Welcome to the June edition of Bord Bia's Ireland Market Foodservice Newsletter.
A final reminder that our Irish FS industry White Paper webinar is taking place on Thursday, 17th June from 2-3PM.
We will be presenting findings from our mid-year foodservice research interviews, confirming forecast growth rates for 2021 and estimates for 2022. We will also be outlining key shifts within the foodservice landscape and examining the likely affect of these changes on suppliers.
For more information and to register your attendance at the webinar, visit our website HERE.
General Industry News
Irish economy poised for ‘strong recovery’ with growth of 4.2% this year
Irish Times – 31.05.2021
Despite stringent measures introduced early in the year due to the Covid-19 crisis, the Irish economy is set to grow by 4.2 per cent in 2021. It will rise by 5.1 per cent in 2022 on the back of pent-up consumer spending, according to the OECD. The Organisation for Economic Cooperation and Development had forecast 3 per cent growth this year in a forecast published in late December. The global economy is now set to grow 5.8 per cent this year and 4.4 per cent next year, the OECD said, raising its estimates from 5.6 per cent and 4 per cent respectively in its last forecasts released in March.
Businesses plan for office reopening within 3 months
Business Post – 18.05.2021
The majority of businesses plan to return to the office in the coming three months, according to a report by Ibec. More than three quarters of businesses responded saying they will return to workplaces if government guidelines allow, the employers group found. Hybrid working models will be used by four out of every five companies surveyed.
Quick Service Restaurant (QSR) & Pub Sector
Domino’s Pizza to add 350 jobs after soaring sales in lockdown
Independent.ie – 24.05.2021
Pizza maker Domino’s is to add 350 new jobs across Ireland after takeaway sales soared during lockdown. The company is hiring managers, team members and contract drivers to boost its current staff of 2,000 across its 85 Irish stores. “Creating 350 new roles will help ensure we keep serving our local communities safely as they do their jobs, often late into the night,” said Scott Bush, Domino’s Pizza Group Ireland CEO.
Government looking at extra supports for wet pubs
RTÉ Business – 21.05.2021
The Minister for Tourism has indicated that the Government is examining introducing additional supports for pubs which do not serve food and who want to serve customers outside. In March, the Government announced a €17m scheme that would provide grants of up to €4,000 to hotels, cafes, restaurants and attractions where food is sold, to help them prepare premises for serving outdoors. However, so-called wet pubs expressed disappointment that they were not going to be eligible for the scheme as they do not serve food.
Hotel & Restaurant Sector
Hotel booking levels rise to 31% for July – IHF
RTÉ Business – 20.05.2021
Hotel and guesthouse owners have reported an increase in bookings which followed the Government's recent announcement that hotels will re-open on June 2. The latest industry survey from the Irish Hotels Federation (IHF) shows booking levels nationally now average 31% for July and 27% for August – the key summer months. This compares to levels of 23% and 21% respectively just ahead of the announcement. Ms Fitzgerald Kane said hotels require a clear commitment from the Government to retain the tourism VAT rate. The IHF also called for a firm commitment from government on business and employment supports for the sector into 2022.
Restaurants struggle to fill staff vacancies ahead of reopening
Irish Times – 16.05.2021
After months of shutdown it should be a time of optimism for restaurants and hospitality outlets as reopening approaches. But many in the sector say they now face a new problem of staff shortages and difficulties rehiring. Despite safety protocols applied by venues, hiring difficulties persist due to a range of factors, owners say, including fears over the possibility of future lockdowns, staff leaving the sector for other jobs or to move abroad, and the persistently high cost of living. Nisheeth Tak, owner of Indian restaurant Rasam, said he has “never had problems hiring to this extent” in the 18 years his restaurant has been open in Glasthule, Dublin.
Casual Dining & Contract Catering Sector
Nando's announces it will become carbon neutral across its scope one, two and three emissions this year
Hospitality Ireland – 28.05.2021
Nando's stated, "As Nando's fires up its grills to welcome customers in the Republic of Ireland back into its restaurants, it is proud to announce that it will become carbon neutral across its scope one, two and three emissions by [November] 2021 on its roadmap to becoming Net Zero by 2030 - a major new commitment ahead of the UN's COP26 Summit, which takes place in Glasgow. "This announcement builds on the company's existing science-based targets, which will see it reduce the carbon footprint of the average Nando's meal by almost 50% by 2030. This is over and above the 40% reduction which has already been achieved since 2015.
Press Up delivery deal with Gigable
Business Post – 28.05.2021
Gigable, the Irish company that connects freelance delivery drivers to restaurants, has announced a deal with Press Up hospitality group. Gigable, which operates in 12 cities and has 2,000 delivery drivers on its platform, will begin delivering food for Press Up brands such as Elephant & Castle and Wowburger. Gigable said it is to begin paying sick and injury pay for drivers, as well as cost effective access to private health cover, GP and mental health services.