PRL IN-Market Solutions Round up a selection of the main stories in and around retail this week
February Fuel Prices Remain Stable
Irish fuel prices have remained largely unchanged for the second month in a row, according to AA Ireland.
Visa Consumer Spending Index Shows More Increase
In a development that will come as a surprise to exactly nobody, the latest report in Visa’s Irish consumer Spending Index has revealed yet another increase – the highest since July 2016.
Revenue Passes The €6bn mark at Kerry Group
Revenue at Kerry Group soared to €6.4bn in 2017 as the company benefited from a 4.3 per cent growth in its business.
60% Of Irish Online Spending Went to Foreign Retailers In 2017
Retail sales on the whole rise 7% to €40 bn despite cautious spending in first half of year
C&C Delegates US Ciders To Subsidiary
The group, which owns Bulmers Irish Cider, said that both parties recognise that current market dynamics require a different approach that concentrates on Vermont Hard Cider Company’s core business.
Ibec Group Calls For Reduced State Aid Regulation For Irish Producers Post-Brexit
The Irish agri-food and drinks sector should receive exemptions from EU state aid rules to offset the economic consequences of a hard Brexit, a business representation organisation has demanded.
Coca-Cola: Simple Choices Following Sugar Tax
Coca-Cola outlines how a new pack line-up will give consumers simple choices when the government’s tax on sugar-sweetened drinks is introduced.
Beef, Bread & Booze Benefit From Lidl’s Buy Irish Campaign
Beef, bread and booze were the three B’s driving exports to Lidl’s pan-European network from its Irish suppliers last year, as the German discounter ramped up its spending on locally sourced products for its shelves at home and abroad.
Profit At Glanbia Jumps Over 50% On Dairy Ireland Sale
Glanbia has reported its eight year of double digit growth, with group profit after tax of nearly €330m, up from €212m in 2016.
Most Irish SMEs Have No Brexit Plan
According to a recent AIB index, most Irish SMEs on the island of Ireland do not have a Brexit plan in place.
Tesco’s Matt Davis Joins N Brown
CEO of Tesco UK and Ireland, Matt Davies, has been appointed as the new chairman for British fashion retailer N Brown, effective 1 May, 2018.
Retail Excellence Urges Government Action On Irish E-Commerce
The government’s Budget 2019 should prioritise retail-focused solutions in order to protect the industry, as almost two-thirds of online spend leaves Ireland, an industry body has urged.
Should Belfast Shops Be Allowed Longer Opening Hours On Sundays?
Belfast City Council will hold a second public consultation over a proposal to designate the city as a holiday resort to allow shops longer opening hours on Sundays.
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