Lidl, Aldi Lead Britain's Supermarkets for Market Share Gains
July 25 2017 - 4:19AM
Dow Jones News
By Razak Musah Baba
LONDON--Lidl and Aldi are Britain's fastest growing supermarkets
as the discount retailers continue to increase sales and market
share, a survey showed Tuesday.
Lidl increased its market share to 5.1% in the 12 weeks ended
July 16 from 4.5% in the comparable period a year earlier, while
Aldi's market share rose to 7.0%, from 6.2%, Kantar Worldpanel
said. Kantar monitors the household grocery purchasing habits of
25,000 demographically representative households in the U.K. .
For the U.K's top four supermarket chains, Tesco PLC's (TSCO.LN)
market share fell to 27.8% in the 12 weeks, from 28.3% for the
comparable period. However, sales in the 12 weeks were up 2.3% at
7.32 billion pounds ($9.42 billion).
J Sainsbury PLC's (SBRY.LN) market share fell to 16%, from
16.3%, while sales rose 2.2% to GBP4.21 billion.
Asda, a subsidiary of Wal-Mart Stores Inc. (WMT), saw its market
share fall to 15.1%, from 15.5%, with sales 1% higher at GBP3.96
billion. Wm Morrison Supermarkets Plc's (MRW.LN) market share fell
to 10.5%, from 10.7%, while sales rose 2.1% to GBP2.77 billion
Up-market retailer Waitrose maintained its market share at 5.2%
in the 12 weeks ended July 16 increased sales 2.8% to GBP1.33
billion, Kantar reported.
Lidl's sales rose 19.4% to GBP1.35 billion in the 12 weeks,
while Aldi's sales climbed 17.9% to GBP1.84 billion.
"Robust market growth this year has been boosted by higher
grocery inflation, but consumers will be pleased to hear that price
rises are no longer accelerating," said Fraser McKevitt, head of
retail and consumer insight at Kantar Worldpanel. "Like-for-like
inflation now stands at 3.2%, the same rate of increase as this
time last month. One year on from the EU referendum--which had a
marked impact on the price of imported groceries--hard-pressed
shoppers could soon start to feel upward pricing pressures
ease."
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
July 25, 2017 04:04 ET (08:04 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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