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SUPER VALU MOVED ahead of Dunnes Stores in grocery sales last month as supermarkets continued to see a boost in revenues as a result of the lockdown.
Over the past 12 weeks shoppers have spent almost €3 billion, €440 million more than the same period last year and a 17.2% increase.
Supermarket alcohol sales are €47 million ahead of where they were in 2019, a 70% increase.
The latest grocery market share figures from Kantar have shown that shoppers have increased their monthly spend by an average of €118 per month.
With more people staying at home and potentially having more time to cook from scratch, sales of ready meals are in decline while 50% of all households have bought baking supplies in the past four weeks.
Supermarkets are reporting that sales of flour are up by 52% while sugar is up by 43%.
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“In the absence of dinners with friends and lunch on the go, many more meals are being eaten in the home and grocery sales have risen accordingly,” Kantar Ireland’s managing director David Berry said today.
But social distancing means people are less likely to be buying categories like clothes, food on the go, and general merchandise – which means, for some retailers, the overall picture will be more modest.
Lidl was the fastest growing of all the retailers during the full 12-week period, boosting sales by 22.1% and increasing its market share to 12% while Aldi grew by 15.6% to hold an 11.8% share.
Over the past month however, SuperValu’s larger number of stories saw it benefit from shoppers choosing to visit outlets closer to home, being the only retailer not to experience reduced footfall compard to March.
It meant that, in the 12 weeks to the end of April, Super Valu grabbed the largest market share at 22.2% of the total spend.
In a statement this afternoon, Super Valu hailed staff at its stores for their work during the Covid-19 pandemic and also said that the implementation of “protective measures such as plexiglass at tills” have helped to keep sales high.
“Our robust supply chain ensured that shelves remain fully stocked from the outset of the crisis. These measures mean that shoppers can always buy groceries without making multiple trips,” the statement said.
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Noonan said that it was meant to be temporary, but made it permanent nonetheless. I think the quote was ‘Its going to be part of the personal taxation code for the foreseeable future”
According to previously released figures by the Department, here’s an approximate estimate of how much a 1 per cent cut – which cost the exchequer up to €370 million in a full year – would benefit people at various income levels:
A person earning €25,000 would be €75 better off annually
A person earning €35,000 would be €175 better off annually
A person earning €50,000 would be €325 better off annually
A person earning €70,000 would be €525 better off annually.
No thanks to Noonan and Kenny, 150 thousand voters voting with their feet on the streets of Dublin,and the scared rat bags in the Dail have made us all evenly better off to the tune of anything from 1000-2000 Euro -thanks to the annual water tax bill having been garotted (carrot-ed.?) for four years to 250 Euros-until 2018.
Stuff your petty bribes where the sun don’t shine,give us the right-to-water-forever-more referendum,and abolish “Irish Water”.!
The farmers have already been bought.
No commercial water charges for the rest of their lives.!
Irish Water has recently released information on the proposed billing regime for Ireland’s numerous farmers-both rich and poor alike.
As it is impossible (they say) to place two meters on the supply pipe for each farmer,the commercial usage meter presently on farms nationwide, will be used to measure both domestic and commercial usage.?
How can this be.??
The plan is, that Irish Water will issue their own “domestic usage” bill and the farmers will continue to receive their “commercial usage” bill from the 31 local authorities.
There are,however, as many as 500 different tariffs across the country’s local authorities,and no changes to create a uniform tariff are to take place until “at least next year”.
Farmers, we are informed,currently receive a very generous allowance of free “domestic use” water-up to 220,000 litres.!
This would be worth approximately 1100 Euros annually, under the now postponed tariff regime (which will be applied to all other consumers in towns and cities in four years time.)
No worries for farmers however.
Their domestic consumption bill will be sent by Irish Water,from now on in.
It will now be capped at 160 euros yearly for a solitary farmer..and 260 euros if he has a wife and six children…
He can reduce this by 100 Euros under the carrot and stick plan (the so called “conservation grant”)
Can somebody explain how the local authorities will calculate the “Commercial usage” bill.?
All the water will issue from the same pipe and flow through the same meter.
The “domestic usage” water consumption charge is a token one,for at least the next four years.
There is no “cap” on it’s consumption,and no charge no matter how much is used.
How do the local authorities propose to calculate the bill for the “commercial usage” as distinct from the “domestic usage”.?
If,like Anglo Irish bankers of old-the 31 different local authorities just pluck figures out of their arses, and bill the farmers; will these bills be legally enforceable in law; and-more important-in the unlikely event that they are,and the farmers contest their validity;-will these self employed citizens be pursued by Revenue,under the Draconian new legislation which will permit Revenue to enforce employers to deduct all such unpaid bills from their employees wages.?
Kath Dowd, that is probably not true in a majority of cases. Seems to me it would exceed both of those by a comfortable margin for many families Unless you are living in a castle and earning minimum wage while constantly leaving the tap on.
Your right we should all sell massive amounts of houses to each other so the government can raise all its taxes through stamp duty again. There was never a flaw in that plan….
Ah, yes, great. Dear boss/shopkeeper, I’m sorry I had to steal 7% of your profits for the last few years; my neighbour had gambling debts. From next January, I promise I’ll only take 6%, ok? Grand so…..
Well the neighbours gambling debts were only part of it. Spending more than I was earning in recent years was also a big chunk of it too. Almost half in fact:
Pre-crisis (2007) national debt – €37.6bn, 19.5% – one of lowest rates of public sector debt in the EU.
2008-2013 deficit-related debt – €94.9bn, 49.2% Recession and housing collapse led to significant fall in tax revenues as government received lower income tax, property tax and VAT.
Banking-related Debt – €60.5bn, 31.4% – cost of bailing out banks, led to record budget deficit of 32% of GDP in 2010.
“Noonan claimed it was nothing to do with the next general election… always that 1% who will believe that!”
Noonan knows that the last fool has not been born yet..and quiet a few of them live on the Island of Ireland.
Who are you voting for then? Comments like these are useless unless you offer some alternative.
They’ve done some good at least after the utter carnage FF left behind.
in my area ill be voting for Paul Murphy (AAA), Sarah Holland (SF), Sean Crowe (SF), Dermot Looney (IND) and anyone else in favour of a more equal society where we treat our most vulnerable with respect
Last years tax cuts and the planned cut in the USC have one thing in common, they both benefit the better off more. They are, once again, looking after the haves and have mores rather than the working poor.
One way of looking at it. The other way is that cutting income tax rates benefits people who work. Incentivising people to get out there and get a job.
We have a progressive income tax system, but that doesn’t necessarily mean we have a progressive tax system. Due to our small population and a desire not to disincentivise labour too much, we have a lot of indirect taxes to complement our income taxes. Indirect taxes, such as VAT, excise, motor tax etc. are inherently regressive, and the fact we opt for so many renders our tax system quite regressive.
And how many of that 37% are full-time workers? I work full-time on minimum wage and I pay income tax. As I should. But the problem is that the leap from part-time to full-time isn’t financially appealing because the extra few days take you over the threshold. Like wise if I work five extra hours in a given week there’ll be very little difference in my take home pay
Not strictly true, ForConnolly.
For those earning over 100K, the 1% drop in income tax from 41 to 40% was offset by a surprise INCREASE in USC from 7 to 8%!
Incidently, those earning over 100K (6% of the population) and pay 44% of the tax.
No it it is unfair taxation. 3 budgets ago they added an extra 1% to the self employed over 100k then they added to all over 100k claiming it to make it fair. Then they added an extra 1% to the self employed again!
I know you think that is fair enough on high incomes but self employed people take a lot of risks and don’t deserve higher taxes for doing well as we don’t get the dole or most other state benefits.
It’s also worth noting that there are many thousands of talented Irish people in well-paid jobs in foreign countries with more competitive income tax rates. The 52%/55% marginal tax rate is a major stumbling block in attracting these people back to work in this country meaning that the pool of such talented people is restricted.
This almost certainly results in an overall loss to the exchequer, but the politics of such a policy is good, which appears to be the main consideration.
Will it ever be any other way.?
Sadly many of the working poor do not bother to vote-as much as 50% of those elegible..
If Noonan can bribe even 25% of the electorate, the always consistent farmers and Fascists and public sector votes will do the rest- re-elect them.!
Give me back the pension levy and I’d be happy! We have paid this unfair levy for long enough. replacing the money taken from our pension reserve fund. Nobody should pay twice for their pension which is simultaneously being cut and taxed too.
Yup…its election time alright but this too little too late. The minority in ivory tower have made the lives of the vast majority hell for these last few years and that will never be forgotten..they should never get back into power and should have to live on a normal state pension when they retire. Their salaries should have suffered more drastic cuts instead of those minuscule reductions while they still claim expenses for everything conceivable ffs
Ah yes, doing a Bertie. Buying the election with money thats critically needed elsewhere.
And, of course, in the best FG tradition, the more you earn the more you benefit, the complete opposite of what society needs the most. Less than a week after tens of thousands of lone parents stand to beggared by this very same government to boot.
No it wouldn’t. A single person household will pay €60 per annum in water charges. A single person earning €25k will save €75 per annum with a 1% USC cut.
@Diarmuid You really think that water charges will cost 60 euro per annum? You deserve whats coming ….. we dont! Please pay up for you will never see 60 euro again …… be prepared to add another 0 to that by 5 years time ……. I actually think that whoever signs up to the toxic corrupt Quango #irishwater should continue to pay for this phantom service for the rest of their life. The rest of us will set up a STATE company and run the water system efficiently without all the cronyism and Party Hacks and Hangers On!!
Diarmuid in 3 yrs time the cap on water charges will be lifted and the real cost of supporting the bloated salaries and pensions of this quangos employees and managers will come to light. If the numbers that IW have stated are to be needed for investment in our water system alone are to be believed then the charges will rapidly spiral out of control, leaving working families struggling to wash their kids never mind feefing them
D H, I presume that you don’t pay your ESB bill either, what with the bloated pensions and salaries involved in that particular quangocracy. What’s that? Oh – you do.
As you said….’currently’, and even those figures are thanks to the success of the anti-water charge movement. The dogs on the street know that the cap is temporary and will probably be removed if FG get re-elected under the auspices of another makey up emergency.
I have just had yet another rent increase of 200euro. That is now 600euro over 3yrs!! in one hand and out the other. I won’t be paying for water to supplement the cost of having a roof over my head.
“I’m going to cut personal taxes in this Budget. I’m going to cut Universal Social Charge by at least 1%, and maybe by a bit more.”
Anybody else getting sick of Noonan acting and speaking like the benevolent Uncle when you visited him?
Talking to us like we are a bunch of children, and he is handing out sweets? I`m gonna give you these two red werther originals, and, maybe a lollipop if you are good.
Going by the above figures, those on higher incomes will be proportionately better off as a result of the cut. Makes more sense to enact policies that benefit lower earners more because the lower your income the more likely you are to spend your income domestically. In the age of internet shopping & ever decreasing trade tariffs this factor will become increasingly important IMHO.
Water charge is €10 a month. Same as a pack of smokes. Now when people are handed back more than the water charge they jump up and down. Some people are never happy unless they have something to be unhappy about.
njh will you get off your high horse. More than the water charge…..where are you getting that from??? They will take it back when we see the water charges rising considerably over the coming year. cop on to yourself
This type of sop is typical of the political parties who have run this country for years and is testament to the absolute contempt that they hold for the intelligence of ordinary voters. Noonan may as well be saying (and probably is) “this crowd of idiots are so stupid that I can destroy their lives for five years and then twist them round my finger to vote for me again at election time. And then do the same again.” If people vote for this shower at the next election, then they deserve all they get – or don’t get.
