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Superquinn slips down the market

SUPERMARKET firm Super-quinn has slipped back on the market share of grocery stores in Ireland in the weeks running up to Christmas.

The Irish company, which had just 5.3pc share, now ranks behind both Aldi and Lidl, each of which had a 6.2pc share.

Tesco remains the country's biggest grocery retailer, with its share of the €14bn market having risen 0.2 percentage points to 27.9pc, according to data from Kantar Worldpanel.

And although Dunnes recovered slightly in the period, it is struggling to catch up with its large peer.

David Berry, commercial director at Kantar Worldpanel, said that Dunnes' fortunes had "begun to improve this month", but that despite sales growth it is still trailing behind the market.

But it is discount retailers that are cleaning up with consumers -- Aldi boosted its year-on-year share by nearly a third.

Meanwhile retail group Musgraves, who own the Superquinn chain, has completed a deal to purchase two Supervalu stores in Thomastown, Co Kilkenny, and Clonmel, Co Tipperary.

The stores went into receivership in 2011 and Musgraves had worked with receivers Farrel Grant Sparks to keep the stores open.