Annual report & review 2006 - Shopic.com

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4 BeTTeR RaNGe Convenience stores run by multiples are usually cut‐down versions of out‐of‐town superstores – one looks much like another. We work with independent retailers to deliver diversity in both convenience stores and supermarkets. Our retailers bring flare and innovation to local shopping, offering a greater range of products than major multiples’ convenience stores and matching product lines to local needs. 34 5 SuSTaINaBLe ShoppING With emissions and pollution from traffic rising dramatically, the local option we promote in all our markets is a more environmentally friendly alternative to superstore shopping. Local stores are also the lifeblood of communities – our retailers help them flourish. MuSGRAVe GROup pLC aNNuaL RepoRT & ReVIeW 2006
Different & better – consumers & communities uNDeR The BoNNeT According to medical experts, Irish men are generally very bad at looking after their own health. This is why SuperValu took the lead in supporting the Department of Health and Irish Cancer Society in raising awareness of the dangers of prostate cancer. With more than 2000 cases of the most common male cancer reported in the Republic of Ireland every year, SuperValu and its retailers are committed to highlighting the steps men can take to reduce risk and draw attention to the symptoms that may indicate problems. Throughout the year, eye-catching posters and the Department of Health’s no-nonsense What goes on under a man’s bonnet guide were displayed and distributed in SuperValu stores. SupeRVaLu TIDy ToWNS Close to 700 entries were received for the 2006 Tidy Towns competition, which is run by the Department of the environment in association with SuperValu. For the second time in the history of the competition, Westport, Co. Mayo, scooped the award for Ireland’s Tidiest Town for 2006. Other winners included Birdhill, Co. Tipperary – Ireland’s Tidiest Village, Aughrim, Co. Wicklow – Ireland’s Tidiest Small Town and ennis, Co. Clare – Ireland’s Tidiest Large Urban Centre, a new category introduced for towns with a population of more than 15,000. Westport also received the award of Ireland’s Tidiest Large Town. The number of participants in the Tidy Towns competition, which has run since 1958, has increased substantially in recent years. Growing interest in Tidy Towns, as indicated by the high number of entries, reflects growing awareness by communities of the role they can play in improving their own towns and villages, and the key economic role SuperValu Westport: winner that tourism now plays in of Ireland’s Tidiest Town 2006 Ireland. ‡ 6 LoCaL pRoDuCe We’re committed to providing consumers with the local, fresh, quality produce they demand. In the Republic of Ireland, 75 per cent of the produce we sell in our stores is either produced or manufactured in Ireland. Our strategy is to replicate this model wherever possible in all the markets in which we operate. 7 LoCaL eMpLoyMeNT We bring employment to local communities. More often than not, our independent retailers recruit directly from the communities they serve. With our retailers we have more than 44,000 employees and in the Republic of Ireland we are the country’s second largest employer. 35 MuSGRAVe GROup pLC aNNuaL RepoRT & ReVIeW 2006
Page 1 and 2: Annual report & review 2006
Page 3 and 4: Musgrave at a glance 4 Our Chairman
Page 5 and 6: Musgrave at a glance hoW Do We SouR
Page 7 and 8: Our Chairman’s statement WoRkING
Page 9 and 10: Interview with our Group CEO Making
Page 11 and 12: Interview with our Group CEO orderi
Page 13 and 14: Interview with our Group CEO exciti
Page 15 and 16: Review of 2006 This is a year in wh
Page 17 and 18: Our business is all about respondin
Page 19 and 20: Review of 2006 Our innovative Marke
Page 21 and 22: Review of 2006 Our business in Grea
Page 23 and 24: Different & better - retailers & lo
Page 29 and 30: Budgens Virginia Quay Providing a h
Page 33: Different & better - consumers & co
Page 37 and 38: Different & better - consumers & co
Page 39 and 40: to meet international best practice
Page 41 and 42: Musgrave Group head office, Cork 41
Page 43 and 44: Responsibility charitable support A
Page 45 and 46: accordance with management’s auth
Page 47 and 48: Our board of directors peter Musgra
Page 49 and 50: Results Turnover amounted to €4,5
Page 51 and 52: Finance review Taxation The effecti
Page 53 and 54: Summary financial statements CONSOL
Page 55 and 56: Summary financial statements Notes
Page 57 and 58: Summary financial statements 5 Taxa
Page 59 and 60: Summary financial statements 10 Ban
Page 61 and 62: Summary financial statements 15 Rec
Page 63 and 64: Summary financial statements Analys
Page 65 and 66: Summary financial statements Moveme
Page 67 and 68: Printed on Hello silk, fully recycl

Annual report & review 2006 - Shopic.com

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