Consumers are still spending more on groceries than pre-pandemicThe multi-billion euro Irish supermarket grocery market has shrunk compared to a year ago as easing restrictions give consumers a broader range of retail options for spending their cash. But despite the latest decline, consumers are still splurging on groceries, with sales remaining well above pre-pandemic levels. “While grocery sales may have dipped… that does not reflect a tough comparison against the unprecedented spend we saw this time last year,” said Kantar retail analyst Emer Healy. Tesco is ranked second, with a share of 21.6pc, while Dunnes Stores had a 21.2pc market share in the latest period. Grocery market inflation stood at -0.7pc for the 12 weeks to May 16.

Source: Irish Independent June 01, 2021 11:26 UTC