Retail Intelligence

Weekly Roundup, March 14, 2017

By Donna Ahern
Weekly Roundup, March 14, 2017

Top Oil, Ireland’s leading fuel supplier, has named Patrick Cleary, as Top Oil Person of the Year for 2016, and its Kilkenny depot was awarded Top Oil Depot of the Year for2016. The awards were announced as part of the annual Top Oil mid-season review meetings.

Bord Iascaigh Mhara (BIM), Ireland’s Seafood Development Agency, will host the 47th WEFTA (West European Fish Technologist’s Association) Conference in the Aviva Stadium from the 9th – 12th October this year, according to a statement it issued today (14 March). The theme for this year's conference is "Innovative Technologies for Healthy and Sustainable Seafood production". The event will feature international experts across every field of seafood R&D.

Mercury Security Ireland revealed that 2016 sales increased by 32% year on year across all divisions of business. This success also saw the company create 120 permanent jobs during the year through new and expanded contracts.

The 'Feeding Ireland's Future' initiative has launched again for the fourth year running. The Government initiative aims to provide young unemployed people with skills and guidance for developing a career in the food and grocery industry. Companies such as Danone, Unilever, Heineken Ireland, Britvic and Keelings are all participating in the scheme.

Revenue seized €16,300 worth of cigarettes last week. Officers searching a house in Dublin 7 found 27,600 cigarettes and 3.8kg of tobacco, representing a potential loss to the Exchequer of approximately €13,000.


Dublin startup Touchtech Payments has announced plans for international expansion. The company, which uses fingerprinting and retinal scanning to authenticate online payments, will roll out its technology to banks in Germany, France and Kuwait in the coming months.

Bookseller WH Smith Ireland has announced record revenue growth in its stores. The bookseller, which operates stores in Irish airports including Shannon and Dublin, announced revenues of €26.85 million last year.

Credit unions are turning cash away, due to insufficient demand for loans. Credit union leaders have stated that many customers are looking to save money with them, with not enough taking out loans. They are requesting members to reduce their savings to below €25,000 as a result.

Re-developers of Clerys department store are to meet with ex-workers for the first time. The iconic store, which closed in 2015, is being redeveloped by OCS Properties, and An Bord Pleanála has scheduled an oral hearing with ex-workers who wish to appeal the €150 million planned project.

© 2017 - Checkout Magazine

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