British multiples to boost share - Forfas

British multiples will probably increase their share of the Republic's grocery market from 25 per cent to 50 per cent "in the…

British multiples will probably increase their share of the Republic's grocery market from 25 per cent to 50 per cent "in the short to medium term", according to a review by Forfas.

The development board's conclusions are contained in documentation released by the Department of Enterprise, Trade and Employment which also says that Tesco has a market share of just under 25 per cent, a year after it acquired the Quinnsworth/Crazy Prices chain.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective