It was announced today that Supervalu plans to invest €28m this year, opening five new stores and adding 350 jobs to the SuperValu network.
This comes after they announced record retail sales of €2.6 billion in 2015. The grocery retailer drove strong growth throughout 2015, particularly at Christmas as it outperformed the market with 4.3% growth over the last twelve weeks of the year.
Commenting at the SuperValu National Conference in Killarney today, Martin Kelleher, Managing Director of SuperValu said, "We are pleased to announce that we have achieved a new sales milestone in what is a highly competitive marketplace.
"The fact that we are the largest grocery retailer in Ireland clearly illustrates that we have the best offer in the market, with consumers responding to our commitment to fresh food leadership and opting for locally-sourced, quality Irish food and in-store expertise."
Source: www.businessworld.ie
