Kantar Worldpanel - Neighbourhood Retailer https://neighbourhoodretailer.com The authoritative voice of the grocery industry in Northern Ireland Tue, 15 Oct 2024 15:21:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://neighbourhoodretailer.com/wp-content/uploads/2020/05/cropped-NR-SIte-Icon-2-32x32.png Kantar Worldpanel - Neighbourhood Retailer https://neighbourhoodretailer.com 32 32 178129390 Back-to-school boosts frozen meals and confectionery sales surge ahead of Halloween https://neighbourhoodretailer.com/back-to-school-boosts-frozen-meals-and-confectionery-sales-surge-ahead-of-halloween/ Tue, 15 Oct 2024 15:21:28 +0000 https://neighbourhoodretailer.com/?p=33796 Grocery inflation now stands at 4.98% for September, marking the 13th consecutive month of declining inflation, reaching levels last seen in August 2022. In the

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Grocery inflation now stands at 4.98% for September, marking the 13th consecutive month of declining inflation, reaching levels last seen in August 2022.

In the year to 29th September 2024, £4.34 billion passed through the tills, up 4.6% year-on-year, representing an additional £190 million compared to last year.

Take-home grocery sales grew as shoppers marginally increased volume per trip alongside more frequent trips to stores, which contributed a combined £51.7 million to overall performance.

“The latest 12 weeks saw shoppers fully return to their routines, with many preparing for back-to-school,” said Eimear Faughnan, Kantar’s Worldpanel Head of Retail.

“Shoppers spent an additional £1 million on biscuits and as routines became busier, sales of frozen meal solutions grew by 3.7%. The Halloween aisles were hard to resist, and sales of confectionery jumped, with shoppers spending £2.3 million more compared to last year,” added Eimear.

Meanwhile, brands regained presence in Northern Irish households this month, surpassing own-labels ranges and holding a 55.3% value market share, with shopper spending increasing by an additional £147 million year-on-year. Own-label products remain an important part of retailer offerings, growing slightly in value by 2.9% year-on-year.

Tesco maintained its position at the top of the table as Northern Ireland’s largest grocer, with a 35.6% share of the market, up 6.1%. Tesco continues to benefit from more frequent trips, contributing an additional £118 million to its overall performance.

Lidl held a 9% market share, up 3% year-on-year, contributing £11.5 million to their overall performance. Sainsbury’s held a 16.6% share, up 4.7%, and saw more frequent trips, contributing an additional £56.4 million to its overall performance. Asda holds 16.4% market share, up 7.2% this period, welcoming new shoppers alongside larger trips, which contributed an additional £51.5 million overall.

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