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Growth in Irish grocery market but uncertain times ahead
The recent EU referendum result and weakening of the pound against the euro could see many Irish shoppers return to old habits – heading across the border in search of better value at UK retailers in Northern Ireland, suggests Kantar Worldpanel.
While such cross-border shopping only accounted for 0.3% of Irish grocery sales in the latest 12 week period, at the peak of the recession it stood at 4.1%, the shopper behaviour expert said.
Record numbers shop at Lidl in Ireland
Kantar Worldpanel's latest supermarket share figures for – for the 12 weeks to May 22 – show a strong sales boost for the grocery market with sales increasing by 4.0% compared with last year, the global expert in shoppers’ behaviour reports.
How to win in both online & conventional retail
Fruit and vegetable consumption may be declining in Europe but as highlighted at the ‘Tomatoes, trends towards 2020’ conference in Antwerp in April, the market value of tomatoes has nevertheless risen.
The reality is that sales can be boosted via tastier, more convenient varieties that increase consumer satisfaction.
And more sales can also be achieved through online shopping.
Direct sourcing is key for IPL and ASDA
As well as being the biggest single importer of produce in the UK, Asda subsidiary International Procurement & Logistics (IPL) – the UK retail chain’s sourcing and procurement arm – is involved in exports. IPL Export, its export operation, supports the direct import strategies of Asda-owner Walmart as well as Sam’s Club, its retail warehouse chain. Dutch aubergines and Spanish olive oil for Canada, UK beer for the Japanese market and milk from Yorkshire for China are just some examples of IPL Export’s activities.
Waitrose plans to open 14 new branches in 2016
German discounters now command a tenth of British grocery sales
Discount retailers Aldi and Lidl have reached a combined 10% share of the British grocery market for the first time, new grocery share figures from Kantar Worldpanel reveal.
The data, for the 12 weeks to November 8, show Lidl’s market share reached a new record high of 4.4%, up 0.7 percentage points on last year thanks to 19% sales growth. Aldi grew sales by 16.5%, keeping its market share at 5.6% for the fifth consecutive month.