FDBusiness.com

UK Discount Retailers Hit Record Market Share

 Breaking News
  • Mondelēz International Invests $200 Million in Czech Biscuit Plant to Accelerate Growth in Europe Mondelēz International has invested $200 million since 2014 in its Czech Republic-based Opava biscuit manufacturing facility, which employs nearly 1,000 people and produces Power Brands like Oreo, belVita, Milka and Cadbury, for the European market. The investment builds on Opava’s proud heritage of more than a century as a biscuit-making centre and supports the company’s [...]...
  • European Soft Drinks Industry Generates Revenue of €185 Billion A recent study illustrates how the European soft drinks industry is rooted in the European economy and boosts progress throughout its value chain. The sector generates €185 billion revenue – equivalent to 1.24% of EU GDP – indirectly supports 1.7 million jobs and delivers almost €30 billion in tax contributions to EU member states. The industry [...]...
  • Packaging Automation Help Seal in Freshness When Funky Nut Company, a small business manufacturing creative, healthier alternative peanut butters, were looking at developing their product range and tapping into the snack packs market, they needed a solution to seal in the freshness. Wanting a British manufacturer with reliable products and great service, Packaging Automation ticked the box from day one. Being new [...]...
  • GEA Develops a Large Rotary Lobe Pump For Sensitive Products GEA is expanding its NOVALOBE pump range with the large-volume GEA Hilge NOVALOBE 60. The robust rotary lobe pump is specifically designed for pumping and dosing highly viscous media, also with large particles. This new development meets the hygiene standards of the EHEDG guidelines for applications in the pharmaceutical, chemical and food industries. GEA Product Manager Ulla Främke [...]...
  • Barilla to Invest €1 Billion Over 5 Years Barilla, the world’s largest pasta company, expects to invest about €1 billion over five years on its industrial assets. About 60% of the investments will be aimed at boosting competitiveness and sustainability by improving processes and technologies, while over 40% will support innovation and geographic expansion. The expansion of the plant near Parma in Italy [...]...

UK Discount Retailers Hit Record Market Share

UK Discount Retailers Hit Record Market Share
June 29
10:21 2016

The latest UK grocery share figures from Kantar Worldpanel, for the 12 weeks ending 19 June 2016 show the market slipping into decline for the first time since January, with supermarket sales falling by 0.2% as like-for-like grocery prices declined by 1.4% on last year.

Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, comments: “The decline is a continuation of the slow supermarket sector growth dating back to summer 2014, primarily a result of cheaper everyday groceries brought about by a retailer price war.

“While these latest figures predate the EU referendum result, the immediate economic uncertainty is unlikely to cause a substantial fall in grocery volumes, as demonstrated by the 2008 financial crisis when basic food, drinks and household sales proved resilient.

“With an estimated 40% of the food we consume sourced from overseas, any long term change in exchange rates may threaten the current period of cheaper groceries. Historically, higher prices have led to consumers looking for less expensive alternatives such as own-label products, seeking out brands on promotion or visiting cheaper retailers.”

The combined share of discount retailers Lidl and Aldi has hit a record high of 10.5%, with each holding 4.4% and 6.1% of the market respectively. Almost three fifths of Britons – 58% – visited one of the two retailers in the past 12 weeks, with Lidl increasing sales by 13.8% and Aldi by 11.5% on a year ago.

Fraser McKevitt continues: “It’s been a good period for the smaller retailers. Co-op’s growth of 2.0% has cemented its recent revival, heralding a full year of increasing sales. Meanwhile, at Waitrose, small but rapidly increasing sales of its premium Waitrose 1 brand have helped the retailer grow by 1.3%. Waitrose has now had an unbroken period of growth dating back to 2009 – the best run of any retailer outside of the discounters.”

The performance of the larger retailers was a continuation of recent trends. Overall sales at Tesco dropped by 1.3%, while at Morrisons sales fell by 2.4%, both reflecting the ongoing impact of store disposals. At Sainsbury’s sales fell by 1.4%, while at Asda they were down by 5.9%, with each of the big four losing market share on last year.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 17, 2018The Excellence of Italian Food and Wine (Bellavita Expo)
  • June 25, 2018Packaged., The 7th Global Summit
  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements