SuperValu Maintains Its Number One Position As Nation's Top Grocer
SuperValu has maintained its number one position as Ireland's top grocer, the latest figures from Kantar, for the 12 weeks ending 21 March, showed.
The research showed that the retailer grew ahead of the market during the period, with sales up by 13.9% giving it a 22.4% market share.
According to Kantar, shoppers tend to make large trips to SuperValu and basket sizes continue to grow, it also was the only retailer to increase the number of visitors it welcomed into store in the latest period, which contributed an additional €2.9 million to its overall performance.
Tesco is currently the nation’s second largest retailer, with 21.6% of the market. Large trips are again the source of its success as people added an average of three packs per trip to their trolleys, helping the retailer grow overall sales by 9.9%.
Dunnes meanwhile grew by 3.6% to hold a 21.3% share, the figures showed.
Lidl’s growth was strong once more at 12.3% over the 12 weeks, it also increased share and now holds 12.7% of the market during the period. It recorded the fastest growth of branded goods among all retailers.
Aldi currently has a 12% share and grew by 6.2% over the past year, it made particular gains in Munster where sales increased by 7.7%.
'Sales Start to Settle'
During the 12 weeks, while shoppers spent €234.6 million more than in the same period last year, that figure is lower than in recent months, as annual comparisons are now being made against the record-breaking sales recorded ahead of the first lockdown in 2020.
In the four weeks to 21 March, sales declined by 5.5% for that reason.
“A year on from the start of the pandemic, lockdown is still having an impact on shopping habits, and over the past 12 weeks the market continued to grow. However, looking at the shorter-term picture supermarket sales actually fell over the most recent four weeks, as people spent €59.3 million less than in March 2020 when they were stocking up ahead of the first national lockdown," said Emer Healy, retail analyst at Kantar, comments.
“Even with March sales down compared to 2020, they remain almost 20% higher than in 2019. Two-year ending growth figures allow us to look at how the retailers are performing compared with what we would typically expect at this time of year, and the numbers show a strong increase in sales. This will likely continue until pubs, restaurants, workspaces and schools reopen and shoppers start moving spend on to food and drink out and about as well as in home,” she added.
Despite restrictions limiting many traditional festivities, Ireland still celebrated St Patrick’s Day with gusto, albeit it at home for another year.
Guinness specifically was bought by 10% of the Irish population, compared to 6% last year, which meant an extra 70,000 households took it home.
The data indicated that with summer nights fast approaching, people also took full advantage of some fair weather and fired up the barbecue.
An additional €1.3 million was spent on chilled burgers and grills, with an extra €6.7 million of ice cream bought in the latest 12 weeks as well.
Hughes noted that early evidence showed that Easter weekend was a big occasion, with 63% of people buying an egg before 21 March, compared to 41% at the same time last year. That meant sales boomed by 124% with an additional €18.1 million spent.
Unlike the total market, online grocery shopping has shown no signs of slowing down, even compared to March last year.
Shoppers spent an additional €25.5 million through digital platforms, with most of the major retailers now offering online delivery in some form, the data showed.
“Online grocery shopping has taken off in the past year, but because it is relatively new to Ireland, it still has a lot of headroom to grow,” Healy said.
© 2021 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign up to subscribe to Checkout.