Musgrave news

05 February 2019
Convenience retailer Centra has announced sales of €1.63bn in 2018, an increase of 3.6% year-on-year. Centra also plans to open 25 new stores this year. 25 new stores and 80 revamps Centra, Ireland’s leading convenience retailer, plans to build on its strong sales results by opening 25 new stores throughout 2019, in addition to revamping a further 80 stores. The new stores and refurbishm...
18 October 2018
Big store reinvention is a major focus right now for many retailers globally. And many have identified food-to-go, and wider foodservice, as a key opportunity through which to boost dwell time, increase spend, drive customer experience and deepen the relationship with those visiting the store. But delivering great food-to-go and foodservice solutions is not easy. Globally we’ve helped a number...
23 May 2018
Leading Irish retail and wholesale group Musgrave has reported flat sales but robust profit growth, in a year in which the business made strong progress on a number of fronts. “Growing Good Business” At a top line level, group turnover remained flat at €3.7bn, while pre-tax profits (excluding exceptional items) grew from €73m to €80m. Overall retail sales across the group and its store owne...
15 February 2018
As Centra unveils plans to add 30 new stores, we take a closer look at its plans for growth, how it differentiates itself and what’s next. 30 new stores and 100 revamps The format has gone through significant recent evolution, following a relaunch of the brand in 2016, culminating in store developments such as Wellington Quay and Parnell Street, in Dublin, the winner of our innovative store...
08 February 2018
We’ve recently spent some time exploring the latest concepts and innovations in Ireland’s capital. Here are some of our key takeaways: 1. New levels of fusion of retail and food-to-go Dublin has established a great reputation as a market in which retailers have developed compelling and inspirational food-to-go offers, and  development continues apace. Even in the past six months, signific...
25 January 2018
2018 has begun with a bang, as we already see growing evidence of some of our key trends coming into play. Now admittedly it’s only January, a month in which the best of intentions for the year feed through into a wave of healthy eating activity, but this year feels very different from a number of aspects. And we see healthy eating as becoming an increasingly key consideration for consumers, w...
06 July 2017
Leading Irish wholesale distributor and retail brand owner, Musgrave has reported its financial results results for the full year 2016, with turnover unchanged on €3,731m.  Nevertheless profitability improved significantly in the year, as group operating profit was up by over 55%, reaching €95.1m. Retail networks achieved sales of €5.1bn Across its affiliated store groups, Musgrave supplied...
21 June 2017
We had a great day at the Convenience Retailing Summit earlier this month where we heard insightful case studies from leading retailers and suppliers in the channel. To provide you with a roundup of the day and in case you missed it, here I outline the key themes: Looking ahead Our Chief Economist, James Walton, and Head of Retail Insight, Guy Ousey, opened the day with an overview of the...
22 March 2017
IGD's food-to-go guru Gavin Rothwell shares his key insights from a recent visit to assess the food-to-go landscape in Ireland. 1.   Convenience stores can lead in food-to-go Dublin is full of great stores, and the leading Centra and Spar stores are a class apart from even the best convenience stores in most other markets. An overwhelming desire to be seen as a highly credible food-to-go d...
04 January 2017
Gavin Rothwell, Senior Insights Manager at IGD, kick starts our 2017 coverage of food-to-go by sharing our view of the key trends to look out for. 1. The rise and rise of health and wellness Yes, it's January, a time when health always comes to the fore, but a combination of forces are leading us to believe that health will scale new heights in 2017. Health awareness has never been higher, a...