VIVO EXTRA - Neighbourhood Retailer https://neighbourhoodretailer.com The authoritative voice of the grocery industry in Northern Ireland Wed, 23 Aug 2023 09:52:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://neighbourhoodretailer.com/wp-content/uploads/2020/05/cropped-NR-SIte-Icon-2-32x32.png VIVO EXTRA - Neighbourhood Retailer https://neighbourhoodretailer.com 32 32 178129390 Mid-Year Symbol Review: Symbols remain steadfast amongst savvy shoppers https://neighbourhoodretailer.com/mid-year-symbol-review-symbols-remain-steadfast-amongst-savvy-shoppers/ Wed, 23 Aug 2023 09:52:46 +0000 https://neighbourhoodretailer.com/?p=29513 The symbol store sector here is unique, with a precious place on the fabric of every community, both urban and rural, which has evolved over

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The symbol store sector here is unique, with a precious place on the fabric of every community, both urban and rural, which has evolved over the past 50 years to the extent that a town, village or city without its symbol is simply unimaginable in 2023.

Consumers like names they can trust and symbol groups are the perfect combination of local faces with trusted brands, thus encouraging return trade and a relationship between shopper and store.

The latest data from Kantar Worldpanel to 14th May 2023, shows the Northern Irish grocery market saw sales grow by 8.5% in the year to 11th June 2023, with shoppers spending an additional £308.4 year-on-year.

With grocery inflation at 16.1% for June, the average grocery bill is set to rise by £840, from £5221 to £6061 if consumers don’t make changes to what they are buying.

But shoppers are savvy, and are continuing to look for ways to manage household bills and as part of this, they are returning to store more often, picking up less each time.

What they are choosing to buy is also changing, as own-label items now account for a bigger share of the sector year-on-year. Indeed some €2.9 billion was spent on own-label groceries in NI in 2022 (estimated), with Mintel noting that 71% of Northern Irish consumers avoided buying premium products due to the cost-of-living crisis in 2022.

“Irish shoppers have felt the impact of increased grocery prices in 2022, and have shifted their shopping behaviour accordingly, with a greater level of consumers reporting that they are avoiding premium brands and many using more own-label brands and discounter retailers,” said Brian O’Connor, Senior Consumer Analyst at Mintel.

Convenience is key and is fast becoming the cornerstone of everyday life. Gone are the corner shops of yesteryear. It’s all about the customer experience – and symbol stores have taken that concept to heart – by making the efficiency and ease of shopping at the core.

The symbol sector has actively capitalised on making the ‘shopper experience’ at the centre of their business ethos – smart, stylish, well lit, clean, clear labelling – with value for money being the driving force – this savvy sense of driving the sector forward has its roots in research, category management, and sound business sense.

THE SHIFT TO SYMBOLS

Retail analysts are identifying a clear shift in consumer behaviour and attitudes that is favouring the convenience sector.

On average, shoppers are returning to store nearly 17 times more, but are picking up less volume -2packs when compared to this time last year.

These new attitudes towards grocery shopping are supporting growth in the convenience sector, meaning retailers should adapt to drive change and keep pace with these new shopper behaviours.

These trends are presenting the symbol sector with a new raft of opportunities. Along with technology developments, it’s a clear response to customer needs and demands. It’s being predicted that these trends are likely to continue to evolve rapidly over the next five to 10 years.

Travel and movement patterns have altered in recent years, with more people working from home, resulting in people travelling on the road at different times of day. These pattern shifts are also changing the way consumers view and use convenience stores – but most importantly, consumers want the assurances and certainty that a recognised symbol secures – that meets their expectations.

THE ’CONSUMER EXPERIENCE’

At the cutting edge of change, the symbol sector is creating great shopping experiences for consumers, alongside the essential services and facilities they are known for.

The Henderson Group, which boasts some 500 stores across Northern Ireland – a mix of company-owned and independent retailers – has committed to significant investments throughout 2023, with a capital programme of over £60 million to be invested.

“We are a successful, independent, family-run, family-owned business and we have an ethos and culture of continual reinvestment to drive the business,” said Paddy Doody, Sales and Marketing Director.

