Thursday 22 March 2018

Aldi outshines rivals

DISCOUNT retailer Aldi has pushed up its market share in Ireland. The latest figures from Kantar Worldpanel show that Aldi's share of the €14bn Irish grocery market grew at the fastest pace of any retailer during the latest survey.

The German discount store had a 4.5pc share of the market for the 12 weeks ended February 19 -- an increase of a quarter from the previous period.

However its rival, Lidl, continues to attract more business, holding a 5.6pc share in the period, although this is virtually unchanged from a year earlier.

Tesco, however, remains the country's biggest retailer, with a market share of just over 28pc.

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