Musgrave news

09 November 2021
Irish retailer Musgrave has released its 2020 financial results, for the 52 weeks to 31 December. Performance of the retailer’s banners was mixed, with the pandemic impacting areas of the business differently. However, overall, Musgrave performed well with group sales increasing by 14% to €4.5 bn, while retail sales reached €6.1 bn. Musgrave also grew its profit before tax 11% to €98m. Mixe...
27 July 2021
Sales in the Irish market declined 5.9% in the 12 weeks to 11 July, according to the latest results from Kantar. Sales still remained elevated when compared to pre-pandemic levels, with market growth +15.9% versus 2019. The reporting period included the Euros and the reopening of pubs and restaurants outside (indoor hospitality remains closed), driving shoppers to spend less time at home cooki...
04 June 2021
Sales in the Irish market declined 5.2% in the 12 weeks to 16 May, according to the latest results from Kantar. The period reflects the retailers’ performance against last year’s record-breaking sales, when the country went into its first lockdown. Sales over the most recent four weeks were down 6.9% versus 2020. Shopper behaviour remains disrupted Despite the decline in sales compared to 2...
09 March 2021
The Irish market grew 16.3% in the 12 weeks to 21 February, according to the latest results from Kantar. The festive season and the reintroduction of lockdown restrictions were the main drivers of growth. The market: slow growth lies ahead Growth accelerated further in the last four weeks, with sales reaching +17.7%. This was the highest level since November 2020. On average, household's ...
09 February 2021
The Irish market grew 16.4% in the 12 weeks to 24 January, according to the latest results from Kantar. Irish shoppers spent an extra €142.8m combined on take-home groceries compared to last year. Growth was driven by the festive season and the reintroduction of lockdown restrictions. A January like no other Growth has accelerated further in the last four weeks, with sales +16.8%. The retur...
15 January 2021
We take a detailed look at the new restrictions on alcohol promotions in Irish supermarkets that came into force this week. Reducing alcohol consumption by reducing promotional activity There are three new measures that will have an impact of grocery retailers; Retailers are banned from selling alcohol at a reduced price on the basis of the purchase of another product or service. This...
12 January 2021
December was a record-breaking month for the Irish grocery market, with sales of €1.2 bn on groceries, according to the latest results from Kantar. The market grew 17% in the 12 weeks to 27 December, with lockdown restrictions and Christmas contributing to the strong sales increase. Dunnes retained the largest market share during the period. Notable performances also came from Lidl and Tesco, ...
16 December 2020
The Irish grocery market continues to see growth accelerate, as another lockdown begins and we approach the festive season. Take-home grocery sales grew 16.4% in the 12 weeks to 29th November, according to the latest figures from Kantar, an increase on the 14.4% growth we saw in the previous reporting period. Busiest month since first lockdown Just as we saw in October, spend was over €1bn ...
17 November 2020
Growth in the Irish grocery market accelerated to +14.4% in the 12 weeks to 1st November, according to the latest results from Kantar. As the nationwide lockdown came into place growth continued to rise, reaching +18.8% in the last four weeks. All retailers saw an increase in sales compared to the previous reporting period, when overall market growth was +11.9%. Growing basket size and moving ...
26 October 2020
Musgrave's SuperValu is rolling out its drive-through service to 135 stores, according to the Business Post. Contact-free convenience SuperValu launched its first drive-through store in 2014 in Cork and will now roll this service out to 135 stores, with operational improvements. The updated service will have special drive-through booths, in the style of the model used by fast-food chains...