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Retail Intelligence

SuperValu Announces €2.58 Billion in Sales, Plans For Four New Stores

By Publications Checkout
SuperValu Announces €2.58 Billion in Sales, Plans For Four New Stores

Musgrave-owned SuperValu has announced retail sales of €2.58 billion in the last year, following its addition of 24 former Superquinn stores last February.

The retailer has also announced plans to invest €18 million in opening four new stores this year, creating 280 jobs in new locations such as Athlone and Kilcock.

SuperValu currently holds 24.9% market share, according to the latest Kantar Worldpanel figures, and serves over 2.6 million customers every week.

“We are satisfied with our current trading performance, having finished the year well with a good Christmas trading period," commented Martin Kelleher, Managing Director of SuperValu.

"We will continue to drive the momentum behind SuperValu into 2015 through our food leadership programme, commitment to local suppliers through initiatives like Food Academy, and exceptional value through quality own brand products and promotions.”

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© 2015 - Checkout Magazine by Hannah Popham. 

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