SuperValu Leads The Way As Ireland's Top Grocer For Second Month In A Row
Fastest-growing retailer SuperValu claimed the largest market share for the second month in a row and saw sales rise by 32.7% in May, research showed.
SuperValu’s locally-focused store estate helped it to benefit from people shopping closer to home and it welcomed 64,000 additional shoppers through its doors during the period.
The latest figures from Kantar revealed that Irish take-home grocery sales rose by 25.4% during the 12 weeks to 17 May, the fastest rate of growth recorded in the past fifteen years.
“The jump in grocery sales over the most recent three-months in large part reflects the fact that it includes both the pre-lockdown surge in shopper spend and the eight weeks of stay-at-home advice from Government, bringing almost all meals into the home," said Emer Healy, retail analyst at Kantar.
"While the growth of take-home grocery sales is strong, the overall picture for some supermarkets will be less positive as these gains are offset by falling spend on on-the-go meals, drinks and snacks," she noted.
Tesco also recorded formidable sales growth in May month.
Its typically larger stores allowed it to capitalise on the increase in trolley shops and the grocer grew by 23.7% to hold 21.8% of the market during the period.
Dunnes also gained from shoppers spending more in store, spending an extra €10.39 per trip compared with last year, and it recorded healthy growth of 18.0%.
This was slightly behind the market, linked partly to Dunnes not having a direct online grocery offer.
Lidl benefited from its Dublin stronghold to boost sales by 30.5% and held its market share at 12.0%, while Aldi performed strongest in the south of the country, growing overall sales by 20.8% to hold an 11.7% share, the data showed.
Lockdown has continued to drive up online grocery shopping – and sales through digital platforms increased by 76% year on year.
15% of Irish households received at least one delivery over the latest 12 weeks, according to Kantar.
“Demand for online groceries has soared over the past few months and 15% of Irish households received at least one online delivery over the latest 12 weeks – a significant increase from 9% last year," she said.
Healy highlighted that this sudden surge in demand meant that the retailers had to act quickly to increase their online capacity, and have been rightly praised for extending their services to those who need them most.
"That includes reaching groups who are more vulnerable in the current crisis, with an additional 26,000 retired households ordering an online delivery over the 12 weeks to 17 May and over 65s spending an extra €8.9 million online," she added.
According to the research, Friday 1 May, the day before the early May bank holiday weekend, was worth €52.8 million as consumers prepared for a weekend of sunshine.
The holiday, coupled with a month of warm temperatures, meant that alcohol sales grew by a staggering 93% over the latest four weeks.
"It seems many of us enjoyed the barbecue weather as shoppers spent an additional €3.8 million on sausages and burgers. Ice cream cream sales were worth an extra €5.9 million,” Healy said.
© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.