FDBusiness.com

Grocery Price War Continues to Stall Market Growth in the UK

 Breaking News
  • Continued Growth by Marston’s Marston’s, a leading British pub operator and independent brewer, has reported a 4.7% rise in underlying revenue to £553.1 million for the 26 weeks ended 30 March 2019, reflecting strong growth in its brewing business, the contribution from new openings and pub acquisitions and positive like-for-like sales in its pub businesses. Underlying operating profit at [...]...
  • UK Ethical Food and Drinks Sales Hit £8.2 Billion British consumers are increasingly eating with a conscience as latest research from Mintel reveals that last year the nation spent £8.2 billion on ethical food and drink, including organic, Fairtrade, Rainforest Alliance and Marine Stewardship Council (MSC) certified products. Over the past five years, sales of ethical food and drink have shot up by 43% [...]...
  • UK Restaurant Closures Accelerating as High Street Pressures Mount The number of restaurants in Britain fell by 2.8% in the year to March 2019, the latest edition of the Market Growth Monitor from CGA and AlixPartners reveals — with high streets in the south of England, excluding London, hit especially hard by closures. The figure equates to net closures of 768 restaurants over 12 [...]...
  • European Commission Clears Acquisition of European and Thai Businesses of BRF by Tyson Foods The European Commission has approved, under the EU Merger Regulation, the $340 million acquisition of the European and Thai Businesses of BRF of Brazil by Tyson Foods of the US. BRF’s European and Thai businesses are active throughout the poultry supply chain in Thailand, and import into and further process poultry meat in the European [...]...
  • Samworth Brothers Launches New Food-To-Go Business Samworth Brothers, the family-owned British food group, has launched a new food-to-go business and delivery service – Fresh Food For Now Company. The new venture marks the evolution of the existing Ginsters van operation into a fresh new business, offering vendors a complete food-to-go solution with an extended range of brands and products to cater [...]...

Grocery Price War Continues to Stall Market Growth in the UK

Grocery Price War Continues to Stall Market Growth in the UK
September 24
10:51 2015

The latest UK grocery share figures from Kantar Worldpanel, for the 12 weeks ending 13 September 2015, show supermarket growth static at 0.9% – this is the sixth consecutive month that sales among the grocers have grown by less than 1%. Sainsbury’s, which is currently urging consumers to ‘twist your favourite’ recipes, was the only one of the ‘big four’ retailers to keep pace with the market, as the ongoing price war continues to help shoppers reduce their grocery spend.

Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, explains: “Sainsbury’s has grown sales by 0.9% compared with a year ago, attracting 250,000 new shoppers through the door in the last 12 weeks. The retailer has held its share steady at 16.2%, helped by the continued expansion of its Sainsbury’s Local outlets.”

He adds: “Tesco has also increased revenues through its Express convenience stores, although overall sales fell by 1% and market share dropped by 0.6 percentage points to 28.2%. Sales at Morrisons decreased by 1.4%, taking share to 10.7%, with this likely to fall further in the coming months as the recently announced store closures take effect. “

Asda has retained its position as the nation’s second largest supermarket despite market share falling to 16.7%, with sales down by 2.9% compared to a year ago.

Lidl’s sales grew by 16% to reach a new market share high of 4.2%, thanks in part to its successful ‘Lidl surprises’ campaign. Aldi also demonstrated strong sales growth, up by 17.3%, taking a 5.6% share of the market. The discount retailers continue to strengthen their position in the market with some 56% of British households visiting either an Aldi or a Lidl in the past 12 weeks.

There was also success for Iceland, Waitrose and the Co-operative, which saw sales growth of 3.4%, 2.9% and 1.0% respectively.

Fraser McKevitt continues: “With shoppers moving their custom away from the traditional, larger-size supermarket stores, online sales are continuing to boom and are up by 12% compared with a year ago. Almost 7% of grocery sales are currently purchased through the Internet and existing online supermarkets will be watching closely to see when Amazon Fresh will launch in the UK and whether it will steal market share or grow the online market even further.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
  • June 25, 2019BevExpo 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements