Despite slipping into third place behind SuperValu and Dunnes Stores in Ireland’s grocery market, the head of Tesco’s Irish unit stressed the business was making good progress following a difficult few years.
Whilst Tesco reported its first full year sales rise in the UK for seven years, like-for-like sales in Ireland edged down 0.1%. The decline was brought on by a disappointing last quarter, which saw sales fall by 1.3%. However, the first three quarters of the year saw Tesco Ireland record like-for-like sales increases of 0.3%, 0.1% and 0.5%.
Tesco Ireland said yesterday that it continued to experience strong volume growth, including in its core fresh categories. Andrew Yaxley, CEO Tesco Ireland, said: “We have seen significant progress over the last 12 months and since we launched our purpose ‘serving Ireland’s shoppers a little better every day’.
“We traded well over key seasons and we continue to see strong growth in Tesco own label lines with sales increasing for the full year.”