Retail Intelligence

Weekly Roundup, April 19, 2017

By Donna Ahern
Weekly Roundup, April 19, 2017

The government is putting forward legislation that will ban the sale of products containing microbeads. Cosmetic products such as shower gels and facial scrubs claim the microbeads help exfoliate the skin, but studies show they cause environmental and animal damage once they are washed away and enter the world’s waterways.

Renegade Spirits, the company behind Waterford Distillery, has secured €20 million in funding. The London-based company plans to roll out a premium Irish whiskey ‘aimed at wine drinkers’ and will use the funding to build up whiskey stocks over the next four years.

Maxol has proposed to purchase a service station from Great Gas in Turvey, Co. Dublin. The Competition and Consumer Protection Commission has been notified of the the planned acquisition of the station along with a Centra-branded retail outlet and an adjoining food-service offering.

Mobile-first bank N26 has launched a ‘self-employed’ bank account in the Irish market. The specialist current account is designed for the self-employed and freelance workers and is free to open. The Berlin-based bank doesn’t have a physical presence in Ireland but users can access its services through their smartphones.

Petrol and diesel prices have fallen for the first time in six months. According to the latest fuel prices survey from AA Ireland, prices have fallen by an average 1.1c per litre across the country. Petrol now costs an average 136.6c per litre and diesel an average 126.0c per litre.


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