Top stories in the papers this week 26 June – 2 July 2012
Tesco workers vote overwhelmingly to accept 2% pay increase; More retailers deliver online to Ireland; Tesco Banbridge store legal challenge is dropped by NIIRTA
Print2 July 2012
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1. Tesco workers vote overwhelmingly to accept 2% pay increase
The Mandate Trade Union has announced that its members in Tesco have voted overwhelmingly to accept a 2% pay increase from 1 January 2013. Mandate.ie reports this is the first pay increase that Tesco’s 13,000 staff will have received in over four years and they have been balloted on it over recent weeks. The workers’ votes from across the country showed that 79% voted in favour of the proposal and 21% against.
2. More retailers deliver online to Ireland
A new study has shown that the number of global retailers that can deliver goods purchased online to Irish consumers has doubled in the past 12 months. The Irish Times reports that Ireland is now the fifth most developed online market globally, according to the research by real estate adviser CBRE. Around 43% of the 326 global retailers surveyed said they deliver goods bought online to Irish consumers compared to 24% in 2011.
3. Tesco Banbridge store legal challenge is dropped by NIIRTA
The Northern Ireland Independent Retail Traders Association (NIIRTA) has dropped its legal bid to stop Tesco from opening a new store on the outskirts of Banbridge, Co Down. BBC News reports NIIRTA had previously secured a judicial review of Stormont’s decision to grant planning permission, yet has since decided to abandon its case, stating that "legal and retail landscapes have changed since the proceedings were initiated last year".
4. Greencore acquires second US food company in 10 weeks
Greencore has announced its second US acquisition in less than 10 weeks; that of fresh-food manufacturer Schau. The Irish Times reports the acquisition of the company, which has facilities in Chicago and in Jacksonville in Florida, will help to facilitate a separate new US deal, which will see Greencore supply approximately $50 million of food-to-go products to a new unnamed customer on the US east coast and in the midwest.
5. ‘Sick cert’ culture must be investigated: ISME
ISME has said the issuing of "sick certs" must become the subject of an investigation. According to The Irish Examiner, the association maintains certs are commonly issued to "under-serving" employees at great cost to businesses and the State. ISME chief executive Mark Fielding said legal issues put doctors in a difficult position, and that "many GPs are afraid they’ll be sued if they don’t give a cert".
Also:
Wine excise up 5.5% in 2011 (Drinks Industry Ireland)
Glencore shares down almost 4% (Irish Examiner)
Eason turns a page with €20m plan for growth (Irish Times)
Five firms fail per day, but 104 created (Irish Independent)
Shoppers look for value at home as fuel price and euro hit Border (Irish Independent)
Supermarkets to slash fuel prices (Belfast Telegraph)
Letterkenny retailers already seeing a ‘sterling’ success (Donegal Daily)
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