Ireland news

Musgrave has announced that it will be renaming its 24 Superquinn stores as SuperValu, in February 2014. Second largest grocer in Ireland By incorporating the Superquinn stores into the SuperValu portfolio, the  Musgrave -owned retailer will become the second largest grocer in Ireland . SuperValu will take on Superquinn's 5.4% market share in addition to its own 19.5% share. This will al...

Aldi and Lidl continue to be the success story of 2013 in Ireland, as challenging market conditions and an ever improving offer send shoppers through discounters' doors in droves, according to the latest data from Kantar Worldpanel, for the 12 weeks to 07 July.   12 weeks to 08 July 2012 (% share) 12 weeks to 07 July 2013 (% share) Sales growth (Y-o-Y %) Tesco ...

Musgrave Group has announced that it will be working with Symphony EYC to maximise retail space shelf. Automated space planning Musgrave will now use Symphony's space planning and planogram automation to generate planograms for its independent retailers. It will be using the technology in addition to existing solutions as it looks to optimise allocation of product within its stores. Th...

The Irish market continues to challenge traditional multiple retailers as shoppers continue to flock to discounters, according to the latest data from Kantar Worldpanel, for the 12 weeks to 09 June.   12 weeks to 10 June 2012 (% share) 12 weeks to 09 June 2013 (% share) Sales growth (Y-o-Y %) Tesco 28.6 27.7 -3.4 Dunnes 22.4 21.9 -2.7 Su...

We have assessed the leading global grocery retailers, their key markets and strategies for growth, and looked in more detail at the priorities and strategy of the top five. This week, we examine Tesco and its increasing focus on Asia. Increasing focus on Asia for growth The UK remains by some distance Tesco's largest market. However Asia is increasingly becoming its engine for grow...

Aldi is divided into two sister companies, Aldi Süd and Aldi Nord that act as distinct entities. Collectively they operate over 10,000 stores in 17 markets. In 2012 Aldi had an approximate turnover of €59.5bn with strong growth of 6.7% forecast for 2013. The domestic German market remains the most profitable for Aldi but as it nears saturation, international expansion remains a vital growth d...

Tesco has revealed that group sales rose by 2.7% exc. petrol (0.7% at constant exchange rates) for the 13 weeks to 25 May 2013. Driving UK LFL remains a challenge In what Tesco describes as a 'subdued' market, sales in the UK grew 1 .0% (inc. VAT, exc. petrol), with like-for-like (LFL) sales reducing 1.0% (exc. VAT, exc. petrol). Compared to Q1 last year this marks a slowdown in sales gro...

The Irish market is becoming increasingly tough for traditional multiple retailers as shoppers turn to Aldi and Lidl to help them save money in austere times, according to the latest data from Kantar Worldpanel, for the 12 weeks to 12 May.   12 weeks to 13 May 2012 (% share) 12 weeks to 12 May 2013 (% share) Sales growth (Y-o-Y %) Tesco 28.4 27.6 -2.6 ...

Lidl & Schwarz is the world's largest discounter, with a turnover of €66.5bn in 2012 and strong growth of 4.4% forecast for 2013. However Lidl's global growth has been uneven and in some of its more mature markets growth is slowing. Across its markets Lidl has stayed true to its unique combination of quality and value, but it is when these characteristics are combined with the right local tai...

Tesco has announced PJ Clarke as its new CEO for its business in Ireland, replacing Tony Keohane who will now become the Chairman for Tesco Ireland. New CEO will bring considerable Tesco experience to the role After seven years in the role, Tony Keohane will step aside at the beginning of July for PJ Clarke to take over. PJ Clarke joined Tesco in 1974 and for the first part of his career he...