Tesco's grocery market share continues to fall

Monday 01 September 2014 12.34
Tesco is still the biggest retailer in Ireland - but by an increasingly slim margin
Tesco is still the biggest retailer in Ireland - but by an increasingly slim margin

Tesco’s market share has continued to decline in Ireland with discount retailers Aldi and Lidl the main beneficiaries, according to the latest Kantar Worldpanel figures.

In the twelve weeks to 17 August, British retailer Tesco had a 25.4% share of Irish grocery spend. That compares to a 27% share in the same period of last year.

Supervalu was the next biggest retailer in terms of market share with 25%, though this was down slightly year-on-year.

Dunnes Stores, meanwhile, had a 21% share during the three month period – largely steady with its performance a year ago.

German discounters Aldi and Lidl were the only real winners in the period, however, with both seeing significant gains in market share compared to August 2013.

Lidl took 8.5% of grocery spend in the three months to mid-August, according to Kantar, compared to 7.7% last year.

Aldi was close behind with an 8.4% share; up from 7.4% in August 2013.