PRL IN-Market Solutions Take A Look At a selection of the main stories in and around retail this week
Tesco to Invest €70 million In Irish Stores
Tesco Ireland is set to invest €70 million in its store network between this year and 2018, according to the Sunday Independent.
French Health Minister Admits Failure of Plain Packaging as Cigarette Sales Fall
France’s Health Minister has admitted that plain packaging for tobacco has failed after official sales of cigarettes actually increased following the the stripping of branding from packs a year ago.
Voucher System Helps Keep Dunnes Stores ahead of Retail Rivals
Figures from market research company Neilson show that nearly 75% if Irish shoppers have left their main Christmas grocery shop until …
Shannon Airport Eyes New Retail Revenue
Shannon Airport Authority (SAA) is inviting retailers to tender to operate retail concessions at the airport.
Drinks Manufacturers Raise Concerns Over Labeling Proposals in Alcohol Bill
Irish drinks manufacturers have criticised the Minister for Health, Simon Harris, for failing to address concerns about the advertising and labeling proposals in the Public Health (Alcohol) Bill.
Campbell Soup to Buy Snacks Maker For €4.12bn
Campbell’s will finance the acquisition through long and short term debt.
Tayto Launches Crisps Bags ‘As Gaeilge’
Irish crisps producer Tayto announced that it is adding labeling ‘as Gaeilge’ to its crisps bags sold in Ireland.
Irish People Continue to Buy Black Market Goods
Irish people are continuing to purchase cigarettes and other goods on the black market, something which is costing the economy almost €2.5 billion in 2015.
Ornua Signs €610m Bank Facility to Support Dairy Growth
Ornua has secured new five-year syndicated bank facilities of €610 million, replacing its existing €420 million syndicated bank facilities.
Mobile Retail Browsing Shows Increase of 74% YOY
Recent research indicates, that there has been a 74% increase YOY in mobile browsing activity when compared to November 2016.
Irish Arm of Argos Back in black After Booking €153m Charge Last Year
The Irish arm of retail giant Argos, which booked a €153 million impairment charge last year, returned to profit in early 2017 even as sales declined.
The Loop Celebrates World Exclusive ‘Gin-Choc’ Launch
Aer Rianta International (ARI) has announced its ‘world exclusive’ launch of Butlers Drumshanbo Gunpowder Irish gin-flavoured chocolated at The Loop, at Dublin and Cork Airports this month.
