Tag: Dunnes Stores

SuperValu regain top spot as Irish shoppers spend extra €92 million on Christmas groceries

Posted on | by Aisling Rafferty

Grocery sales are up 3.8% from last year as Irish shoppers spent an extra €92 million on their Christmas groceries at the end of 2016 according to the latest figures from Kantar Worldpanel.

The latest set of figures, which document the 12 weeks up to January 1st, show Supervalu regaining top spot from Dunnes Stores as the Republic’s largest supermarket, with a market share of 22.8%.

The Kantar figures show Dunnes returning to second place by the smallest of margins, with a market share of 22.7%. The retailer, despite the small drop, continued to perform well with sales for the Christmas period almost 5% higher than in 2015. The average spend per trip by Dunnes shoppers also reached a new high of €41.60, significantly ahead of any other retailer. Aldi saw the strongest growth of all the retailers over the 12 weeks, with sales up by 5.3 %.

Retailers were also helped out by the calendar in 2016. Thanks to Christmas Day falling on a Sunday, shoppers had two extra days to pick up their Christmas groceries.This extra time to shop in the build-up to Christmas meant that the average household spent €193 on their Christmas festivities, €35 more than last year. Despite the extra shopping days, 55% of the population still chose to stick with tradition and tackle their ‘big shop’ on Friday, December 23rd making it the busiest day of the year for retailers.

David Berry, director at Kantar Worldpanel believes that shoppers chose to treat themselves this Christmas, particularly after the uncertainty of 2016. “ Irish families spent 9 per cent more on seasonal confectionery than last year, making sure they had plenty of sweet treats to keep them going over the festive period.” according to Berry. “ More were in the mood for a Christmas tipple too, with alcohol experiencing double-digit growth. This was partially down to more multi-buy promotions in stores tempting shoppers to up their spend,” he added.

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SuperValu and Dunnes Stores locked at top spot in supermarket wars

Posted on | by Aisling Rafferty

 

 

SuperValu and Dunnes Stores are tied for top spot with a market share of 22.5% each. Tesco find themselves in third place with 21.8% in the increasingly competitive battle of the supermarkets.

Kantar Worldpanel have released figure from the 12-week period ending December 4th, which show SuperValu have increased their market share to become level with Dunnes Stores. This gain shows Supervalu recovering quickly from their fall to second place last month.

SuperValu’s rapid climb back to top spot demonstrates how fierce competition is between Ireland’s ‘big three’, with just 0.7 percentage points now separating the three largest retailers. While both retailers saw sales grow slightly over the period, Aldi posted the strongest growth in the quarter with sales up by 6.1% over the last 12 months.

Lidl increased its sales by 4.3%, a figure which sees them ahead of overall market growth, which currently stands at 3.7%, leading to a slight increase in market share for the retailer. Similarly, Aldi and Lidl are also locked in a dead heat, with each of the German giants boasting a market share of 11%.

Kantar Worldpanel’s Ireland director David Berry said “Having reached the number one spot for the first time last month, Dunnes now shares that position with SuperValu – a real testament to just how competitive this marketplace is,”

SuperValu sales have positively increased by 1% over the last 12 weeks, which translates to shoppers spending an average of an extra €1 every time they visit a SuperValu store.

The long running Shop and Save campaign continues to prove successful for Dunnes with nearly 64%of households venturing into stores over the past 12 weeks. Shoppers on average visited just over once a week, spending €39.50 per visit – an increase of almost €3 on last year.

Dunnes currently stands as the only retailer which has delivered stronger growth for brands – (up 5.7%) than own label goods which increased by 3.3 per cent in the last 12 week period.

Dunnes Stores to overtake Tesco in Grocery league

Posted on | by Aisling Rafferty

Dunnes Stores are just .1% behind Tesco in the Supermarket league according to the latest figure from Kantar Worldwide panel. While Tesco remain in second place with a 24.2% market share, Dunnes Stores are seeing the merits of their recent growth figures. Sales in the Irish Fashion & Food Retailer have grown by 7% year-on-year, commanding a new market share of 24.1% and an astounding €3million increase in revenue per week, across the quarter.

SuperValu continue to dominate at the top with a market share of 25% and an increase in sales of 3.7%. Growth amongst the discounters continues to accelerate. Both Lidl and Aldi sit on par each with an 8.1% market share. The figures accounted for the 12 weeks up until February 28th and is the third successive period where growth has been above 3% for Irish Grocery.

Noteworthy Trends

  • Sales of Fresh Fish increased by 13%
  • Fruit sales increased by 11%
  • Nuts increased by 17% versus last year

http://www.kantarworldpanel.com/ie/Press-Releases/Irish-grocery-market-continues-rapid-growth-in-2016

Dunnes Stores, Homebase and Harvey Norman – Retail Roundup

Posted on | by Aisling Rafferty

Dunnes Stores to buy Whelan Food and Meat

Dunne Stores to Buy WhelansDunnes Stores have eyed up another acquisition to add to their retail portfolio. The Irish retailer have proposed a deal to buy two meat wholesale businesses, Whelan Food & Meat Processors and Tipperary Sustainable Food Company. Both companies are under the control of Pat Whelan, owner and operator of Whelan’s Butchers who operate in the luxury Avoca Food stores.

Dunnes recently acquired Café Sol and plan on bringing expansion plan for the brand into place throughout 2016 and integrate some outlets in their bigger stores. The proposal was made to the Competition Authority this week to acquire Whelan’s and has entered the preliminary phase.

Wesfarmers buy Homebase

Australian home retail brand Wesfarmers have agreed to buy Homebase for £340 million and will invest £500 Homebasemillion transforming it into the Bunnings brand. The deal is still seeking approval from shareholders and if accepted would make Bunnings the second largest DIY and Garden Retailer in the UK and Ireland. Homebase, who have 265 stores have struggled in recent years against B&Q. Representatives from Wesfarmers’ said company analysts had studied the UK market for over a year, prior to the bid.

Homebase’s management team are to be replaced by Bunnings’ staff. However, it is understood Homebase’s current chief executive will stay in place. A statement from Wesfarmers’ it could ‘improve on Homebase’s store operations, cut prices, widen ranges, improve service, appeal more to tradesmen and do more online’.

Harvey Norman in Cork on sale for €8.2 million

Harvey Norman in Cork is on the market for €8.2 million through estate agents Savills. The store which is located on the Kinsale Road, is one of 12 stores across Ireland and produces a rent roll of €678,699 annually. The retail warehouse has another 9 years guaranteed under the current lease, with an upward only rent review due in 2020.

Harvey Norman