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Weekly Round-Up... 24 April, 2018

Published on Apr 24 2018 10:47 AM

Weekly Round-Up... 24 April, 2018

Kimberly-Clark Corp, Huggies diapers and Kleenex tissues, reported a 5% rise in sales. For the quarter ending March 31, the group beat expectations of $4.6 billion to record $4.73 billion.

Debenhams Ireland is cushioning the blow for the UK Retailer. The Irish division is continuing to benefit from the restructuring programme which began in 2016 while the UK branch has lowered its full-year earnings outlook for the second time this year.

The 'Beast from the east' lead to the biggest quarterly fall in retail sales seen in over a year? The bitter cold and snowy weather resulted in retail sales volumes to drop by 1.2 percent, a fall bigger than what was predicted by most economists.

Celtic Pure Water is branching out to China. The Monaghan-based water company has made a distribution agreement which will take 24 container loans this year, which will rise to 100 loads by 2019.

An Iceland store in Kerry is being accused of misleading customers after a local pig farmer found packets of Glendarra meat labelled ‘produced in Ireland’ actually originate from Spain and Germany.

Several batches of salad sold in Irish supermarkets were recalled over fears of bacteria. Wonderfoods salad was pulled from supermarkets like Dunnes Stores and Aldi urgently after tests revealed possible traces of Listera - a meningitis-causing bug.

20,000 unstamped cigarettes, 30 litres of alcohol have been seized by Revenue officers in Cork. Revenue tobacco detection dog Eva assisted the bust which was worth over €12,600, with a potential loss of €9,800 to the Exchequer.

© 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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