Emmet Oliver
๐ค SpeakerAppearances Over Time
Podcast Appearances
Who's out there?
Who could the possible buyers be?
So like you mentioned, it's been 40% in the last six years, where inflation is somewhere between 7% and 8% in that period.
Would a trade buyer emerge or is it more likely to be a private equity place?
So teasing that out and good buddy saying it's somewhat unfairly the sales process has been maligned.
So, you know, certainly that's not picking up the difference there.
So we'll have to see how it unfolds.
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.
So, again, I think, you know, many people would accept that they're not seeing their grocery bills going up quite that much.
This is in the UK, of course.
It's owned by Heineken UK.
So, no, we're...
So it seems to be going on the back of Guinness sales, which, of course, have also been doing well.
The difference that's been covered is from the retailer's margin from their bottom line.
And splitting the G and all that sort of stuff has been pushing up that particular brand.
And finally, over in the Irish Times, they're talking about what's happening with the Dublin Airport Authority.
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.
That's a story on the front page of the paper.
I will say the retailers will stand over that the labour costs are where the biggest squeeze is coming from.
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.