FDBusiness.com

Irish Retailers Relish Run Up to Christmas as Dunnes Takes Top Spot

 Breaking News
  • Deliveroo, Costa Coffee and BrewDog are the UK’s Fastest Growing Brands Deliveroo, Costa Coffee and BrewDog are growing in value faster than any other UK brands, according to the 2019 BrandZ™ Top 75 Most Valuable UK Brands, announced by WPP and Kantar. Vodafone remains the UK’s most valuable brand, worth US$26.5 billion (£21.5 billion), followed by HSBC and Shell. Deliveroo, at no.50 after increasing its value 54% [...]...
  • Arla Foods Ingredients Obtains GRAS Approval For Alpha-lactalbumin in Infant Formula Arla Foods Ingredients has obtained Generally Recognized as Safe (GRAS) approval relating to its use of alpha-lactalbumin in infant formula. The US Food & Drug Administration (FDA) issued the company with a GRAS Notice known as a ‘no objection letter’. It states that it has no questions regarding the safety of fractionated whey protein concentrate [...]...
  • Java Republic is ‘Beverage Company of the Year 2019’ in Ireland Java Republic won the award of Beverage Company of the Year at the recent 2019 Food & Drink Business Awards. These prestigious awards celebrate the very best in food and drink manufacturing, retail, and food service across the island of Ireland. The Awards recognise the very best in the industry across 18 categories. For Java Republic winning Beverage [...]...
  • First Half Profits Fall at Bakkavor Group Bakkavor Group, the leading provider of fresh prepared food in the UK with a growing international presence in the US and China, has reported a sharp fall in operating profit to £29.3 million for the 26-week period ended 29 June 2019, compared to £54.1 million in the prior period. Group revenue was up 1.4% at [...]...
  • Norwegian Salmon Ranked Most Sustainable Among World’s Largest Protein Producers Norwegian aquaculture companies hold four out of the top 10 spots in the 2019 Coller FAIRR Protein Index, ranking 60 of the world’s largest publicly-listed protein producers on how they perform on sustainability. The Index looked at how the world’s largest producers of meat, dairy and seafood performs on various risk factors relating to sustainability. The [...]...

Irish Retailers Relish Run Up to Christmas as Dunnes Takes Top Spot

Irish Retailers Relish Run Up to Christmas as Dunnes Takes Top Spot
December 18
10:27 2018
Dunnes Stores has claimed pole position as Ireland’s leading retailer for the third consecutive period, boasting a market share of 22.4% in the 12 weeks to 2 December 2018.  The latest grocery market figures from Kantar Worldpanel show the retailer registered sales growth of 3.4% on last year.

Dunnes held on to top spot despite stiff competition from SuperValu, which saw sales growth of 1.3% solidify its position as Ireland’s second largest retailer, with an overall share of 21.7%. Tesco’s slightly more modest growth of 0.3% means it remains in third place, with the retailer now accounting for 21.6% of the market.

Douglas Faughnan, consumer insight director at Kantar Worldpanel, comments: “Promotions continue to play an important role among the traditional retailers as they try to attract new shoppers and encourage customers to spend more in store.  SuperValu has performed strongest here, with the average value of a trip to the retailer increasing by €1.56 to €24.20 this period.  As preparations for Christmas accelerate during December that figure is only likely to rise.

Douglas Faughnan, consumer insight director at Kantar Worldpanel.

“However, Dunnes’ long-running vouchering program means shoppers spend significantly more on each trip there than at any other retailer.  Dunnes’ average spend per trip of €42.60 is one of the main reasons the retailer has retained the number one spot this period.”

Elsewhere among the retailers, Aldi and Lidl were the strongest performers for the second consecutive period.  While the two traditionally rely on sales of private label products, both have made a clear effort to attract more shoppers by diversifying and increasing their branded ranges.  Brands now account for 12.1% of overall sales at Lidl and 9.2% of sales at Aldi, up from 11.0% and 6.8% respectively in 2017.

Overall, the grocery market grew by 2.9% in the latest 12 weeks.  This represents the strongest performance since the 3.1% growth rate recorded in July during one of the hottest summers on record.  With December typically being the most lucrative month of the year for the grocery market, this year looks as if it could set a new benchmark.  Last December generated €968.2 million for retailers, and all the signs so far indicate that this year Irish households will break the €1 billion threshold for the first time.

Douglas Faughnan continues: “The summer heatwave provided the grocery market with a solid platform for what could be a bumper festive period.  With Christmas Day falling on a Tuesday this year, this gives retailers one full extra day of trading to look forward to.  As the 25 December fell on a Monday last year, Friday and Saturday were the two biggest trading days for the major grocers.  However, with the big day coming on Tuesday this time around, we expect most households to do the bulk of their Christmas grocery shopping on the Saturday and Sunday – with extra sales on the Monday representing a welcome Christmas bonus for retailers.”

Total Take Home Grocery – Consumer Spend 12 weeks to 3 December 2017 12 weeks to 2 December 2018 % Change in Value Sales
%* %* %
Total Outlets 100.0% 100.0% 2.9%
Total Multiples 88.8% 88.5% 2.6%
Dunnes 22.3% 22.4% 3.4%
Tesco 22.2% 21.6% 0.3%
SuperValu 22.1% 21.7% 1.3%
Lidl 11.1% 11.3% 4.1%
Aldi 11.1% 11.6% 7.0%
Other Outlets 11.2% 11.5% 5.4%

*Percentage share of Total Grocers

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements