Discount retailers Aldi and Lidl are continuing to win sales and have seen their market share hit new records, at the expense of Tesco and Morrisons, according to the latest grocery share figures from Kantar Worldpanel.
News that supermarket chain Sainsbury had entered into a £25M joint venture (jv) with Dansk Supermarked to establish 15 Netto stores across the UK was further evidence that the major multiples recognised they needed to do more to address the inexorable...
Discount retailer Aldi is the “stand-out performer” in a sluggish market. That’s the verdict of City analyst Shore Capital after the publication of Nielsen market share data for the four weeks to September 14.
Britain’s biggest retailer Tesco has recovered from “the body blow” inflicted by the horsemeat crisis, while all the big four UK supermarkets were struggling to maintain their presence in “anaemic markets”, said city analyst Shore Capital.
The new Groceries Code Adjudicator, tasked with policing the multiple retailers, has pledged to clean up illegal “kickback” practices, whereby suppliers are forced to use third-party suppliers favoured by the supermarkets, rather than choosing their own.