Musgrave news

22 December 2016
Irish wholesale retailer Musgrave, the company behind SuperValu and Centra, has struck a deal with the Alibaba Group to export products direct to consumers in China. Flagship SuperValu virtual storefront on Tmall Global Musgrave will open a flagship SuperValu e-commerce storefront on Tmall Global, making it the first Irish retailer with a presence there (UK retailers Sainsbury's and Waitr...
25 February 2016
Musgrave owned retailer SuperValu has underlined its position as Ireland's leading grocery retailer after growing sales from €2.58bn in 2014, taking 25% share of the total market share, serving 2.6million customers each week. The company plans to expand its store numbers by adding five new stores to its existing 221 stores with investment of €28m. Fresh food leadership SuperValu attributes ...
03 September 2015
The UK Competition and Markets Authority has announced that it has cleared Booker's acquisition of Musgrave's Great Britain operation comprising the Londis and Budgens symbol group businesses.   The deal, which will boost Booker's sales to some £5.6bn, is expected to complete before 14 September.  Following the announcement of the decision, Booker has brought forward its September trading ...
20 August 2015
Budgens has spoken positively of the impact of the roll out of a concept store redesign across a number of its stores in an interview of its Brand Director Mike Baker with The Drum. A new format to compete in a different market segment The ever increasing pressure in UK grocery retail has seen the independent grocer assess its customer offer. Following a successful initial trial in Broadfie...
12 August 2015
Musgrave Group has reported improved results for the financial year ending 27 December 2014 and predicted a return to profit in 2015 as the business begins to benefit from a multi-year transformation plan and a recovery in the Irish economy. Sharp reduction in losses The Ireland-based symbol group and wholesaler recorded sales of €4.6bn (0.7% down on 2013), which after exceptional items, pr...
21 July 2015
Musgrave Group has announced that Mark Aylwin, formerly managing director of Booker Direct, has been appointed managing director of its Great Britain division; which includes the Londis and Budgens symbol group networks.  He will succeed Peter Ridler, who is leaving to take up the role of international director with clothing retailer White Stuff, in August. A return to Musgrave Following a ...
22 May 2015
Store numbers across the convenience channel continue to rise, with many groups and retailers adding a considerable number of new sites over the latest 12 months, according to the latest data from IGD Retail Analysis and William Reed Business Media. However, further growth was moderated by rationalisation amongst certain retailers. Number of stores 2014 Number of stores 2...
21 May 2015
Leading UK wholesaler Booker has agreed a £40m deal to buy the operations of Musgrave Group in Great Britain.  Boosts sales by around one-fifth The move significantly bolsters Booker's role in UK wholesaling and its symbol group presence, through bringing Musgrave's Budgens and Londis formats into the Booker stable. In 2014 Musgrave GB's sales were £833m (£504m from Londis and £329m...
25 March 2015
Q1 2015 has seen some major changes to several UK retailers' senior teams as the grocery industry faces yet another challenging year. Here we summarise the most significant changes. Asda Asda CEO and president Andy Clarke has streamlined his senior team by promoting existing directors to drive forward the strengthening the Asda brand: Barry Williams has been promoted to chief...
23 February 2015
Major Irish supermarket network SuperValu, supplied by, and affiliated with, distributors Musgrave, saw its total retail sales boosted to €2.58bn in 2014, helped by the integration of the 24 former Superquinn supermarkets as of last February.  The network now holds almost 25% share of the Republic of Ireland grocery market and serves over 2.6 million customers a week. Overall, sales grew by 23%, ...