Consumer Habits (Cont’d from Page 10)
Industry Events
kets and shop around to find the best deals,”McKevitt said. “Already, households visit an average of 3.3 su- permarkets per month in order to find the best value for money.” Tesco bucked the wider market decline and was the only retailer to achieve year-on-year growth this peri- od with sales rising by 0.3 percent over the 12 weeks to 31 October.Almost three quarters of the population made a trip to Tesco in the past three months, helping the retailer to gain market share for the 10th month in a row and boost its proportion of the market by 0.6 percentage points to 27.6 percent. While Lidl’s sales remained flat compared with last year, the grocer performed ahead of the market to nudge up share by 0.1 percentage points to 6.2 per- cent.Aldi also increased its share of total grocery sales by 0.1 percentage points and it now holds 7.9 percent of the market. Iceland’s market share remained steady at 2.3 per- cent this period. Sainsbury’s,Asda and Morrisons’ mar- ket shares were 15.2 percent, 14.3 percent and 10 per- cent respectively. Co-op’s market share now stands at 6.3 percent andWaitrose’s is 5 percent. Compared with the equivalent period in 2019, all re- tailers boosted their sales in the latest 12 weeks. Oca- do achieved the strongest increase in sales compared with two years ago, growing by 35.7 percent,while its market share stayed flat at 1.7 percent. ProAmpac Acquires Irish Flexible Packaging, Fispak ProAmpac, a producer of flexible packaging and material science, has acquired Irish Flexible Packag- ing and Fispak from their parent company, IFP Invest- ments Limited. Both Irish Flexible Packaging and Fis- pak are Ireland-based manufacturers and distributors of sustainable, flexible packaging serving the dairy, bakery, meat, fish and cheese markets in Ireland and internationally. Terms of the transaction were not disclosed. The current management teams at Irish Flexible Packaging and Fispak intend to remain in their current roles post-acquisition. Cincinnati, Ohio-based ProAmpac is owned by Pritz- ker Private Capital along with management and oth- er co-investors. ProAmpac has nearly 50 sites globally, with close to 5,800 employees supplying more than 5,000 customers in 90 countries. In 2021, ProAmpac has acquired Ireland-based Euroflex as well as Rapid Action Packaging, IG Industries, Brayford Plastics and Ultimate Packaging in the United Kingdom.
FTA Forum March 13-16, 2022 Omni Fort Worth Ft. Worth, Texas
TLMI Converter Meeting March 20-22, 2022 Albuquerque, NM
Labelexpo Europe April 26-29, 2022 Brussels Centre Expo Brussels, Belgium
Labelexpo Americas September 13-15, 2022 Donald E. Stephens Convention Center Rosemont, IL
FTA Fall Conference October 11-13, 2022 Covington, KY
TLMI Annual Meeting October 16-19, 2022 Scottsdale, AZ
FTA Forum April 16-19, 2023 Hilton Columbus Downtown Columbus, Ohio
Flexo Market News November 22, 2021 13
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