SuperValu now occupies the top spot, having seen sales climb by 2.5% over the past 12 weeks, increasing its share of the market to 24.6%. David Berry, director at Kantar Worldpanel, explains: “The grocery market is arguably the most competitive retail sector and the latest figures emphasise this, with the three biggest retailers each within one percentage point of each other’s market share.“This is the strongest growth rate recorded by SuperValu since August 2013, which the retailer has achieved by encouraging more repeat shopping trips. The average consumer has visited the retailer on two additional occasions and spent an extra €16 over the past quarter when compared with last year.”
SuperValu now occupies the top spot, having seen sales climb by 2.5% over the past 12 weeks, increasing its share of the market to 24.6%. David Berry, director at Kantar Worldpanel, explains: “The grocery market is arguably the most competitive retail sector and the latest figures emphasise this, with the three biggest retailers each within one percentage point of each other’s market share.
“This is the strongest growth rate recorded by SuperValu since August 2013, which the retailer has achieved by encouraging more repeat shopping trips. The average consumer has visited the retailer on two additional occasions and spent an extra €16 over the past quarter when compared with last year.”
This is the second time this year that SuperValu has overtaken Tesco to hold the top spot. The last time was in March 2015.
SuperValu’s biggest competitor, Tesco, has moved from the top position it held in October with a drop of 0.4% down to 24.1%. Berry says that Tesco “continues to see a positive volume performance, with more items sold this year but at a lower price point, leading to a slight decline in value sales of 0.7%. With the prospect of a boost in consumer spending this Christmas, Tesco’s festive offer is sure to be geared towards regaining the top spot at such a vital time of year”.
Dunnes continues its successful performance, with growth in value sales of 3.3%, and a market share of 23.7%. According to Kantar, this growth is attributable mainly to larger, more frequent shopping trips. “Dublin has been a key source of growth for Dunnes, where it now stands as the number one retailer,” Kantar says.
Strongest sales growth
Lidl maintains its position as the retailer with the strongest sales growth, and has been the only grocer to expand its customer base in the past 12 weeks. The grocer has recruited more than 40,000 new shoppers this year, helping to grow sales by 11.2% and increase market share to 8.7%. Like Dunnes, Lidl has drawn much of its success from expansion in the capital, having increased footfall in Dublin by 33,000 compared with last year.
Elsewhere, Aldi’s performance remains ahead of the overall market, with sales growth of 3.6% and market share increasing to 8.5%.
This is a subscriber-only article
SHARING OPTIONS: