Ireland news

20 June 2013
We have assessed the leading global grocery retailers, their key markets and strategies for growth, and looked in more detail at the priorities and strategy of the top five. This week, we examine Tesco and its increasing focus on Asia. Increasing focus on Asia for growth The UK remains by some distance Tesco's largest market. However Asia is increasingly becoming its engine for grow...
12 June 2013
Aldi is divided into two sister companies, Aldi Süd and Aldi Nord that act as distinct entities. Collectively they operate over 10,000 stores in 17 markets. In 2012 Aldi had an approximate turnover of €59.5bn with strong growth of 6.7% forecast for 2013. The domestic German market remains the most profitable for Aldi but as it nears saturation, international expansion remains a vital growth d...
05 June 2013
Tesco has revealed that group sales rose by 2.7% exc. petrol (0.7% at constant exchange rates) for the 13 weeks to 25 May 2013. Driving UK LFL remains a challenge In what Tesco describes as a 'subdued' market, sales in the UK grew 1 .0% (inc. VAT, exc. petrol), with like-for-like (LFL) sales reducing 1.0% (exc. VAT, exc. petrol). Compared to Q1 last year this marks a slowdown in sales gro...
30 May 2013
The Irish market is becoming increasingly tough for traditional multiple retailers as shoppers turn to Aldi and Lidl to help them save money in austere times, according to the latest data from Kantar Worldpanel, for the 12 weeks to 12 May.   12 weeks to 13 May 2012 (% share) 12 weeks to 12 May 2013 (% share) Sales growth (Y-o-Y %) Tesco 28.4 27.6 -2.6 ...
29 May 2013
Lidl & Schwarz is the world's largest discounter, with a turnover of €66.5bn in 2012 and strong growth of 4.4% forecast for 2013. However Lidl's global growth has been uneven and in some of its more mature markets growth is slowing. Across its markets Lidl has stayed true to its unique combination of quality and value, but it is when these characteristics are combined with the right local tai...
29 May 2013
Tesco has announced PJ Clarke as its new CEO for its business in Ireland, replacing Tony Keohane who will now become the Chairman for Tesco Ireland. New CEO will bring considerable Tesco experience to the role After seven years in the role, Tony Keohane will step aside at the beginning of July for PJ Clarke to take over. PJ Clarke joined Tesco in 1974 and for the first part of his career he...
23 May 2013
In a year where Tesco has had to make some significant business decisions and laid down important building blocks for the future, we examine its Annual Report, as well as its newly renamed 'Tesco and Society' CSR report, pulling out our top findings and what this might mean for the retailer's future direction. A year where the business has got to grips with long-standing issues...
22 May 2013
SPAR International has reported worldwide retail sales up 2.8% in 2012, and revealed its new strategy: "Growing our future together." International expansion has always been a strategic goal SPAR's new strategy builds on its long-term objectives. It sets out the strategic objectives for 2013-2015 under three broad headings: Growing our partners - Developing a multi-format presenc...
24 April 2013
Musgrave Group has reported sales of €4.9 billion for the year ended 31st December 2012, up 10.5%, with profits before tax up 3% to €72 million.  Group performance was underpinned by 13.5% growth in its core Irish market, with sales up to €3.1bn, boosted by a full year's contribution from Superquinn, as well as record sales in both the Supervalu and Centra retail brands. 'Winning in the New Wor...
22 April 2013
Musgrave has introduced a wholly revamped private label range for its Irish convenience and neighbourhood stores under the Centra brand.  Differentiated with simple and bold on-pack designs, presenting a 'Bright New Range', the Centra brand of products now includes 900 lines across key grocery categories. Biggest ever launch by Centra The new Centra range demonstrates Musgrave's commitment ...