Welcome to our weekly Bord Bia Ireland Market Foodservice Newsletter.
A reminder that although we were not in a position to host our annual Bloom Trade Breakfast in the Phoenix Park last weekend, we have created a 2020 Bloom Exhibitor ‘Flip Book’ with profiles of over 150 food and drink producers. Producers that would (under normal circumstances) be exhibiting in the Food Market, Bloom Inn, Fresh Produce Market and Love Irish Food Marquee.
Click here to browse through the e-pages.
General Industry News
Irish manufacturing activity deteriorating
Business Post – 03.06.2020
Irish manufacturing activity deteriorated further last month, according to new figures. The AIB Manufacturing Purchasing Managers' Index (PMI) for May shows that although many indicators recovered some of the ground lost in April's collapse, they still signaled rapid falls. The PMI rose from April’s 11-year low of 36.0 to 39.2 in May. The latest figure was the eighth lowest on record, falling far short of March’s 45.1.
Exchequer returns reveal €6bn deficit in May
RTE Business – 03.06.2020
Exchequer figures for May show an overall deficit in the public finances of €6.143bn. This compares with a deficit of €63m in the same month last year. Tax revenues were up were up 1.3 per cent, or €78 million as an unexpected increase in the amount of corporation tax collected offset sharp declines across all other tax heads. Spending was ahead of where it was planned to be by 19% or €4.175bn. The main areas of extra expenditure were in the Departments of Health as well as Employment Affairs and Social Protection. Corporation tax came in €1.224bn ahead of last year. The Department of Finance puts this down to increased levels of profitability in some companies. The Department also notes that the 35.4% decline in VAT collection, while high, was less than projected. The falloff in income tax was also less than forecast.
Quick Service Restaurant (QSR) & Pub Sector
Hangover for the drinks sector as pint sales go flat
The Irish Times – 02.06.2020
Some 24 million fewer pints of beer and cider were sold in the Republic in April compared with the same month last year as the Government’s lockdown caused pubs to remain shut. In the State’s first full month in lockdown, sales of alcohol plummeted and a rise in off-trade sales failed to make up for the decline due to the nationwide shutdown of pubs. Total sales fell 35.6 per cent in April compared with the same month last year, according to figures from data company Nielsen released by lobby group Drinks Ireland. There was a 58 per cent increase in the volume of beer and cider sold in the off-trade but overall sales were down 36 per cent due because virtually no sales were made in licensed venues. Drinks Ireland estimates that usually about 60 per cent of beer and cider sales are made in licensed venues.
Guinness partners with anyExcuse to launch online tools to help hospitality businesses with health and safety
Hospitality Ireland– 02.06.2020
Guinness has announced that it has partnered with anyExcuse to provide user-friendly health and safety tools to the wider hospitality industry across the island of Ireland free of charge for a six-month period. AnyExcuse is an online platform that connects the hospitality trade and brands with consumers. AnyExcuse CEO Padraig Shanley stated, "As an Irish tech company in the hospitality industry, anyExcuse has been working hard to develop a solution for trade partners who must reconsider operations and logistics in their outlets. "We see the future as a cashless one, with mobile table service being an integral part of the socialising experience. Bars and restaurants that introduce mobile table service will provide consumers with the ability to order from their table and will also limit interaction for both them and staff. Venues will also be able to facilitate social distancing and provide a safer workplace for staff."
Hotel & Restaurant Sector
‘Jump’ in hotel enquiries after North confirms July reopening
The Irish Times – 02.06.2020
A major hotel operator has reported “a jump” in enquiries following confirmation by Northern Ireland’s Minister for the Economy Diane Dodds that the industry can reopen its doors from July 20th. Howard Hastings, Managing Director of Hastings Hotels, which has a 50 per cent stake in the Merrion Hotel in Dublin and owns seven hotels in total, said the company would now move to draw tourists from the Republic to the North. “People on the island of Ireland spend £4 billion (€4.5bn) annually on overseas summer holidays and we are delighted to have the opportunity that now exists to persuade them to try somewhere new, at home,” he said. “Surveys suggest that there are 2.5 million people in the Republic of Ireland who have never spent a night in Northern Ireland. We will be working with Tourism Northern Ireland to persuade these people to visit for the first time, and to persuade others to return.
The Montenotte Hotel supports local heroes
Hotel and Catering Review - 02.06.2020
Afternoon Tea has always been a popular treat at The Montenotte Hotel. With the current restrictions, the hotel has created another way for customers to enjoy their Pure Cork themed Afternoon Tea, this time from the comfort of their homes. The #PureCork menu has been designed to lavishly treat two people, featuring sweet and savoury treats and an elegant dessert selection on a three-tiered carryout box. Each stand sale will also include a donation of €5 to the #OurHospitalHeroes campaign.
Casusal Dining & Contract Catering Sectors
Carluccio's Ireland to get liquidator
Hospitality Ireland - 29.05.2020
The Irish business of restaurant chain Carluccio's is expected to get a liquidator in June. Carluccio's entered administration earlier this year, but has since been rescued in the UK by food magnate Ranjit Singh Boparan, who purchased the restaurant chain in Britain from administrator FRP Advisory last week. Carluccio's Ireland, which operates restaurants on Dublin's Dawson Street and on the Glasthule Road just outside of the capital in Dún Laoghaire, has called a creditors' meeting for June 10. According to The Irish Times, British newspapers reported that the Dawson Street Carluccio's venue was one of 31 outlets that the chain's new owners intended to keep open, while another 40 outlets will close. It is understood by The Irish Times that Carluccio's plans to propose appointing accountant Jim McStay of Dublin firm McStay Luby as liquidator. The chosen liquidator will be officially appointed at the June 10 creditors' meeting.
Compass acquires tech start-up Feedr as it introduces mobile ordering and pre-payment
The Caterer - 26.05.2020
Compass Group UK and Ireland has acquired technology start-up Feedr in a move to accelerate its digital transformation, with mobile ordering and pre-payment to be introduced across workplaces. The deal, which was completed in March, will play a key role in reshaping Compass' 'return to work' strategy, increasing flexibility for consumers and facilitating social distancing. The Feedr app also allows users to track their food intake, helping them make healthier choices and giving them a better picture of nutrition. Robin Mills, Managing Director of Compass UK and Ireland, said: "Compass is eager to embrace the potential of technology to improve the way we serve our clients and customers, and to help people make healthier choices. "Feedr is a leader in its field and we will ensure Compass is the partner of choice for any business wanting a personalised food offer for its employees. Feedr will provide the agility we need to meet the changing needs of workplace dining as we emerge from lockdown and adjust to a new normal."