Emer Healy’s Post

Our Irish Grocery Market Share is out and Tesco holds 23.3% of the market, up 8.6% year-on-year. Dunnes holds 23.2% market share with growth of 8.3% year-on-year. Dunnes growth stems mainly from more frequent, up 6.2% year-on-year, which contributed an additional €43.2 million to overall performance. SuperValu holds 20.2% of the market with growth of 2.4%. SuperValu shoppers make the most trips in store when compared to all retailers, an average of 21.9 trips a year. Explore the current and historical #GroceryMarketShare data on our interactive data viz: https://lnkd.in/eThCxt7g Read the full article here: https://lnkd.in/e_synsuS #Kantar #GroceryMarketShare

🎤Our Irish Grocery Market Share is out and Tesco holds 23.3% of the market, up 8.6% year-on-year. Dunnes holds 23.2% market share with growth of 8.3% year-on-year. Dunnes growth stems mainly from more frequent, up 6.2% year-on-year, which contributed an additional €43.2 million to overall performance. 🛒SuperValu holds 20.2% of the market with growth of 2.4%. SuperValu shoppers make the most trips in store when compared to all retailers, an average of 21.9 trips a year. 🔎Explore the current and historical #GroceryMarketShare data on our interactive data viz: https://lnkd.in/eEw-tNDD Read the full article here: https://lnkd.in/eqDtHnZn #Kantar #GroceryMarketShare

Our Irish Grocery Market Share is out and Tesco holds 23.3% of the market, up 8.6% year-on-year. Dunnes holds 23.2% market share with growth of 8.3% year-on-year. Dunnes growth stems mainly from more frequent, up 6.2% year-on-year, which contributed an additional €43.2 million to overall performance. SuperValu holds 20.2% of the market with growth of 2.4%. SuperValu shoppers make the most trips in store when compared to all retailers, an average of 21.9 trips a year. Explore the current and historical #GroceryMarketShare data on our interactive data viz: https://loom.ly/Vr11IdI Read the full article here: https://loom.ly/PlGz4X4 #Kantar #GroceryMarketShare

IGA has announced a price drop on over 3000 essential items for the next three months. The price cuts cover a wide range of products, from pantry staples to cleaning supplies and baby products. These reductions will last until October 29 and follow recent price cuts from Coles and Woolworths, who also reduced prices on essential items. By locking in prices on thousands of essentials, IGA aims to attract budget-conscious shoppers. However, we need to ask if IGA is genuinely providing value to shoppers or just engaging in a price war. While the price drop seems great for consumers, it might only bring short-term gains and could harm long-term profits and product quality. They may be using pricing in this instance to advertise low prices to improve consumer price perception. Once this is done, will they increase prices under the radar? Despite these price cuts from all supermarkets recently, consumer trust in supermarkets remains low. Shoppers are skeptical, wondering if the discounts also mean reductions in product quality or variety. The challenge for IGA and other supermarkets is to keep prices affordable without sacrificing quality or service and to rebuild consumer trust through consistent value delivery. IGA’s price drop is a timely and strategic move in these tough economic times and competitive markets. However, while it benefits consumers in the short term, the effects on the supermarket industry and consumer trust need careful thought. Effective pricing strategies should balance affordability, quality, and sustainability to truly benefit both businesses and consumers. #pricingnews #taylorwellspricing #supermarketpricing blogs: https://lnkd.in/gcw9tsQG Source: https://lnkd.in/g_rUDS4u https://lnkd.in/gd_ZuJ_s

IGA has announced a price drop on over 3000 essential items for the next three months. The price cuts cover a wide range of products, from pantry staples to cleaning supplies and baby products. These reductions will last until October 29 and follow recent price cuts from Coles and Woolworths, who also reduced prices on essential items. By locking in prices on thousands of essentials, IGA aims to attract budget-conscious shoppers. However, we need to ask if IGA is genuinely providing value to shoppers or just engaging in a price war. While the price drop seems great for consumers, it might only bring short-term gains and could harm long-term profits and product quality. They may be using pricing in this instance to advertise low prices to improve consumer price perception. Once this is done, will they increase prices under the radar? Despite these price cuts from all supermarkets recently, consumer trust in supermarkets remains low. Shoppers are skeptical, wondering if the discounts also mean reductions in product quality or variety. The challenge for IGA and other supermarkets is to keep prices affordable without sacrificing quality or service and to rebuild consumer trust through consistent value delivery. IGA’s price drop is a timely and strategic move in these tough economic times and competitive markets. However, while it benefits consumers in the short term, the effects on the supermarket industry and consumer trust need careful thought. Effective pricing strategies should balance affordability, quality, and sustainability to truly benefit both businesses and consumers. 

