{"id":583705,"date":"2026-07-13T17:25:08","date_gmt":"2026-07-13T17:25:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/583705\/"},"modified":"2026-07-13T17:25:08","modified_gmt":"2026-07-13T17:25:08","slug":"musgrave-sells-supervalu-store-in-south-dublin-to-the-pettit-family-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/583705\/","title":{"rendered":"Musgrave sells SuperValu store in south Dublin to the Pettit family \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/musgrave\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/musgrave\/\" target=\"_blank\">Musgrave<\/a> Group has sold its SuperValu store at Knocklyon Shopping Centre in south Dublin to one of the chain\u2019s biggest franchise operators.<\/p>\n<p class=\"c-paragraph paywall \">Pettit\u2019s SuperValu, which operates five locations in the southeast of the country and one in Bray, Co Wicklow, has acquired the premises for an undisclosed sum. This will be its first outlet in Dublin. <\/p>\n<p class=\"c-paragraph paywall \">Musgrave Group originally acquired the location as part of its 2011 takeover of Superquinn. <\/p>\n<p class=\"c-paragraph paywall \">\u201cSuperValu Knocklyon is a great store, with a fantastic team and a loyal customer base at the heart of a vibrant local community,\u201d said Cormac Pettit, owner of Pettit\u2019s SuperValu. <\/p>\n<p class=\"c-paragraph paywall \">\u201cWe are delighted to welcome the team in Knocklyon to the Pettitt\u2019s SuperValu family and look forward to working alongside them in the many years ahead.\u201d<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2026\/06\/24\/musgrave-records-133m-profit-and-rise-in-turnover-in-face-of-market-pressure\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Musgrave records \u20ac133m profit and rise in turnover in \u2018face of market pressure\u2019Opens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">The Pettit family opened their first shop on Main Street in Wexford Town in 1946. <\/p>\n<p class=\"c-paragraph paywall \">The family business began operating under the SuperValu brand in 2006, most recently opening a store in Bray, Co Wicklow in 2021. <\/p>\n<p class=\"c-paragraph paywall \">Meanwhile, Musgrave earned \u20ac133 million profit last year as the retail and wholesale group boosted investment across its businesses, according to its most recent annual report. <\/p>\n<p class=\"c-paragraph paywall \">Turnover grew 5.4 per cent to \u20ac5.5 billion last year, from \u20ac5.2 billion in 2024, aided by new store openings and acquisitions, which included Delifresh in Britain, according to the results published last month.<\/p>\n<p class=\"c-paragraph paywall \">Operating profit increased to \u20ac132.8 million in 2025 from \u20ac130.5 million, while profit before tax and once-off costs was flat at \u20ac133 million.<\/p>\n<p class=\"c-paragraph paywall \">Chief executive Noel Keeley said in the annual report that this was the first phase of an ongoing investment programme aimed at strengthening the business.<\/p>\n<p class=\"c-paragraph paywall \">Keeley said Musgrave delivered a strong performance last year in the face of ongoing market pressure, investing in its \u201cbrands, infrastructure, technology and capabilities\u201d, he said.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWhile inflationary pressures and rising operating costs continue to present challenges, we remain focused on delivering value for customers, supporting our retail partners and investing responsibly for the long term,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Musgrave Group has sold its SuperValu store at Knocklyon Shopping Centre in south Dublin to one of the&hellip;\n","protected":false},"author":2,"featured_media":583706,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[73],"tags":[79,18,19,17,106869,19266],"class_list":["post-583705","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-eire","tag-ie","tag-ireland","tag-musgrave","tag-supervalu"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116913840058433581","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/583705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=583705"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/583705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/583706"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=583705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=583705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=583705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}