Retail news round-up: Supervalu maintains its top place in the Irish grocery market, and e-marketplace Trouva’s monthly sales are up
Supervalu retains top ratings in Irish grocery market
Supervalu, which pushed Tesco from the top place last year, has a 22.4% share of the Irish grocery market, with sales rising 3.1%.
Dunnes Stores and Tesco each now have a 21.6% share of the country's market, according to Kantar Worldpanel.
The value of sales at Dunnes Stores during the 12 weeks to September 11 leapt 6.3%, compared with a 2.3% fall at Tesco.
German hard discounters Aldi and Lidl managed to grab a 11.4% and 11.7% share of the multi-billion-euro grocery market respectively.
"Larger trips have boosted sales for Dunnes, with the average spend increasing by €2.50 to €37.20 in the latest quarter, compared with the same time last year," said Kantar Worldpanel’s director David Berry.
Trouva reveals monthly sales growth of 50% in first year
Online marketplace Trouva’s monthly sales jumped by 50% in its first year of business, the Evening Standard reported.
The start-up, which allows independent boutiques to sell online without having to make heavy investments, said demand has been strong in its first year, with some of its 160 partner boutiques having reached sales of more than £75,000.
Trouva’s chief executive and founder Mandeep Singh said the company was preparing to expand.
“Our focus to date has to been to build our community of retailers in the UK and establish our core proposition. As we look forward to next year, we plan to expand our boutique network internationally to Europe and beyond.”