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Retail Intelligence

Weekly Roundup... 10 April, 2018

By Publications Checkout
Weekly Roundup... 10 April, 2018

V360°, part of the Visualise Group, in conjunction with ECR, will hold a breakfast talk ‘Preparing For The Future of Shopping, While Thriving In The Now’, on Friday 20th April at 7.30am at The Dean Hotel, Dublin 2. The theme for this talk is Leveraging the Power of Technology and Social Media to Meet Shoppers’ Evolving Needs. Speakers include Keith O’Reilly, co-founder of Bionic, and Robert Flavin, director of strategic planning at V360°.

Unilever is aiming to develop a new technology to convert plastic PET waste back into virgin grade material for use in food packaging. The consumer goods giant has partnered up with start-up company Ioniqa and PET resin producer Indorama Ventures on the project, which has already passed its pilot stage, and is now moving towards testing at an industrial level.

The UK’s Tesco says it has given over 50 million pieces of fresh fruit to children in the past two years under its ‘Free Fruit For Kids’ initiative. The scheme was devised by one Tesco store employee in 2016, who suggested giving free fruit to parents for their children to eat during shopping trips as an alternative to sweets. Since then, the concept has been rolled out to around 800 stores across the UK, providing over 21 million bananas, 19 million apples, and ten million oranges to young shoppers.

The UK-based frozen food retailer Iceland foods is set to enter the Norwegian market this year, according to local reports. The retail group is reportedly planning to open its first franchised stores before the summer, led by Geir Olav Opheim, the former head of agricultural cooperative Nortura and Coop Norway.

Tesco UK has said its own brand fizzy drinks will not go up in price when a sugar tax comes into effect this week, as they are already below a government-imposed threshold. Fizzy drinks made by rival supermarket chains Asda and Morrisons will also be unaffected, as will many branded drinks, as their sugar content has been reduced sufficiently to be exempt from the levy.

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Germany's largest supermarket group Edeka has written to its stores recommending that they drop more of Nestlé's products in an escalation of a pricing row between the world's biggest packaged food maker and European retailers, a trade journal reported. Nestlé is facing off with AgeCore, a Geneva-based group representing six European retailers, including Edeka, which is seeking better supply terms.

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