Weekly Roundup... 28 January, 2020
Published on Jan 28 2020 10:15 AM
Just Eat, Ireland’s leading food ordering and delivery app, hosted the sixth annual Just Eat National Takeaway Awards in Dublin, where Saba To Go, Rathmines was crowned Ireland’s favourite takeaway. Beating off stiff competition, Camile Thai, Phibsboro was the winner of this year’s inaugural Best Takeaway Sustainability Award, while Camile Thai, Greystones reigned supreme in the all-new Best Takeaway Vegan category. Hosted in Dublin’s Number Twenty Two and presented by popular presenter and famed foodie Cassie Stokes, The National Takeaway Awards were developed by Just Eat to celebrate the nation’s favourite local takeaways; recognising the ongoing efforts of restaurants in the sector delivering great tasting, quality cuisine.
PwC has announced its new partnership with the FMCG Directors Network which is part of the Executive Institute. The advisor to the retail and consumer industry in Ireland and internationally said that as it moves into 2020, 'with a continued uncertain business environment,' this joint collaboration aims to 'provide a peer to peer platform for discussion on industry challenges and opportunities while sharing practical insight for success in this important industry.'
Russian retailer Lenta has posted like-for-like sales growth of 0.1% for full-year 2019, with both traffic and average basket sales flat for the period. Total sales at the retailer were up 1.0% for the year to RUB 417.5 billion (€6.06 billion), with its retail business up 4.0%, and its wholesale business down 53.2%.Lenta opened eight new hypermarkets and three supermarkets in the full-year period, while it also closed three hypermarkets and seven supermarkets. In the fourth quarter, like-for-like sales were down 3.6% the group said, with total sales down by 1.4%.
Half-year earnings at South Africa's Woolworths could drop by as much as 20%, the retailer has warned, sending its shares down more than 4%. The company, which sells food, clothing and homeware, said an accounting change had compounded the decline, but also pointed to another drop in sales at its struggling Australian businesses and slow trade during the critical December period, reports Reuters. In a trading statement, Woolworths said that while group sales were expected to have risen by 3.8% in the 26 weeks to 29 December, headline earnings per share - the main profit measure in South Africa - were likely to be between 15% and 20% lower.
© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click subscribe to sign up for the Checkout print edition.