25 new stores to open, along with 80 revamps, as part of an €35 million investment; Centra continues to redefine the convenience market as the breakfast roll makes way for healthy alternatives like Cold Pressed Turmeric Shots and Paleo Superbowls; 4th February 2018: – Ireland’s leading convenience retailer Centra registered a new record in 2018 after hitting [...]
Ireland's foodservice market is set to grow by 6.1% this year, according to a new report by Bord Bia - with the industry in line to reach a value of €8.2 billion. Foodservice is any kind of food prepared outside of the home - covering everything from Michelin Star restaurants to vending machines. The report [...]
Global nutrition group Glanbia has confirmed plans to acquire well-known weight-loss and health brand Slim Fast and its associated trademarks in a €350m deal. Glanbia says it intends to continue to operate SlimFast as part of its Performance Nutrition segment. Glanbia plc has signed an agreement with the owners SlimFast and its associated brands, to [...]
Retailing group BWG is to add 45 new Spar and Eurospar stores over the next two years, employing 1,000 staff. Along with franchisees in its Spar/Eurospar store network, it also plans to invest €25 million in store refurbishments. The changes are part of a new strategy for BWG’s Spar network, and its larger-format Eurospar brand. It includes store redesigns [...]
Work has commenced on the brand new Lidl Distribution Centre in Newbridge, Co. Kildare, a year-long project that will see up to 2,000 construction jobs created along with 100 full-time roles on completion. Lidl has commenced work on its new Distribution Centre in Newbridge, Co. Kildare. The €100m, 54,000sq m development will serve Lidl’s network [...]
Retailer Musgrave says it has agreed to acquire Donnybrook Fair for an undisclosed sum. The deal is subject to approval by the Competition and Consumer Protection Commission. The acquisition includes Donnybrook Fair's five food stores in Donnybrook, Stillorgan, Malahide, Greystones and Baggot Street as well as a gourmet food production facility. Donnybrook Fair, currently owned by [...]
Tesco has unveiled its new discount chain called Jack's that aims to tackle the rising threat posed by German rivals Aldi and Lidl. The first store is in a mothballed former Tesco store in Chatteris, Cambridgeshire. Another outlet in Immingham, Lincolnshire also opens on Thursday. Between 10 and 15 stores are planned for new locations, [...]
Coca-Cola is to buy the Costa coffee chain from owner Whitbread in a deal worth £3.9bn. Whitbread had intended to spin off the chain as a separate firm, but said a straight sale was more profitable. Chief executive Alison Brittain said Whitbread would now focus on its Premier Inn business in the UK and Germany. [...]
Irish Distillers, which owns the Jameson Whiskey brand, released full-year financial results this morning. It said Jameson sales rose by 14% in value and 12% in volume terms in the 12 months to June, with the whiskey now in double or triple-digit growth in more than 80 markets across the world. Chairman and Chief Executive [...]
Some of the country's 100 microbreweries could be forced to shut down and lay off employees next week due to a shortage of CO2 gas which is essential to beer production. Patricia Callan of the Alcohol Beverage Federation of Ireland said a Europe-wide shortage of food grade CO2 is now beginning to hit Ireland and it [...]