Business News

Centra to expand its network throughout 2016 with €16m investment

By Business & Finance
01 February 2016
centra

Retailer Centra has announced it will open 16 new stores this year, resulting in 480 jobs being added to the Centra network, as part of a €16m investment.

Centra recorded sales of €1.54bn in 2015 and the company has already seen additional sales of €6m in Live Well products, such as salad boxes, fruit pots and avocados, showing consumers growing appetite to seek out healthy alternatives.

Martin Kelleher, managing director, Centra, said: “We are delighted to announce that our sales figures show a 1.6% growth on the previous year. This is testament to our 460 local retailers nationwide whose hard work ensures that Centra continues to lead the market in terms of value, choice and quality.”

“Through our Live Well initiative, we have recognised the changing needs of our time strapped customers who are looking for healthy and nutritious food on the go. We have introduced new ranges in store which consumers have responded well to, as well as highlighting nutritional benefits of our products to inspire customers to make healthier choices.”

With over 460 stores, Centra employs almost 11,000 people and serves over 3 million customers per week. Centra invests over €240m in local communities per annum, which is the equivalent of €4.5m per week through a combination of payments to local suppliers, acquisition of local business services, wages, charitable donations and local sponsorships.

Photo: William Murphy