Annual report & review 2006 - Shopic.com
Annual report & review 2006 - Shopic.com
Annual report & review 2006 - Shopic.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Interview with our Group CEO<br />
Making a difference<br />
Musgrave’s Group CEO, Chris Martin, reflects on his first two years at the helm<br />
How would you characterise Musgrave’s business<br />
today<br />
Chris Martin: We work with entrepreneurial food<br />
retailers to provide the consumer with a food offer that<br />
is different and better. Creating food businesses that<br />
are different and better is our DNA, and is the way we<br />
<strong>com</strong>pete in today’s market place.<br />
And it’s important to understand that the four markets in<br />
which we operate are highly <strong>com</strong>petitive. In the Republic<br />
of Ireland, for example, we’re talking about a growing<br />
retail food sector worth about €13 billion annually.<br />
The fact is consumer behaviour is changing – people<br />
want to shop more in tune with their personal values.<br />
They’re concerned with their own wellbeing and that of<br />
their families and their impact on the <strong>com</strong>munity. They<br />
want to live more sustainably and want to consume<br />
products and services which are more sustainable.<br />
Today our business isn’t just about responding to these<br />
changes. On the one hand, it’s about working with our<br />
retail partners – drawing on their local intelligence and<br />
experience – to anticipate such changes and to deliver<br />
a food business that satisfies, delights and surprises<br />
consumers, while generating improved revenues for<br />
retailers. And on the food services side, it’s about<br />
anticipating the needs of today’s chefs and caterers and<br />
using our experience and buying power to create a 21st<br />
century solution that addresses the very specific needs of<br />
this important growth sector.<br />
innovative ways to help independent retailers succeed in<br />
very <strong>com</strong>petitive retail environments.<br />
This involves working with them to ensure quality and<br />
value is delivered to consumers through excellent<br />
products and services, supported by well‐defined brands.<br />
Strengthening and energising those brands has been<br />
something on which we’ve focused a great deal over the<br />
past 12 months.<br />
You’ve now been CEO for two years. How has the<br />
business changed<br />
CM: The past couple of years have been about building<br />
on our strengths to develop and implement a consistent<br />
vision right across our business. This is especially<br />
important now we have multiple brands operating<br />
in four distinct markets – the Republic of Ireland,<br />
Northern Ireland, Great Britain and Spain.<br />
In all these markets – and with all our brands – my<br />
priorities have been to drive up standards and find<br />
For me, effective branding is all about clarity and focus.<br />
It’s about recognising and leveraging our strengths. A<br />
good example is the ‘real food, real people’ concept<br />
associated with SuperValu. This tells consumers<br />
exactly what this brand is all about: when you go into a<br />
SuperValu store, you’ll find real, independent retailers<br />
with their own ideas about how to deliver value and<br />
innovation to their customers. You’ll also find real bakers,<br />
real butchers, real cheese experts and experienced<br />
greengrocers. It’s an important differentiator for<br />
consumers and a great organising principle for the<br />
business.<br />
‡<br />
<br />
Musgrave Group Plc <strong>Annual</strong> Report & Review <strong>2006</strong>