Ireland news

02 February 2023
Centra, Ireland’s leading convenience group owned by Musgrave, achieved a record year in 2022 with sales hitting €1.98bn from 167 million customer transactions.  Sales are impressively up 17% vs 2019, demonstrating a strong resilience to the ever-increasing economic challenges.  The group who currently own nearly 500 stores across the country have announced that they will be investing €23m in ...
12 January 2023
Tesco has published its Q3 and Christmas trading update, noting that Q3 like-for-like sales were up 5.7% and were ahead by 7.9% in the Christmas trading period. LFLs were up by 4.3% in the UK, 5.3% in Ireland, 9.3% for Booker and 12.3% in Central Europe. UK trading well Key trading highlights in the UK included: Tesco offered its “ most competitive offering to date, delivering further...
29 November 2022
Leading global convenience chain Couche-Tard, which operates as Circle K, is one of the most innovative in the channel. It continues to flex its approach in response to the current trading environment while also investing for the future. We highlight some of the programmes it has in place, many of which could be replicated by operators across different channels. Value food-to-go - it has ...
13 October 2022
Poundland owners Pepco Group released its year end results, for the year ending 30 September 2022, which showed like-for-like sales at the Poundland Group, which includes stores under the Dealz banner in Ireland, Poland, and Spain, grew by 2.6%. Total sales grew by 5.0%, at constant currencies, to £1.87 bn. Pepco Group’s revenue increased by 5.2% to €4.82 bn. What is driving growth for Poundl...
05 October 2022
As Tesco reports on its performance in H1, which showed Group sales, excluding VAT and fuel, rose 3.5% (at constant exchange rates) to £28.2 bn, I look at the five key numbers that stood out in the results. 1. UK like-for-like growth of 0.7% Versus recent announcements from Co-op and Morrisons , which saw them post like-for-like sales contractions of 0.7% and 3.1%, albeit for differe...
26 July 2022
In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...
09 June 2022
We round up three developments in the market as Tesco receives clearance for its purchase of Joyce’s Supermarkets and SPAR South Africa announces its first half results, discussing BWG’s performance. Tesco receives clearance for Joyce’s acquisition After announcing its intention to purchase Joyce’s Supermarkets in November 2021, Tesco Ireland has received clearance from the country’s Co...
17 May 2022
As Musgrave’s Centra banner announces its 2021 results and its SuperValu banner launches its Taste of Local initiative, we round up developments from the company. Centra: +2.5% growth to €1.98 bn in 2021… Centra reported annual growth of 2.5% in 2021, taking its sales to €1.98 bn. The banner said the growth was driven by its convenience offering, increased consumer demand for its wide range...
13 April 2022
As Tesco releases its annual results, Senior retail analyst Nick Gladding shares his initial thoughts on today’s numbers and what they tell us about the direction of travel at the UK market leader. Strong performance across the group drives sales and profits Group sales growth of 3.0% in the year to February 2022 is undoubtedly impressive against highly challenging pandemic elevated compara...
16 February 2022
Contract caterer, Compass has launched a checkout free food-to-go format at the new headquarters of the leisure group, Flutter, which operates brands including Paddy Power and Betfair. Located at Clonskeagh, south Dublin, the new store called Market X provides one of the on-site food concepts available to the 1,700 employees at the complex. As well as Flutter employees the store is also accessibl...