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Did You Know ...? 1 August 2023

By Donna Ahern
Did You Know ...? 1 August 2023

Did you know ...? ALDI has announced that a new range of Waygu meatballs and burgers will be available in-store from 3 August. ALDI’s Irish Wagyu beef offerings are affordably priced, making it an accessible choice for foodies looking to 'indulge in a touch of luxury without breaking the bank'. Priced at Wagyu Meatballs €3.49 (300g), and Wagyu Burgers €3.99 (340g), the new meat products will be available across its store network nationwide.

Did you know ...? Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, CNN reported on Wednesday citing a company statement. The job cuts would represent less than 2% of total employees at the world's largest brewer, but would not include frontline staff like brewery and warehouse staff, drivers, field sales among others, CNN reported. Anheuser-Busch did not immediately respond to a Reuters request for comment. Bud Light and Budweiser have recently seen its sales drop in the US after a backlash from conservatives over a social media promotion with transgender influencer Dylan Mulvaney and has been dethroned by Constellation Brands' STZ.N Modelo Especial as the top-selling beer brand in the country.

Did you know ...? Brands launched 16.5% fewer new product innovations in 2022, due to growing economic pressures, a new report from Circana has found. The Race for Resilience: Innovation Pacesetters report for Europe, which covers France, Italy, Germany, Spain, the UK, and the Netherlands, has found that in general terms, the rate of new product development has slowed over the past two years, particularly among larger brand manufacturers, reports At the same time, SMEs are 'flexing their ability', accounting for 75% of new product launches, and 68% of total value sales from new products, Circana said.

Did you know ...? Portuguese consumer prices rose 3.1% year-on-year in July, down from a 3.4% increase in the 12-month through June, flash data released by the National Statistics Institute (INE) showed on Monday. Core inflation, which strips out volatile food and energy prices, clocked 4.7% year-on-year, down from a reading of 5.2% in June, reports Reuters. On a monthly basis, consumer prices decreased 0.4%.

Read More: Did You Know ...? 25 July 2023


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