Weekly Roundup... 24 March, 2020

By Donna Ahern
Weekly Roundup... 24 March, 2020

The first premium Japanese Craft Gin available for purchase in Ireland, Roku Gin, made its presence known in Dublin recently with an intimate Japanese spirits dinner in Balfes restaurant at the Westbury. Guests were treated to a unique tasting experience across flavours and scents from Japan with a three-course dinner, each course paired with a Japanese spirit and a bespoke cocktail. The event was hosted by Kevin Hurley, GM of Balfes and Zoran Peric, International brand ambassador for House of Suntory. Speaking at the event in Balfes Zoran Peric International Ambassador for Beam Suntory said: “For the House of Suntory, craftsmanship has always translated to sourcing the best ingredients, and elaborating on complex and innovative techniques to create unrivalled quality spirits.

Subway has announced that it has closed its stores across the country, since yesterday, Monday 23 March, until further notice. "We have taken the decision to authorise our Franchise Owners to close all their stores in the UK and Ireland,"  said Colin Hughes, country director UK & Ireland. "We took this decision as we want to continue doing everything in our power to keep people safe," he said, "we believe closing the stores is the right thing to do."

Major US chicken companies are diverting supplies to grocery stores from restaurants to meet red-hot demand as shoppers, unnerved by worries over the new coronavirus, stock their freezers to the brim as they isolate at home, reports Reuters. In addition to redirecting supplies, some producers are adding shifts to slaughterhouse operations. Even so, speed-ups face one constraint: chickens don't grow any faster during a crisis. Hughes said that Franchise Owners will be using up their fresh ingredients to donate Subs to local community groups and emergency workers, wherever possible.

Royal Dutch Shell will lower spending by $5 billion and suspended its vast $25 billion share buyback plan in an effort to weather the recent collape in oil prices, it said on Monday, reports Reuters. The Anlgo-Dutch oil major said it would reduce capital expenditure to $20 billion or below from a planned level of about $25 billion while seeking to reduce operating costs by an additional $3 billion to $4 billion over the next 12 months. The cuts are expected to boost Shell's cash generation by between $8 billion and $9 billion on a pretax basis.

© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.


Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.