Pension increase came at insistence of public service unions Government wanted to give them a pay increase but they insisted in reduction of public service pension levey
Maybe you can increase the minimum wage so I can pay for taxes to the state? I mean you set up a council specifically to look at the minimum wage when any economist will tell you 11:45 ( living wage) is what’s required
I would be in favour of further hikes in the cut-off point to become eligible for payment, easing the burden on our poorest citizens. I see no point in giving someone on 70K a year a benefit of 500. Worse is the fact that this will end up giving someone earning 150K or 200K proportionally more than those at 20K.
As it is this measure will put more money in the pockets of those who can spare it the most, while maintaining status quo on the lower and the (squeezed) middle income earners.
Lads I hate to break it to ye but those figures are way off…
If €75 is 1% of what a person on €25,000 a year is paying in USC, then they’d be giving €7,500 a year just to this one tax! Add PAYE and PRSI on top of that and you’d be earning a minus figure. (That’s more than 25% of their earnings, not the 7% it actually stands at).
The actual breakdown for what they’ll save a year with a 1% reduction is €8.94, barely 10% of what you’re touting.
I know what you’re saying Ramona.
They’re dropping the percentage of tax from something like 7% to 6%. That’s something like a 15% cut in the actual USC someone pays.
They could have said “There will be a nearly 20% cut in the amount of USC you will be paying next year”.
What I meant Cian was that €75 is 1% of €7,500. If you are only earning €25,000, you are not paying €7,500 of a USC, it’s closer to €900. The figures drastically overestimate how much you will save. Take a look at your last payslip, divide your USC by 100 and see how much you will save… not that much.
Wow O’Reilly you are totally missing the point ……… the USC was meant to be ‘Temporary’ ….. maybe you should look that word up …… then you might not be able to make up the sentence you’ve writen above ……
1% back is practically pointless, this will be completely wiped out by raises in fuel/food/cigarettes/Insurance/Car Tax etc . It’s such an empty gesture at this stage it’s almost cynical !
Just shows you all the bullschmidt theyve carried on with by saying they couldnt increase income tax on the higher earners as it was a ‘Tax on Jobs’ …meanwhile they had no problem lashing the rest of us with USC – Income Taxes and increases in it!!!
What stealth taxes will they slip in to make up for it? How about a crow tax? We have at least 4 crows landing in our garden every day. Now, if they fitted a crow meter to each house and charged 50c per crow landing that should do it.
How about cutting it entirely as was supposed to be a temp measure… I earn little over €10,000 but usc is my biggest tax.. Its an absolute joke having to pay it..
what the hell is 1%. keep it. unless it’s 10% minimum is penny’s for the poor logic. we need pounds for the poor. country needs to start giving back to the people some what. when are the proper mortgages %s coming down too. if you actually break down the reduction they aren’t worth sh!t.
everyone in my house is paying double the amount of tax we were paying last year as soon as January came in less in the pocket thanks noonan usual piece of sh##t
It’s a bad situation when you are being punished for working , so many taxes on your income it’s beyond a joke. I’d say the government is laughing at people behind closed doors , on how there hasn’t been any protests about the USC a supposedly temporary measure and it’s all focused on water charges. Water charges = 260 a year ??? USC = 5000+ a year ???
1%? Ahahahahahaaaahaha!
I heard a certain Mr Yanis Varoufakis has just resigned his job. That would be a perfect opportunity here. For what? For giving a _|_ to those who believe is so much normal to have one price for labour, reported to how much we need to stay alive and another price for how much our labor is worth.
You think Greece is “lunatic”? I have not heard so much sense since the 80′s! (in particular wiped areas as of today)
“The necessary labor is, Marx supposes, only a fraction of a full working day – the rest, the surplus-labor, is pocketed by the capitalist”. Is that why Greece is considered a lunatic? For thinking outside the box? For realising that today, given the technology, we can actually AFFORD to be lazy?
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