Annual report & review 2006 - Shopic.com

Review of 2006
This is a year in which we have developed and strengthened
our brands, expanded our product range, added new lines
and continued to drive innovation in the quality of the
in‐store experience.
We have taken great strides in mixing the finest local
and regional produce with quality international brands
and foods, developing our own quality brands, enabling
our retailers to offer consumers a more compelling
shopping experience.
We are delighted with the business performance in all
our markets. We currently partner more than 3,000
locally‐owned stores through five trading divisions
across three countries. During 2006, we continued to
deliver to our retail partners an offer which is constantly
evolving to satisfy consumer needs and which places
dynamic entrepreneurial businesses at the heart of local
communities.
Achievements in 2006 included the ongoing expansion
of the SuperValu, Centra and Daybreak retail brands in
Ireland, progress with our strategy of divestment
of Budgens outlets in Great Britain which is on
target for completion by 2008 and the ongoing
development of our retail partnerships in Northern
Ireland and Spain.
With the support, hard work and innovation of our
people and our retailer partners we continue
to improve standards of customer care and
the all-round customer retail experience.
The sales growth they have achieved
is testament to the success of our
partnerships.
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Musgrave Group Plc Annual Report & Review 2006