broke the Brexit logjam, reports Reuters. Total retail spending edged up by an annual 0.4% in January, the British Retail Consortium said. The average increase over the past 12 months was just 0.2%, the lowest since BRC's records began in 1995, while like-for-like retail sales in January, excluding changes in floor space from one year to the next, were flat.

Metro chief executive Olaf Koch has said that the financial year 2018/19 marked "significant progress" in the company's bid to become a pure wholesale business.
Commenting at Metro's AGM, Koch said that the period saw the "strongest like-for-like growth for Metro Wholesale in the past ten years", a recognition of the group's more targeted focus, reports Esmmagzine.com The recent sale of a majority stake in Metro China, coupled with the sale of its Real hypermarket business, agreed last week, means that the business now expects net proceeds of more than €1.5 billion. This "will provide financial flexibility and enable us to achieve dividend continuity, targeted acquisitions and further reduce our net debt", Koch added.

China has approved the import of all poultry products from the United States, the ministry of agriculture and rural affairs said on its website on Monday, including breeding birds in addition to poultry meat approved late last year, reports Reuters. Beijing had banned all trade in poultry products from the United States since 2015 due to outbreaks of avian influenza there.But it lifted the ban on poultry meat imports in November 2019 as a concession to the United States ahead of finalising a limited trade deal.

© 2019 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.


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