Top stories in the papers this week 13 – 20 May 2011
IFA calls on Bruton for help following HQ raid; Musgrave and Oliver Carty boost pig farming with 100% Irish deal; Asda sales growth stalls
19 May 2011
1. IFA calls on Bruton for help following HQ raid
The IFA has called on the Minister for Enterprise, Richard Bruton, to progress a Code of Practice for the retail sector, following the Competition Authority (CA) raid carried out on its headquarters in Dublin last Friday. The Irish Independent reports the raid by 16 CA officials and gardaí, questioned staff members and seized records, in order to discover if the farming organisation was involved in price-fixing milk supplies.
2. Musgrave and Oliver Carty boost pig farming with 100% Irish deal
Musgrave and Oliver Carty Ltd have signed a 20-year deal to supply 100% Irish bacon and ham for SuperValu and Centra stores nationwide. The Irish Examiner reports the new deal is being viewed by industry circles as a major boost for Irish pig farming. Musgrave said the deal “underlines our credentials as the only retailer to stock 100% Irish beef, pork, bacon, lamb and chicken, born, bred and reared in Ireland.”
3. Asda sales growth stalls
Asda’s sales growth almost ground to a halt in the first three months of the year, The Guardian reports. The supermarket reported a like-for-like sales increase of 0.1% (excluding January’s VAT rise), compared to a 1.6% rise in the previous quarter, as higher prices and weak consumer confidence combined with the late timing of Easter to drag down revenues. However Asda still performed better than supermarket rivals, Tesco and Sainsbury’s.
4. Appeal lodged against proposed new Tesco
An appeal has been lodged with An Bord Pleanala against the planned Tesco store at Ramstown, Gorey. The Gorey Guardian reports Wexford County Council last month granted planning permission for the 8,242 sq m store. However An Bord Pleanala has since received appeals from RGDATA, as well as Michael Molloy and Coilin Brennan, with the case due to be decided by 23 August next.
5. Limerick Buy Local campaign
A Limerick accountancy and taxation service for small businesses has unveiled a new initiative aimed at promoting a vibrant local economy. The Irish Examiner reports TaxAssist Accountants’ Buy Local Campaign aims to encourage consumers and local businesses to support each other. Over the last few weeks, the group has been supplying local independent businesses with window stickers that entice shoppers to "shop local."
Five years later M&S looks again at Tralee (Kerryman)
Ulster firm confirms purchase of major UK soft drinks producer
– The Belfast-based SHS Group has bought a majority shareholding in Bottlegreen Holdings Limited for an undisclosed figure.
Clonakilty shopping promotion proves ‘fantastic success’ (Southern Star)
City retail incentive scheme gets green light (Irish Examiner)
Adams Foods opens exciting new chapter for IDB operation in UK (Irish Independent)
Extra marks to Kerrygold (Irish Independent)
April weather boosts retail sales (Belfast Telegraph)
IFA is merely facing up to competition (Irish Independent)
Internet spend up 13.5% (Marketing.ie)
Retail Ireland concerned by illegal tobacco smuggling (IBEC)
There’s ample evidence of farming crisis (Belfast Telegraph)
Larry Goodman prepares to up stake in C&D (Irish Independent)