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Top stories in the papers this week 10 – 16 April 2012

Retailers fear loss of income when Lotto goes private; 38 million contraband cigarettes seized in Dublin; M&J Gleeson revenue rose 16% last year

Apr 16 2012

1. Retailers fear loss of income when Lotto goes private

Shopkeepers fear they will lose out when the lottery is privatised later this year. The Irish Independent reports Public Expenditure Minister Brendan Howlin is refusing to guarantee retailers will receive their current 6% margin on ticket sales. However, he has agreed to meet the retailers' representative group RGDATA before legislation on a new licence is finalised. Invitations for tender for the new licence are expected in August. 

2. 38 million contraband cigarettes seized in Dublin

Over 38 million contraband cigarettes worth almost €15m have been seized by Customs officials. Breakingnews.ie reports that the largest haul in Europe so far this year, was discovered in four 40ft maritime containers imported into Dublin Port. Revenue officials believe the haul represented a potential loss to the Exchequer of €13.1m. The cigarettes’ containers were selected for X-ray scan based on risk profiling by Customs officers. 

3. M&J Gleeson revenue rose 16% last year

Revenue at M&J Gleeson, the manufacturer of Tipperary mineral water and Finches soft drinks, increased by 16% to €261 million during its 2011 financial year. The Irish Times reports that according to accounts for the year to 30 June 2011, pre-tax profits rose by 6.4% to €5.3 million. The paper states Gleeson’s rise in revenue may reflect the acquisition of Gilbeys Wines during the financial year.

4. Study finds 20% of UK supermarket chickens contaminated

One in five supermarket chickens is contaminated with the food poisoning bacteria campylobacter, an investigation in Britain has found. Breakingnews.ie reports the study of chicken samples from nine supermarkets by the Which? consumer group found 18% were contaminated with campylobacter and 17% were contaminated with listeria, with 4% containing levels of the latter classed as “high” by the Food Standards Agency (FSA). 

5. Court rejects claim by Tesco workers

The Labour Court has rejected a claim by 80 Tesco workers in Ballinasloe that they should receive up to €1,400 each for relocating to a new Tesco supermarket about one mile away in Galway. The Irish Times reports that as a gesture of goodwill, Tesco had offered a once-off lump sum payment of €1,600 to the staff social fund. The Labour Court recommended that Tesco should increase this to €2,000 for the social fund.

Also:

Ex-Tesco executive appears before court on fraud charge

Londis creative account out to pitch (Adworld)

Retailer served with strike notice (Irish Examiner) 

Drinks giants team up to head off ad regulation (Independent, UK) 

Ageism is back as unemployed over-50s struggle to get back into work (Guardian, UK) 

Tesco tears up plans for new superstores (Independent, UK)

Row grows over cigarette packaging (Newsletter)

Council urged to halt further retail developments in Shannon town centre (Irish Examiner)

Weak sales highlight size of task facing incoming Carrefour chief (Irish Examiner) 

Tesco puts creative account out to pitch (Adworld)

Cornish MPs could form alliance to stop 'pasty tax' (Guardian, UK)

A €14m reminder of a deadly killer (Irish Examiner)

Alcohol industry in fight for bottom line (Irish Examiner)

For Tesco, the focus is no longer on how much it earns but how much it spends (Guardian, UK)

US gourmet deal for champion baker Robert Ditty (Newsletter)

‘Black economy poses threat to 250,000 retail jobs’ (Irish Examiner)

Tesco tussle over Saxmundham store keeps supermarkets in spotlight (Guardian, UK)

 


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