FDBusiness.com

SuperValu Still on Top as Irish Supermarket Growth Continues

 Breaking News
  • UK Not Ready For Brexit’s Impact on Food The UK is unprepared for the most complex ever change to its food system, which will be required before Brexit, according to a new briefing paper published by SPRU, the Science Policy Research Unit at the University of Sussex. The report, by leading food policy specialists Professor Erik Millstone (University of Sussex), Professor Tim Lang [...]...
  • McCormick Strengthens Flavour Leadership With $4.2 Billion Acquisition McCormick & Company, the US-based ingredients producer, is acquiring the food business of Reckitt Benckiser Group, the consumer health and hygiene company, for $4.2 billion. Reckitt Benckiser’s food business, which incorporates Frank’s RedHot Hot Sauce, French’s Mustard and other iconic, market-leading products, will strengthen McCormick’s leadership in the attractive condiments category in the US. Operating facilities [...]...
  • Givaudan to Acquire Vika Givaudan, the global leader in flavours and fragrances, is acquiring Vika to strengthen its portfolio of natural dairy solutions. Vika offers a range of natural dairy ingredients, fonds and stocks, as well as meat and plant based extracts to customers in the food and beverage industry. With headquarters in the Netherlands, Vika also has facilities [...]...
  • EFSA Reviews Safety of Glutamates Added to Food EFSA has established a safe intake level for glutamic acid and glutamates used as food additives after re-evaluating their safety. The Authority also concluded that estimated dietary exposure to glutamic acid and glutamates may exceed not only the safe level but also doses associated with adverse effects in humans for some population groups. On this [...]...
  • The Journey Towards Industry 4.0 Hartmut Pütz, President Factory Automation EMEA at Mitsubishi Electric Europe, talks about the digital transformation of industry. He focuses on the effects on manufacturing businesses, especially at a production level, and how customers will benefit from innovative Mitsubishi Electric solutions. Manufacturing industry is currently undergoing a period of rapid change. In concrete terms this can be [...]...
  • Baltika Breweries Expands its Reach to the Democratic Republic of the Congo Baltika Breweries, part of the Carlsberg Group, has celebrated its 10th anniversary of supplies to Africa by launching exports to the Democratic Republic of the Congo. The first brand of the company to be available on the market will be a non-alcoholic malt drink Baltika 0 Grain. The Democratic Republic of the Congo is the second [...]...

SuperValu Still on Top as Irish Supermarket Growth Continues

SuperValu Still on Top as Irish Supermarket Growth Continues
July 05
09:30 2017

The latest grocery market share figures from Kantar Worldpanel in Ireland, published for the 12 weeks ending 18 June 2017, show the highest market growth since January 2017.  The latest figures reflect the impact of Easter on consumers and retailers alike, with the holiday falling outside of the comparable time period in 2016. Price deflation, which has held steady at -0.2%, has been offset by an increase in overall volume sales of 4.6%.

Cora Campbell, consumer insight director at Kantar Worldpanel, explains: “The grocery sector grew by €80 million over the past 12 weeks – that’s a 3.5% increase on the year before.  While average pack prices are down, shoppers are choosing to take advantage of this recent period of deflation by adding more items to their baskets per trip, driving the market’s overall growth. 

Cora Campbell, consumer insight director at Kantar Worldpanel.

“In the face of continuing competition the major retailers’ investment in developing and improving their own brand lines is paying off.  Overall sales of private label goods are up by 4.2% and they now account for 54% of grocery spend – the highest proportion since March this year.”

Among the retailers, SuperValu’s lead over Tesco has narrowed to 0.2 percentage points. Cora Campbell elaborates: “On average SuperValu’s shoppers are spending an extra €0.60 each time they shop with the retailer and while this may not seem like much, it’s been enough to contribute to an increase in overall sales of 2.5%. SuperValu can’t remain complacent.  Second place retailer Tesco is growing ahead of the market, at 3.8%, and has closed the gap in share between itself and SuperValu to just 0.2 percentage points.  With the battle for the top spot hotly contested over recent years and only 0.7 percentage points separating the top three retailers, there can’t be any guarantees that you’ll stay in position.”

Despite a drop in shopper numbers Dunnes Stores remains the strongest growing retailer, increasing value sales by 4.5%.  Existing customers are shopping more often and spending an additional 10% on average while they’re at it, increasing their average spend in the retailer by €44.50 in the latest 12 week period. 

Cora Campbell continues: “Lidl and Aldi have both enjoyed a strong performance over the past 12 weeks, holding market share at 11.7% and 11.2% respectively.  Lidl’s growth accelerated to 3.3% while Aldi was just ahead at 3.7%.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • No upcoming events
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements