Growing Good Business
In 2022 we identified three key areas for investment and focus: mitigating the impact of the energy and cost-of-living crisis for shoppers, customers and our retail partners; addressing the climate emergency with urgency and determination; and driving the ongoing digital transformation of our business and brands.
Despite challenging trading conditions, our brands have thrived, delivering an exceptional experience for our customers and consumers.
Read our full Annual Report and Review 2022 for more information.
Difficult times, solid results
Noel Keeley, CEO
I am pleased to report that our business achieved solid results in 2022. Despite rising operational costs, ongoing supply chain challenges, and fiercely competitive market conditions, our brands performed well. Our Group turnover amounted to €4.7 billion, a 3% increase compared to 2021.
“At the core of our mission lies a promise to deliver value to our shoppers, which holds even greater significance in these challenging times.”
Despite the economic challenges, our retail brands continued to differentiate in competitive markets and during 2022 we focused on building on our winning propositions. Our philosophy of continuous improvement is evident in the ongoing evolution of SuperValu and Centra as vibrant community hubs, with upgraded store formats to better meet the needs of today’s shoppers. At the same time our Musgrave MarketPlace brand has undergone an impressive transformation, backed by substantial investments and close collaboration with the hospitality sector, resulting in an exceptional growth of 18% in this part of the business year on year.
Best Food, Beverage and Supermarket Design
Best Managed Company
SuperValu, Centra, Donnybrook Fair and Daybreak combined
Best Graduate Training and Development Programme — Business/Management
New wholesale brand
Authentic Italian food brand Italicatessen acquired
New app launch
Frank and Honest loyalty app launch in SuperValu and Centra stores