Quinnsworth was a supermarket chain that operated in Ireland from 1966 to 2001. During its time in operation, it grew to be one of Ireland's leading retailers, with approximately one quarter of the grocery market in the Republic of Ireland, and some 88 supermarkets across the island of Ireland, including its Crazy Prices brand operated at some of its larger outlets. It was acquired by UK chain Tesco in 1997, with its supermarkets being gradually rebranded as Tesco Ireland over the following four years.
In 1972, the business, which by then had seven supermarkets (in Ballymun, Dundrum, Rathfarnham, Douglas, Wilton, Galway and Shannon), was acquired by Power Supermarkets Ltd, which in turn was owned by the Weston family and controlled the rival chain, Power's Supermarkets. The Power's supermarkets were rebranded under the Quinnsworth name.
By 1981, following the acquisition of Five Star, Quinnsworth had 71 supermarkets. That same year, the business announced that it intended to close 7 of its 31 supermarkets in Dublin (in Baggot Street, Blackrock, Dolphin's Barn, Finglas, Killester, Ranelagh and Rosemount). The Irish Association of Distributive Trades criticised this development as "clear proof that the supermarket giants have now achieved monopolistic control of the Dublin grocery market" and that the takeover of Five Star by Quinnsworth should not have been permitted. Quinnsworth responded by citing size limitations and a modernisation programme, and countered that it was carrying out a major expansion of its Rathfarnham supermarket that year, and that it intended to open a shopping centre in Artane, to extend its Ennis and Wexford shops, and to open new supermarkets in Tullamore and Navan in 1982. It contended that it had bigger and better outlets near the closing shops, including on Upper Baggot Street, where the acquired Five Star supermarket was located almost directly opposite the existing Quinnsworth outlet.
One of Quinnsworth's "most memorable" developments was the addition of the phrase Yellow Pack to the retailing lexicon. Towards the end of Quinnsworth's life, Yellow Pack was replaced by K.V.I. label as the low-cost generic grocery brand, and a high quality generic line called Premium Choice modeled after Loblaws President's Choice (Loblaws being owned by another branch of the Weston family). Quinnsworth was also remembered for its advertising campaigns featuring its marketing director (and later chief executive) Maurice Pratt, who would personally introduce new product promotions, ending each advert with the company slogan, "That's Real Value".
Quinnsworth grew to gain a 25% share of the Irish grocery market by the 1990s.
On 20 March 1997, it was announced that Quinnsworth, including its Crazy Prices outlets, had been acquired by the UK supermarket company, Tesco, for IR£630 million. By then, the business had 57 Quinnsworth-branded supermarkets, and 31 branded as Crazy Prices (21 in the Republic of Ireland and 10 in Northern Ireland). The acquisition also included Stewart's Supermarkets in Northern Ireland. The first Tesco-branded supermarket was the unit acquired by Quinnsworth in the Golden Island Shopping Centre the previous year, which opened as Tesco rather than Quinnsworth in October 1997. All shops were rebranded over the following years, with the rebranding process almost completed by April 2001.
Sale
|
|