Tesco consolidates dominant position as growth in grocery market slows

Tesco is consolidating its dominant position in a slow-growing Irish grocery sector, capturing a record 28.2% market share in the 12 weeks ending Jan 22.

Tesco’s 2.8% growth in the Irish grocery market — lifting its share from 27.5% a year ago to 28.2% — is against a background of negligible growth in the sector as reported in the latest grocery market figures from Kantar Worldpanel Ireland.

Kantar reports that the overall market is up just 0.2%, down from the 1% market growth posted following the strong Christmas trading period.