FDBusiness.com

Families Feel the Heat and Make Further Cut Backs Across Ireland

 Breaking News
  • Ardgowan Unveils Plans For Inverclyde Distillery Ardgowan Distillery has revealed ambitious designs for its new £12 million distillery which is being built on the Ardgowan Estate near Inverkip, 30 miles west of Glasgow. The plans showcase the flagship building which has just secured revised planning consent from Inverclyde Council. The striking new design, by Michael Laird Architects, brings a number of improvements [...]...
  • HKScan Launches Exports of Finnish Poultry Products to Sweden HKScan, the Nordic food and meat group, has started exporting Finnish poultry products to Sweden. They will initially be sold through the largest retailer ICA’s outlets under the Karinäs®(Kariniemen®) brand. The launch gives Swedish consumers access to a new innovation: high welfare farm-born poultry that is hatched on the farm where it is raised. This new concept is [...]...
  • Almonds Retain Top Spot For Nut Introductions in Europe According to Innova Market Research’s latest Global New Product Introductions Report, almonds retain the number one spot for nut introductions in Europe. With a 47% share of global almond product introductions, the region leads globally for the eleventh year running. Europe as a whole saw a total of 5,017 new introductions with almonds – a [...]...
  • Arla Foods UK Launches New Standards Model to Bring Sustainable Change to Dairy Farming With ongoing volatility in the global milk markets, increasing consumer misunderstanding of the sector, polarised levels of support for UK dairy farmers and a new post-Brexit Agriculture Bill the challenges for dairy farmers are mounting. Farmer-owned co-operative Arla Foods has launched ‘Arla UK 360’ – a new standard in UK dairy farming. The Arla UK 360 [...]...
  • €172 Million to Promote EU Agri-food Products In and Outside the EU The European Commission will provide funding of €172.5 million from the EU agricultural budget to promote EU agri-food products in Europe and across the world. 79 campaigns, covering a wide range of products such as dairy products, olives and olive oil, and fruit and vegetables, will be rolled out over the next three years. Agriculture and [...]...

Families Feel the Heat and Make Further Cut Backs Across Ireland

Families Feel the Heat and Make Further Cut Backs Across Ireland
July 26
11:37 2013

The latest supermarket share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 7 July, show shoppers with children are coming under intense pressure with families spending less on their weekly shops and switching to value stores.

Mark Thomson, director at Kantar Worldpanel, explains: “Although inflation is stabilising, price increases are nearly double the rate they were this time last year. Consumers are responding by cutting back with families spending, on average over this year, €67 less than they did in 2012. As a result, we have seen the overall market decline by 0.2%.”

For the retailers, it is a testing period. Aldi, Lidl and SuperValu are the only retailers to increase market share, growing to 7.0%, 7.4% and 19.5% respectively.

Mark Thomson continues: “The discounters continue to benefit from shoppers who are looking to actively manage their grocery spend. If this performance carries on for the rest of the year, Aldi and Lidl’s combined share of the Irish market will hit 15% by December. The other retailers face a range of opportunities. Dunnes needs to concentrate on retaining its family customers, while Tesco and SuperValu must encourage existing family shoppers to spend more in store.”

Tesco’s share of 27.6% is in line with its 2011 performance, but a drop from the 28.8% recorded in 2012. Dunnes’ share now stands at 21.5%, down from 22.2% last year and Superquinn has held share at 5.4%.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 21, 2018Int'l Food Products Exhibition (Sial)
  • October 25, 2018Italian Espresso Coffee Show (TriestEspresso Expo)
  • October 25, 2018Finnish Food Fair
  • October 31, 2018Int'l exhibition for food products and equipment (Indagra Food)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements