Industry & Business

Dunnes Reclaims Top Spot in Irish Grocery Market

 Breaking News
  • Bluedrop Medical Raises €3.7 Million Investment HBAN has announced that Bluedrop Medical, a Galway-based Medical device start-up, has secured €3.7 million in funding to help manage one of the most devastating complications of diabetes – the diabetic foot. An initial seed investment of €1.2 million was led by HBAN’s MedTech Syndicate – which itself invested €340,000 in the seed round. Enterprise Ireland [...]...
  • NTR and Nord/LB Close Two Further Project Financings For a Combined €45 million NTR has successfully closed two project debt facilities back-to-back in recent weeks with Nord/LB  for a combined €45 million. The debt facilities are being used to finance the construction of two wind farms in the Republic of Ireland, both of which are expected to be fully constructed by the end of 2019 in time for awarding of the Irish government REFIT [...]...
  • Huckletree Announces European FinTech Hub in Dublin 4 Huckletree, the pan-European co-working space operator and accelerator, has announced it will open Ireland’s first fintech co-working hub in Dublin, establishing a European Fintech Hub similar to Barclays RISE, Level39 London and Lhoft Luxembourg. Located in The Oval, Ballsbridge, Dublin 4, the ambition for the fully equipped 23,500 sq ft space is to be a leading [...]...
  • Rye River Brewing Company Crowned the World’s Most Decorated Independent Craft Brewery Irish craft beer brewery, Rye River Brewing Company, has been crowned the world’s most decorated independent craft brewery at the World Beer Awards 2019. Rye River Brewing Company has achieved critical acclaim on the world stage, winning an unprecedented 21 World Beer Awards in 2019, officially making it the “World’s most decorated independent craft brewery”. The Celbridge-based brewery [...]...
  • Health Plan Technology Company Chooses Northern Ireland For New Software Engineering Centre American company HighRoads has announced that it is establishing a product development Centre of Excellence in Belfast to support its rapid growth, and the company plans to recruit at least 20 professionals over the next three years. This team will bring together experts in engineering, product management, and engineering operations to support the creation and expansion [...]...

Dunnes Reclaims Top Spot in Irish Grocery Market

Dunnes Reclaims Top Spot in Irish Grocery Market
November 23
10:28 2017

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 5 November 2017, reveal that Dunnes Stores has returned to the top spot for the first time in nine months, capturing a 22.4% share of the market.

David Berry, director at Kantar Worldpanel, comments: “Dunnes Stores traditionally posts a strong performance towards the end of the year and 2017 is no exception.  While growth of 1.4% compared to this time last year is slightly behind the market average, shoppers have spent almost €2 more per trip this period, which has been enough for the retailer to edge ahead of the competition.”

David Berry, director at Kantar Worldpanel.

SuperValu is in the second spot with a 22.0% share of the market – in line with last month – though larger basket sizes have contributed to a sales improvement of 0.5%.

The strongest growth this month has come from Tesco, as David Berry explains: “Tesco’s sales are 5.1% higher than they were this time last year, which has lifted its share of the market from 21.3% in 2016 to 21.9% today.  The retailer is the only one of the top five not to lose shoppers this year, and customers have been tempted in by lower prices.  On average, consumers have paid 2% less than this time last year and in turn this has contributed to shoppers making bigger trips and returning to store more often.”

Meanwhile, Aldi and Lidl have both continued to see sales grow ahead of the market – up 2.9% and 3.8% respectively.  Unusually, Lidl has performed well in branded goods, particularly in the alcohol, biscuits and confectionery aisles as shoppers gear up for the festive season.

However, it wasn’t just Christmas that consumers were stockpiling for this period, as David Berry adds: “Storm Ophelia – which hit on the 16 October – had a surprisingly strong effect on the Irish grocery market.  The week before Ophelia landed supermarkets were buoyed by a spike in sales as shoppers battened down the hatches in preparation for the course of the storm.  Munster in particular saw an uplift in sales, with growth reaching 12% during that week.”

Grocery market inflation stands at -0.2% for the 12 week period ending 5 November 2017, in line with the previous month.

 

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4