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Sep 3 2010

News & Insight : The week in grocery

Top stories in the papers this week 27 August – 3 September 2010

Over 50 retail businesses were found to have breached consumer legislation in the first half of the year, according to the NCA. The Irish Times reports 20 compliance notices were issued to businesses who charged customers more than the price displayed, including  Dunnes Store in Henry Street, Dublin, Lidl in Finglas and Tesco in Kilcoole, Co Wicklow, and Wicklow town. Another 32 traders were fined €300 each for breaches of pricing legislation, particularly the requirement to display prices.

Consumer spending has fallen for the third month in a row,  new CSO figures reveal. The Irish Independent reports the overall volumes of goods purchased  fell 1% compared with June. When car sales are stripped out, the value of goods dropped 0.6% compared with the previous month. However  the cars, fuel and food business sectors recorded growth,  while the biggest drops occurred in bars, department stores and pharmaceutical and cosmetic firms.more >


The week in grocery

The week in grocery

The week in grocery

The week in grocery

Irish market leads decline as Musgrave profits fall 7%; XL goes from small to supersized in cut-price shopping; Decline in consumer spend on food ends Big retailers oppose grocery code; Dunnes breaks long ties with accountancy firm; Lidl supermarket stops selling Israeli potatoes Musgrave has €190m revenue in Spain; Retailers call for dedicated cigarette taskforce; Third of requests to cut rent rejected Moy Park in £26m deal to buy key rival; M&S wary of planned UK budget cuts as profits rise by 4.6%; Council doubles parking time for motorists in Limerick city
more > more > more > more >

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