“That’s about partnering with our independent retailers, investing in their business, investing in new stores, investing in promotional and price activity to give better value to the shopper, and investing in our infrastructure.”

‘Shoppers in Northern Ireland spent an additional £6.7 million in symbols versus last year, with 76.7% of Northern Ireland households purchasing their groceries in a symbol group over 2023’

As food and drink prices continue to climb, with average prices up 10.1% compared to last year, the impact on shoppers’ budgets is unavoidable for many Northern Irish consumers.

As shoppers look for ways to manage costs, many are turning to cheaper alternatives such as retailer own-label lines, where sales are up £193 million compared to last year and versus branded products, which are up £119m year-on-year.

All retailers are seeing year-on-year growth in the latest 52 weeks. Total symbols are seeing the slowest growth among retailers, at 2.4% year-on-year.

Shoppers in Northern Ireland spent an additional £6.7 million in symbols versus last year, with 76.7% of Northern Ireland households purchasing their groceries in a symbol group over 2023.

On average shoppers pick up groceries in a symbol group 65.3 times over the course of the year, which is down only slightly, at 0.1% on last year.

LOOKING TO THE FUTURE

Retailers will need to continue to make efforts to be more sustainable, as 78% of Northern Irish consumers noted they consider their lifestyle to be environmentally friendly to at least some degree, notes Mintel.

Some 71% of Northern Irish consumers believe that unless there are changes from big businesses, the planet cannot be saved. As such, grocery retailers that can successfully display green/ethical initiatives to support sustainability, will likely appeal more to shoppers.

With more consumers struggling to justify ‘splashing out’, adding a sustainable angle to grocery shopping may help to alleviate any ‘buyers’ guilt that consumers might feel in splashing out in a time where they may feel they need to deny themselves luxuries.

Having set out to achieve a 12% carbon reduction by the end of 2023, SuperValu and Centra retailers have achieved a 9% carbon reduction, a year on from the launch of the €25m Musgrave Sustainability Fund.

In June last year, Musgrave announced the first of its kind €25 million sustainability fund aimed at realising this target and reducing emissions across its operations, ultimately to achieve net zero by 2040. In order to reduce emissions to net zero by 2040, Musgrave is aiming to achieve a 46% reduction in carbon emissions (Scope 1 and 2) by 2030.

Ian Allen, Managing Director of SuperValu and Centra said: “Our stores are at the heart of communities around Ireland, and we are proud that our network of SuperValu and Centra retailers are on track to reach our carbon reduction goal by the end of this year.

“Our retailers have shown real passion and enthusiasm to continue to lead by example and implement sustainability measures across their leading supermarket and convenience stores.”

Retailer Philip Woods, who operates four SuperValu and Centra stores in the Armagh and Portadown areas, has invested £660,000 to reduce his store’s carbon emissions and make them more sustainable, supporting brand owner Musgrave Northern Ireland’s sustainability goals.

Investing in new energy efficient refrigeration, LED lighting, and solar panels, the retailer has also been supported by Musgrave NI’s £3.6 million Sustainability Fund.

Mr Woods is the first retailer in Musgrave NI’s network to use the Sustainability Fund for solar panels, which have been installed by local company Solmatix into SuperValu Fruitfield, Richhill and Tandragee, plus Centra Dobbin Road.

The solar panels will reduce carbon emissions by saving a predicted 49 tonnes of CO2 across the four sites each year helping to achieve Musgrave NI’s overall target of net zero carbon by 2040. This is the equivalent to planting 1,856 trees.

 

TO VIEW THE FULL MID-YEAR SYMBOL REVIEW IN THE NEIGHBOURHOOD RETAILER JULY ISSUE, CLICK HERE

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Henderson Retail continues investment into stores with sixth opening this year https://neighbourhoodretailer.com/henderson-retail-continues-investment-into-stores-with-sixth-opening-this-year/ Wed, 16 Aug 2023 14:22:15 +0000 https://neighbourhoodretailer.com/?p=29492 Henderson Retail has officially opened its sixth new-look store this year, EUROSPAR Donaghadee Road in Newtownards, revealing an all-new community supermarket that has doubled in

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Henderson Retail has officially opened its sixth new-look store this year, EUROSPAR Donaghadee Road in Newtownards, revealing an all-new community supermarket that has doubled in size.

The opening is the latest in the company’s ambitions to expand its supermarket portfolio with the EUROSPAR brand, having delivered community supermarket transformations in Killyleagh, Donaghmore, Dungannon, Holywood Road and Larne, in the past few months.

This is the 50th Henderson Retail supermarket out of a total of 104 SPAR, EUROSPAR and ViVOXTRA branded stores operated by the company in Northern Ireland.

EUROSPAR Donaghadee Road’s eight new jobs brings the total number of new retail jobs created by the company so far this year to 140, including new SPAR stores and redevelopments in Ballygowan and East Belfast.

CUSTOMER OFFERINGS

With the refits, expansions and new builds, Henderson Retail has delivered additional floor space, energy efficient refrigerators and ambient shelving to allow space for over 2,000 additional products including an even wider selection of fresh and local products, delivering on Henderson’s ambition to primarily source from local food suppliers. The ranges include SPAR NI’s popular own brand The Kitchen, created with 11 local food producers, providing tasty ready to heat and eat meal options.

In addition, the new EUROSPARs also offer shoppers even more value in-store when they need it most, thanks to initiatives Henderson Group has invested in, such as Tesco Price Match, which matches prices on over 1,000 products. Shoppers can also fill their trolleys for Tonight’s Tea for less with Weekly Mega Deals, which sees significant price cuts on everyday essentials and many household brands.

EUROSPAR stores provide a hub for their local communities, with the store teams channeling their efforts into fundraising for a long list of community groups and local charities every year. EUROSPAR partners with Cancer Fund for Children, holding multiple fundraising events for stores to take part in, while individual stores have been engaging with organisations and community groups in their local area.

EUROSPAR Killyleagh, which officially opened in June, creating 26 new jobs and providing the only supermarket in the area.

WORKING WITH COMMUNITIES

The team at EUROSPAR Donaghadee Road recently got together to clean up their local community as part of Henderson Group’s Keep Communities Tidy campaign, picking up 26 bags of rubbish along Donaghadee Road and surrounding areas.

Mark McCammond, Retail Director at Henderson Group said: “We are thrilled to open our latest EUROSPAR in Newtownards, our sixth opening of the year so far, all of which are following our ambitions to bring high quality services and a wide selection of local products to our shoppers, as well as offering even more value on shoppers’ doorsteps when they need it most.

“The new and transformed stores have already become central to their local communities, bringing new job opportunities for those in the local area as well as fundraising for local charities and organisations, and getting to know shoppers individually, providing a friendly face in the community.

“We’ve had an amazing response and shoppers are feeling the benefits of having a community supermarket on their doorstep already. They are a prime example of the value prices, community hub and abundance of fresh food supply that our stores provide, thanks to our continued support of local suppliers.

“We’re looking forward to unveiling the further store projects that we have in the pipeline for 2023 as part of our continued investment.”

EUROSPAR Linn Road in Larne following a recent extension that doubled the size of the store.

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SPAR NI’s 12 Deals of Christmas returns with full festive vibes https://neighbourhoodretailer.com/spar-nis-12-deals-of-christmas-returns-with-full-festive-vibes/ Mon, 10 Oct 2022 13:49:06 +0000 https://neighbourhoodretailer.com/?p=25232 Over 500 SPAR, EUROSPAR, ViVO, ViVOXTRA and ViVO Essentials retailers in Northern Ireland are participating in Henderson Wholesale’s annual 12 Deals of Christmas campaign, as

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Over 500 SPAR, EUROSPAR, ViVO, ViVOXTRA and ViVO Essentials retailers in Northern Ireland are participating in Henderson Wholesale’s annual 12 Deals of Christmas campaign, as it returns for 2022.

The festive initiative runs until 18 December, promising huge value deals on high demand products, including one week of double deals. Participating retailers can expect a spike in sales, with data from 2021 showing a 20% growth in sales from the previous year.

12 Deals of Christmas has become Henderson Wholesale’s flagship footfall and sales driving initiative for its stores, which sees the wholesaler invest around £1.7m to provide the cut price deals for retailers to offer shoppers.

