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Weekly Round-Up ... 4 October 2022

The Texaco Support for Sport funding initiative – which, to date, has seen €260,000 distributed among 52 sports clubs across Ireland – has been launched for the third successive year. Under the scheme, hosted by Valero Energy (Ireland) Limited, the company that markets fuel in Ireland under the Texaco brand, a fund of €130,000 will be distributed to 26 sports clubs on a county-by-county basis, with successful applicants receiving €5,000 in each case. With two years completed, clubs that have received funding span the spectrum of Irish sporting activity. Among them were athletics, badminton, basketball, boxing, camogie, climbing, cricket, diving, Gaelic football, golf, handball, hockey, hurling, rowing, rugby, soccer and tennis.

A new convenience store format is being rolled out in Italy, offering consumers the possibility of round-the-clock shopping, seven days a week. The first Slipop store opened its doors on 30 September in Monterotondo, near Rome, reports ESMmagazine.com. The cashierless stores will be located in strategic urban locations, such as large apartment buildings, gyms, and small squares. The outlets will be housed in former newsstands converted to this modern format, or inside large apartment buildings. Slipop guarantees the availability of high-quality products, ranging from food, ready meals, and fresh and zero-kilometre food items to household goods and detergents, offered at prices identical to those of traditional retail channels.

Ireland’s manufacturing sector growth picked up slightly in September, outperforming the wider Eurozone, but new orders and new export orders contracted for the fourth month in a row, a survey showed on Monday. The AIB S&P Global Manufacturing Purchasing Managers’ Index (PMI) inched up to 51.5 in September, from 51.1 the previous month, hovering above the 50 mark that separates expansion from contraction. An initial survey last week showed that Eurozone-wide manufacturing activity was shrinking in September. “New orders, including export orders, fell for a fourth consecutive month – a worrying sign reflective of weakening demand in the face of rising price pressures,” said Oliver Mangan, chief economist, AIB.

© 2022 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. For more retail news, click here. Click subscribe to sign up for the Checkout print edition.

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