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Retail Intelligence

Weekly Round Up... 18 September, 2018

By Donna Ahern
Weekly Round Up... 18 September, 2018

SuperValu has launched a new campaign entitled ‘All Things Considered’. The Irish retailer said, "the plan is to get under the skin of the Irish shopper and unifies everything SuperValu and more importantly, its customers care about – a great own brand product range at affordable prices, fresh healthy food, good customer service, supporting local communities and over 1,800 local and Irish food producers, online shopping and an outstanding Real Rewards programme." Tara Clifford, marketing manager said.

Bord Bia has announced the details of this year’s National Potato Day which takes place on Friday 5th October 2018. The annual celebration honours Ireland’s most loved crop and encourages consumers to recognise its nutritional value and experiment with new and exciting recipes.

Shares in struggling British retailer Debenhams hit a record low on Monday after it widened the remit of adviser KPMG to include examining future options for the group, including a possible Company Voluntary Arrangement (CVA). CVAs allow retailers to avoid insolvency or administration by offloading unwanted stores and securing reduced rents on others. They have been adopted by a string of British store groups including fashion chain New Look, floor coverings retailer Carpetright, mother-and-baby goods company Mothercare and most recently home improvements retailer Homebase.

Tesco, Britain's biggest supermarket group, is set to launch a new discount format next week, taking the fight directly to German discounters Aldi and Lidl who have been winning market share for a decade. Tesco on Tuesday invited reporters to join Chief Executive Dave Lewis at its site at Chatteris in Cambridgeshire, eastern England, on Sept. 19. "We will be sharing some exciting news," it said.

Dairygold has decided to hold its base milk price for August at 32c/L, including 0.5c/L a quality bonus and VAT. Aurivo increased its milk price to 32c/L including VAT, Kerry Group decided to hold its milk price of 32c/l and Glanbia increased its base milk price for August from 31c/L to 32c/L including VAT. Lakeland Dairies decided to hold its price for milk produced last month; it will pay its suppliers 32.78c/L including VAT for the second month in a row. Lakeland’s decision to increase its price by 1c/L for July milk.

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Iceland has expressed its disappointment with a media statement issued by the Irish Farmers Association which is ‘an inaccurate portrayal’ of Iceland’s support for liquid milk producers across Ireland. The IFA statement, which names Iceland and other retailers, which also contradicts an earlier statement from the IFA on 9th Aug, the retailer said, which welcomed Iceland’s support for farmers.

© 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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