Kantar's latest Worldpanel data offers key insights into the dynamic grocery retail landscape. Explore the 5 key takeaways shaping grocery retail in the #UK. 1. Promotional Surge & Price Stability: Kantar's latest data reveals a surge in promotional spending, driving 29.3% of supermarket sales, resulting in a 14th consecutive month of declining grocery price inflation at 3.2%. 2. Healthier Snacking Habits: Beyond Easter indulgences, there's a notable shift towards healthier snacking, with fruit consumption between meals increasing significantly, reflecting evolving consumer preferences. 3. Ocado's Digital Dominance: Ocado Retail Ltd continues to lead in the online grocery market, with a robust 12.5% sales growth, outpacing the overall online market growth of 6.8%. 4. Dynamic Market Trends: Lidl GB achieves a record 8% market share with 9.1% sales growth, while Aldi reclaims a 10% market share. Tesco and Sainsbury's demonstrate resilience, each gaining 0.4 percentage points of market share. 5. Consumer Value & Savings: The emphasis on promotions translates into tangible savings for shoppers, with an impressive £1.3bn saved in just four weeks, reinforcing retailers' response to consumer demand for value. #Grocery #Retail #Kleerdbrands

Sales growth in Food & Drink retailers slowed to just +1.1% in the 4 weeks ending 15th June 2024, against last year’s heatwave and double digit food inflation.  Against this exceptional month there were fewer visits to stores as shoppers traded cooling refreshments for comfort foods. Online was the fastest growing channel with fmcg sales +3.7% and share increased to 12.6% from 12.2% a year ago (NIQ Homescan). Growth is being achieved by retaining more committed shoppers. Online attracted a 2.2% increase in orders equating to almost 0.5m incremental visits compared to last year, with spend per buyer also improving. The continued mixed weather and persistent rain is less conducive for shopping on the high street and albeit last year’s comparatives will be weaker it remains impressive that an increase in orders is not diluting ‘items in basket’. The wider ranges online will be an added incentive to the 27% of GB shoppers who are shopping the channel on a 4 weekly basis. As we enter the second half of 2024, retaining shoppers and encouraging more visits will become increasingly important in this low inflation era. Retailers such as Ocado are able to help bridge the gap between ‘dining out’ and ‘dining in’ with a wider range of restaurant branded ‘fake-aways’ just one way online retailers can offer more choice delivered to your door and help quench the appetite to elevate ‘indoor’ dining. #NIQThoughtLeadershipUK #nielseniq #NIQ #fmcg #foodandbeverage #foodretail #weather #grocery #online #insights #summer #ocado

🛒📈 Ocado was again the fastest growing grocer over the 12 weeks to 12 May, with sales up by 12.4% - well ahead of the total online market, which saw sales increase by 5.4%. Lidl reached a new record-high market share of 8.1%, fuelled in part by its bakery counters, as well as its loyalty scheme. Britain’s biggest grocer Tesco now takes 27.6% of the market - an increase of 0.5 percentage points since last year, marking its largest annual share gain since January 2022.🛍️ Explore the current and historical #GroceryMarketShare data on our interactive data viz: https://loom.ly/ukaAV88 Read the full article: https://loom.ly/G2K0-Lg #ConsumerInsights

Sales in Food & Drink retailers were boosted by events and the earlier Easter, in the latest 4 weeks ending 23rd March 2024. FMCG promotions are now at a 4 year high at 24% value sales bought on offer and with strong activations in store, it is perhaps not surprising that growth online slowed to +3.1% vs bricks & mortar +4.1%. Last year was a strong month for Online with the MetOffice recording the wettest March in 40 years, so against this backdrop share of 10.9% is only just below last year’s 11.0%.   Online visits were flat at +0.1%, despite a slight decline in shoppers and a marginal drop in size of order. After a wet and stormy Q1, shoppers are looking forward to warmer and drier days ahead as we enter into British Summertime and the opportunity for the evolving quick commerce to unlock smaller basket spends and capture more of the ‘needs for now’.   #NIQThoughtLeadershipUK #nielseniq #fmcg #foodandbeverage #foodretail #weather #grocery #online #insights #Easter

Our latest British Grocery Market Share report shows Sainsbury’s market share rising by 0.5 percentage points over the 12 weeks to 4 August, its largest year-on-year gain since July 1997. Sainsbury’s remains the fastest-growing traditional supermarket, with sales up by 5.2%. Tesco has extended its streak of market share gains, up 0.6 percentage points to 27.6%, with sales increasing by 4.9%. Asda now holds a 12.6% share, while Morrisons is at 8.6%. Explore current and historical #GroceryMarketShare data on our interactive data viz: https://loom.ly/ZAB5Bf8 Read the full article here: https://loom.ly/upGdnaU #Kantar