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Emmet Oliver

๐Ÿ‘ค Speaker
317 total appearances

Appearances Over Time

Podcast Appearances

Breakfast Business with Joe Lynam
Tuesday's business news review

Who could the possible buyers be?

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

So like you mentioned, it's been 40% in the last six years, where inflation is somewhere between 7% and 8% in that period.

Breakfast Business with Joe Lynam
Tuesday's business news review

Would a trade buyer emerge or is it more likely to be a private equity place?

Breakfast Business with Joe Lynam
Tuesday's business news review

So teasing that out and good buddy saying it's somewhat unfairly the sales process has been maligned.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

So, you know, certainly that's not picking up the difference there.

Breakfast Business with Joe Lynam
Tuesday's business news review

So we'll have to see how it unfolds.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

If you talk in real numbers, you know, you're seeing about 1,300 increase per employee in the store, which in a convenience store costs about 40,000 a year and in a supermarket is about 130,000 a year.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

So, again, I think, you know, many people would accept that they're not seeing their grocery bills going up quite that much.

Breakfast Business with Joe Lynam
Tuesday's business news review

This is in the UK, of course.

Breakfast Business with Joe Lynam
Tuesday's business news review

It's owned by Heineken UK.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

So, no, we're...

Breakfast Business with Joe Lynam
Tuesday's business news review

So it seems to be going on the back of Guinness sales, which, of course, have also been doing well.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

The difference that's been covered is from the retailer's margin from their bottom line.

Breakfast Business with Joe Lynam
Tuesday's business news review

And splitting the G and all that sort of stuff has been pushing up that particular brand.

Breakfast Business with Joe Lynam
Tuesday's business news review

And finally, over in the Irish Times, they're talking about what's happening with the Dublin Airport Authority.

Breakfast Business with Joe Lynam
Tuesday's business news review

They say the DAA board of the Dublin Airport Authority has told the chief executive, Kenny Jacobs, of its intention to suspend him on full pay in a move that raises the prospect of a possible high court conflict between the two parties.

Breakfast Business with Joe Lynam
Tuesday's business news review

That's a story on the front page of the paper.

Breakfast Business with Joe Lynam
Retail pay has increased 40% since 2020

I will say the retailers will stand over that the labour costs are where the biggest squeeze is coming from.

Breakfast Business with Joe Lynam
Tuesday's business news review

Of course, we'll all know, those who've been paying attention, this has been a backward and forward type of saga for quite a few months, but that's the latest iteration of what's happening there on the front of the Irish Times.