Top Four U.K. Grocers Increase Sales, but Still Lose Market Share
December 12 2017 - 3:08AM
Dow Jones News
By Ian Walker
The top four U.K. grocers by market share grew sales for the
ninth consecutive period, despite continuing to lose market share,
as competition heats up ahead of the key Christmas shopping season,
a survey from Kantar Worldpanel showed Tuesday.
Tesco PLC (TSCO.LN), the U.K.'s number one grocer by market
share, grew sales 2.5% in the 12 weeks ended Dec. 3, to 7.61
billion pounds ($10.17 million). However, its market share fell to
28.2% in the period, from 28.3%.
At the other end of the scale, German retailers Aldi and Lidl
grew both market share and sales. For the 12 weeks ended Dec. 3,
Aldi's market share rose to 6.9% from 6.2%, while sales rose 15% to
GBP1.86 billion. Lidl's market share rose to 5.1% from 4.6% and
sales grew 15% to GBP1.38 billion, Kantar said.
J Sainsbury PLC's (SBRY.LN) market share fell to 16.3% from
16.5% in the latest survey, with sales increasing 2% to GBP4.41
billion, Kantar reported. Kantar monitors the household grocery
purchasing habits of 30,000 demographically representative
households in the U.K.
Asda, a subsidiary of Wal-Mart Stores Inc. (WMT), saw its market
share fall to 15% from 15.3%, with sales 1.2% higher at GBP4.06
billion. Wm. Morrison Supermarkets PLC's (MRW.LN) market share fell
to 10.6% from 10.8%, with sales increasing by 1.4% to GBP2.87
billion.
The market share of up-market retailer Waitrose, a division of
John Lewis Partnership PLC, fell to 5% in the 12 weeks ended Dec.
3, from 5.1%. Sales climbed 1.6% to GBP1.36 billion, Kantar
said.
Separately, a survey by Nielsen Homescan also shows Aldi and
Lidl growing market share. For the 12 weeks ended Dec. 2, Aldi's
market share has risen to 7.9% from 7.2% for the comparable period
ended Dec. 3, 2016, while Lidl's has risen to 5.1% from 4.5%.
According to Nielsen, Tesco's market share has dropped to 27.5%
in the 12 weeks ended Dec. 2, from 27.6% for the comparable period
ended Dec. 3, 2016, while Sainsbury's fell to 15.3% from 15.6%,
Asda fell to 14.1% from 14.3% and Morrisons fell to 10% from
10.2%.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
December 12, 2017 03:53 ET (08:53 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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