Tag: Dunnes Stores

Grocery Retail Market Shares

Dunnes remain top grocery retailer as Lidl and Aldi growth continues

Posted on | by Aisling Rafferty

Dunnes Stores retained top spot in the battle of the supermarkets with a 21.8% market share for the 12-week period ending July 14. This marks its 11th straight time on top of the grocery retail market. Douglas Faughnan, consumer insight director at Kantar, said Dunnes had attracted an additional 65,000 shoppers during the 12-week period with shoppers spending an average of €42 per visit, the most of any supermarket. He said Dunnes typically performs strongest in the second half of the year so these figures mean the retailer has “a solid base as we move towards its core trading season.”

In line with the overall market trend for increased spending by consumers, Lidl has seen the greatest increase of as shoppers bought more of its premium products. Douglas Faughnan explains: “While Lidl has witnessed a slight rise in overall shopper numbers, its success encouraging people to trade up to its premium own label and branded lines is a key reason behind its growth. Nearly 100,000 more shoppers bought Lidl’s top tier own label products this period compared to last, with an additional 13, 000 shoppers buying branded goods as well.” Lidl recently opened their 200th store and announced plans for 50 more stores around Ireland in the coming years.

Both Dunnes and Lidl have capitalised on a growing trend among shoppers who prefer to prepare meals from scratch. Inspired by the success of meal kit brands and convenience cookbooks, recent package deals on the constituent ingredients for home-cooked classics like spaghetti carbonara and bolognese have been popular at both retailers.

Aldi has seen the most dramatic growth of all the retailers during this period, with growth hitting double digits. Sales at the discounter were 12.8% higher than a year ago for a 12.5% share – both records for the German retailer. Lidl’s 5.4% year-on-year sales growth leaves it on 12.2%.

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, 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