DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5

Coronavirus – Retail & FMCG Updates From Ireland

By Steve Wynne-Jones
Share this article
Coronavirus – Retail & FMCG Updates From Ireland

As part of our efforts to keep you, the ESM reader, notified on the latest coronavirus-related developments in the retail and consumer goods sectors, here are the latest news updates from Ireland. Click the link in each snippet to view the full story. To return to the map, click here.

Irish retail sales rose 3.5% year-on-year in June, the first annual increase since the coronavirus lockdown, as pent-up demand led to large increases in many categories, even as parts of the economy remained closed.


Take-home grocery sales in Ireland saw its fastest rate of growth in the past fifteen years, increasing by 25.4% in the latest 12-week period ended 17 May, according to the latest data from Kantar.


C&C Group has reallocated and redeployed resources to meet what it said is a 'significant increase in demand' through the off-trade channel since the coronavirus epidemic hit.


South Africa's Spar Group has said that both its domestic and Europe-based operations have been hit hard by the coronavirus pandemic, saying that it expects the remainder of the year to be 'extremely challenging' in all retail markets.

ADVERTISEMENT

Kerry Group is reducing its headcount in Brazil as a response to changes in the marketplace caused by the outbreak of the novel coronavirus, three union leaders told Reuters.


Forecourt retailer Applegreen has said that its core estate in Ireland, the UK and the US is 'performing ahead of original assumptions at the outset of the [COVID-19] pandemic', with the group expecting to be cash positive from June onwards.


Sales of take-home groceries in Ireland increased by 17.2% in the 12 weeks to 19 April, according to the latest data from Kantar.


C&C Group is taking a "highly proactive" approach in preparing for the current lockdown environment, a leading industry analyst has said.

ADVERTISEMENT

Tesco Ireland has announced that it has expanded its ‘Click & Collect’ services in ten locations in the country to help customers during the COVID-19 pandemic.


Irish consumer sentiment suffered its largest monthly drop on record in April, a survey showed, demonstrating the scale and speed of the economic collapse unleashed by the coronavirus pandemic.


Packaging giant Smurfit Kappa has introduced a range of products under its ‘Design for Help’ portfolio to help in addressing challenges posed by the COVID-19 pandemic.


Total Produce chief executive Rory Byrne has praised the "dedication, determination, stoicism and [...] ingenuity" of the fresh produce firm's colleagues around the world, in the face of the growing coronavirus epidemic.

ADVERTISEMENT

Tesco Ireland has notified the BPFI (Banking & Payments Federation Ireland) that it will not be able to increase the upper limit for contactless transactions from €30 to €50 from 1 April.


Irish food ingredients multinational Kerry Group has warned its revenue in China was likely to be down 30% in the first three months of the year due to the coronavirus outbreak.


A leading retail analyst has said that regulators should step in to protect the financial security of food firms, after Greencore's share price took a hit following the firm's latest trading update.


Convenience foods firm Greencore has reported a 'marked reduction' in demand for its food to go categories in the UK, since the British government escalated measures to combat the coronavirus outbreak on 24 March.

ADVERTISEMENT

A leading industry analyst has said that Total Produce is "well-positioned" to navigate through the coronavirus crisis, due to its strong financial standing and retail exposure.


Swiss-Irish bakery giant Aryzta has announced that COVID-19 will have a material impact on group performance in its financial year 2020.


Shoppers in Ireland bought approximately €316 million worth of groceries in the week ended 8 March 2020, new data from Nielsen has revealed.


Convenience foods manufacturer Greencore Group has said that trading for the first five months of the year has been 'broadly in line with expectations', as the business steps up its efforts to meet increased demand due to the coronavirus.

© 2020 European Supermarket Magazine – your source for the latest retail news. Click subscribe to sign up to ESM: European Supermarket Magazine.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.