Sunday 23 October 2016

Dunnes Stores gains as supermarkets bounce back


The value of the Irish grocery market has increased by 2.1pc since last year, the best performance since 2010, boosting a sector where competition has become fierce.

The latest industry data shows Dunnes Stores making the strongest gains among the big three retailers, outperforming the market to grow sales by 4.7pc.

The latest supermarket share figures from Kantar Worldpanel in Ireland are for the 12 weeks ending October 11, and show a year-on-year growth in sales of 2.1pc across the Irish grocery market.

That is ahead of inflation, meaning consumers are buying more, not just spending more.

Dunnes Stores boosted its market share to 23.2pc. Tesco is the largest supermarket in Ireland with 24.5pc of the market, just ahead of SuperValu's 24.4pc.

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