herald

Wednesday 17 January 2018

Retail: ALDI and LIDL sales grow

CONSUMERS are forking out 4.4pc more for general groceries than they were last year.

More shoppers are heading to discount retailers Aldi and Lidl which recorded respective sales growth of 25pc and 6pc, pushing their market share up to 10.7pc.

The cost of alcohol, crisps and cigarettes have all increased more than 9pc, according to the latest figures from Kantar Worldpanel in Ireland.

"Two areas benefiting from this are retailer own-brand labels and the discounters," said commercial director at Kantar Worldpanel David Berry.

"Sales of own-brand products have increased by 6pc, while branded goods have fallen in value by 3pc."

Tesco's lead in the market over Dunnes Stores now stretches to more than five percentage points.

Tesco's sales increased by 1.7pc while Dunnes increased sales in the period by 0.4pc.

Sales at Superquinn dropped 8.2pc to a share of 6pc while SuperValu saw sales fall 2pc to 19.5pc.

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