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Weekly Round-Up… 14th August, 2018

Published on Aug 14 2018 10:30 AM

Weekly Round-Up… 14th August, 2018

Dunnes Stores has set its sights on establishing a new high-end outlet at the former Playwright pub of the Dublin suburb of Blackrock. The pub was purchased in 2014 by Irish Starbucks license holders Ciaran and Colum Butler, who subsequently secured planning permission to convert the premises into a shop.

Debenhams and fitness chain Sweat! are set to open the first instore gym in their partnership on 10 September. The 17,575 sq. ft site in the Debenhams Sutton store will be followed by two further openings next year at sites in Manchester and Bristol. The initiative is part of the department store’s strategy to deliver ‘social shopping’ and drive footfall to its outlets.

The seasonally-adjusted volume of retail trade in the euro area increased by 0.3% in June 2018 against figures of May 2018, according to estimates from Eurostat, the statistical office of the European Union. However, statistics for the EU28 for the same period remained stable. Calendar-adjusted retail sales index increased by 1.2% year-on-year in the euro area and by 1.9% in the EU28. Volume sales in the eurozone increased by 0.1% in March this year.

Anheuser-Busch InBev, the world's biggest brewer, will start building a more-than two-million-hectolitre-a-year brewery in Mozambique in the second half of next year. The Mozambican investment will look to fend off competition from rival Heineken, which is in the middle of building a $100 million brewery in the southern African country.

Glanbia has selected the location for a new $470 million cheese and whey plant in the US, which it is building in a collaborative project with American partners. Glanbia Nutritionals, Dairy Farmers of America and Select Milk Producers have announced that they have, subject to the satisfaction of certain conditions, selected the City of St. Johns, Michigan as the preferred location for their new joint venture.

Elevate are hosting its inaugural women in business event in the Maryborough Hotel, Cork on the 13th September to raise funds for the Irish Grocers Benevolent Fund. The fund is to assist assists people in the retail, wholesale and supplier trade sector in Ireland by providing financial support to those in need. The theme for this event will be work-life balance, celebrating women succeeding in the workplace. Tickets are €100 and available on www.tickettailor.com or for more enquires email; [email protected]

Sports Direct, the British sportswear retailer controlled by tycoon Mike Ashley, on Friday snapped up House of Fraser from the department store group's administrators for 90 million pounds. Sports Direct said it had bought House of Fraser's 58 UK stores, its brand, and stock. It gave no details of its plans for the business, the future of its staff - over 5,900 direct employees and 10,100 who work for concession partners - or who would be responsible for pension liabilities.

© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition. 

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