Monday, 15 November 2021

Dunnes Takes Lead In Irish Grocery Market As Shoppers Prepare For Christmas

Latest figures from Kantar show grocery sales in Ireland fell by 4.8% year-on-year over the 12 weeks to 31 October as more normal trading conditions returned to the market. However, growth is still strong compared with pre-pandemic levels and sales were up 8.9% versus the equivalent period in 2019.

Emer Healy, retail analyst at Kantar, commented: “October brought the full easing of Covid-19 restrictions as well as a well-timed bank holiday weekend and shoppers have been making the most of newfound freedoms. Dining out is firmly back on the table, bringing a welcome boost to the hospitality sector as friends and families returned to bars and restaurants. With fewer meals eaten around the kitchen table, we’ve seen supermarket sales drop by 8.4% in the latest four weeks. Irish shoppers spent €86.1m less on groceries this month compared with the equivalent period last year when the nation was in lockdown.”

NamNews Implications:
  • Aldi and Lidl with a combined market share of 25.4% vs mults average of 22%…
  • …and growing at an average 12.5% vs pre-Lockdown.
  • Shows that the discounters remain a threat…
  • …especially with high inflationary pressures in the pipeline.

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