Since its inception in 2016, retail sales have experienced growth of over 67% after generating over £5.9M sales in 2021.

The campaign takes on more meaning this year as millions of households across Northern Ireland are feeling the effects of rising household costs, as the cost of living crisis.

Sara Murphy, Marketing Manager at Henderson Group says this was ever present when creating the campaign for 2022; “We have retailers in every city, town, village and community across Northern Ireland, whose shoppers rely on them to be trusted and provide value where they possibly can. This year we launched Mega Deals, where shoppers can take advantage of a vastly cut price, high demand product each week, which our research shows is helping shoppers with their essential shops through the week.

“Christmas is weighing heavily on consumers’ shoulders this year, so we are conscious that our deals will have quite an expectation to help towards that long shopping list for the festive season. 12 Deals comprises a total of 13 products across 12 weeks that can not only be stored away for Christmas but will also be useful for any day use in the run-up when budgeting is even tighter.”

Shoppers agree, with over 80% stating SPAR’s 12 Deals of Christmas campaign offers were better than supermarket prices according to its research, with 71% saying the campaign would make them want to shop at SPAR, EUROSPAR and ViVO branded stores more often.

Sara continued; “The direct feedback from shoppers, alongside the sharp sales growth over the past six years, shows this is a campaign that resonates and delivers for retailers. There is a deal for everyone, and the anticipation for the 2022 deals is great. We’re excited for them to land in stores in the run up to Christmas.”

Retailers will also benefit from a fully integrated marketing campaign, marking an investment of over £525,000 alone. TV ads will feature families who have gotten carried away with the deals, unable to resist a bargain, while adshels and 48-sheets will complement radio and social media activity, engaging with some of Northern Ireland’s most well-known faces.

Over 500 SPAR, EUROSPAR, ViVO, ViVOXTRA and ViVO Essentials retailers in Northern Ireland are participating in Henderson Wholesale’s annual 12 Deals of Christmas campaign, as it returns for 2022.

The festive initiative runs until 18 December, promising huge value deals on high demand products, including one week of double deals. Participating retailers can expect a spike in sales, with data from 2021 showing a 20% growth in sales from the previous year.

12 Deals of Christmas has become Henderson Wholesale’s flagship footfall and sales driving initiative for its stores, which sees the wholesaler invest around £1.7m to provide the cut price deals for retailers to offer shoppers.

Since its inception in 2016, retail sales have experienced growth of over 67% after generating over £5.9M sales in 2021.

The campaign takes on more meaning this year as millions of households across Northern Ireland are feeling the effects of rising household costs, as the cost of living crisis.

Sara Murphy, Marketing Manager at Henderson Group says this was ever present when creating the campaign for 2022; “We have retailers in every city, town, village and community across Northern Ireland, whose shoppers rely on them to be trusted and provide value where they possibly can. This year we launched Mega Deals, where shoppers can take advantage of a vastly cut price, high demand product each week, which our research shows is helping shoppers with their essential shops through the week.

“Christmas is weighing heavily on consumers’ shoulders this year, so we are conscious that our deals will have quite an expectation to help towards that long shopping list for the festive season. 12 Deals comprises a total of 13 products across 12 weeks that can not only be stored away for Christmas but will also be useful for any day use in the run-up when budgeting is even tighter.”

Shoppers agree, with over 80% stating SPAR’s 12 Deals of Christmas campaign offers were better than supermarket prices according to its research, with 71% saying the campaign would make them want to shop at SPAR, EUROSPAR and ViVO branded stores more often.

Sara continued; “The direct feedback from shoppers, alongside the sharp sales growth over the past six years, shows this is a campaign that resonates and delivers for retailers. There is a deal for everyone, and the anticipation for the 2022 deals is great. We’re excited for them to land in stores in the run up to Christmas.”

Retailers will also benefit from a fully integrated marketing campaign, marking an investment of over £525,000 alone. TV ads will feature families who have gotten carried away with the deals, unable to resist a bargain, while adshels and 48-sheets will complement radio and social media activity, engaging with some of Northern Ireland’s most well-known faces.

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