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Weekly Roundup... 26 October 2021

Published on Oct 26 2021 5:50 AM in Retail tagged: onions / BWG Foods / Granarolo

Weekly Roundup... 26 October 2021

BWG Foods is celebrating the addition of some spook-tacular donuts to their network of community based stores this Halloween as it announced that sales of premium donut brand, Dunkin, have just broken...

BWG Foods is celebrating the addition of some spook-tacular donuts to their network of community based stores this Halloween as it announced that sales of premium donut brand, Dunkin, have just broken the 3 million barrier across SPAR, EUROSPAR, MACE, Londis and XL stores, as customers rush for the Halloween themed treats. The iconic brand was exclusively launched by BWG Foods’ with its independent retailers in August 2020 and has been an enormous hit with customers, who have hugely embraced the delicious packs of two or four donuts, with approximately 8,000 donuts sold per day during the period. The mouth-watering treats have proven so popular that a special pack of Halloween-themed donuts have recently been introduced for those looking to indulge themselves. Commenting on behalf of BWG Foods, Daniel O’Connell, retail director, BWG Foods said, “BWG is very proud to have made the iconic Dunkin’ brand so easily accessible and popular across Ireland in such a short space of time. The Dunkin’ donuts that we offer are a delicious addition to our extensive product range and the Halloween special packs are already proving a huge hit up and down the country.”

Italian agri-food group Granarolo has announced the acquisition of Gorgonzola cheese producer Mario Costa. The deal will see the purchase of 100% of the shares of the company, owned by the Fileppo Zop brothers. With more than 100 years of history and a focus on quality, Mario Costa achieved an annual turnover of around €15 million in 2020. The company processes around 20,000 tonnes of milk from the Lombardy region each year. Most of the turnover is achieved on the Italian market, while the remaining 31% of sales comes from exports, mainly in Europe (UK) and overseas (Japan and the United States).

Buying vegetables at a small market on the outskirts of Mumbai, Shubhangi Patil laments the recent rapid rise in the cost of everyday essentials, from cooking oil to sugar and now onions, a basic ingredient in most Indian food. After the cost of fuel and edible oils hit record highs, Indian consumers like Patil are likely to be further squeezed by a rally in onion prices after heavy rainfall in the country's key growing regions damaged the summer-sown crop and delayed winter crop planting. Onions are also a politically-sensitive commodity, with price spikes contributing to the fall of more than one state government in the past. "The price of every essential commodity has gone up. Edible oil, sugar prices rose earlier and now onions and tomato prices have more than doubled in a fortnight, how one can manage a monthly budget when incomes are not rising?" Patil said.

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