Supervalu has become the second biggest grocer in Ireland, according to the latest figures from Kantar Worldpanel, following the rebranding of Superquinn stores.

In the 12 weeks to 2 March, Supervalu accounted for 25.3% of the total take home grocery spend in the country - unchanged from the combined share of Supervalu and Superquinn in the same period of 2013.

This put the retailer second to British chain Tesco, which had a share of 26.4% in the 12-week period; down 4.9% on a year ago.

Dunnes Stores also saw its share fall, down 4.7% to 22.4% in the 12 weeks to the start of March.

Meanwhile the country’s two main discount chains - Aldi and Lidl - have both seen another considerable rise in market share.

In the 12-week period recorded, Aldi accounted for 7.5% of total spend - up 22.8% on last year - while Lidl accounted for 7% - up 11.6%.

Overall, grocery spend during the 12 weeks was down 0.6% when compared to the same period of 2013, the weakest performance in the market since September 2011.