Mole Valley Farmers
Farminguk
24 September 2016 | Online since 2003
OvoConcept


4 June 2014 08:51:50 |News,Supermarkets

Price competition cause slowdown in grocery market growth


The latest supermarket share figures from Kantar Worldpanel, published today for the 12 weeks ending 25 May 2014, show a slowdown in grocery market growth to 1.7% – the lowest level for at least 11 years. Supermarket price competition is prompting another drop in the level of grocery price inflation to 1.2%.
Edward Garner, director at Kantar Worldpanel explains: “Despite the wider market slowing, Lidl achieved a record share of 3.6% this period, accelerating with its highest ever year-on-year growth of 22.7%. Similarly, Aldi has gained 35.9% and retains its record 4.7% share reached last period.
“At Waitrose, managing director Mark Price’s tactic of being “everything that the discounters aren’t” seems to have paid off for the retailer. By differentiating its offer, Waitrose has maintained its all-time record share of 5.1% secured last period. Meanwhile, Asda surpassed its rivals with a market-beating growth of 2.4%, lifting market share to 17.1%, compared with 17.0% a year ago. Asda is the only large grocer to grow share year-on-year”.
Tesco, Sainsbury’s and Morrisons have all lost market share since this period last year, while Tesco and Morrisons recorded sales drops of 3.1% and 3.9% respectively. Among the smaller retailers, Iceland’s growth rate has dropped back to average market levels with its share remaining at 2.0%, whereas Farmfoods is mirroring the likes of Aldi and Lidl, growing sales by 27.1%.
* With the exception of the March 2014 12 week ending period, affected by the late-falling of Easter this year.

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


Ireland | 23 September 2016
Farmers who left safety net of EU subsidies to make fortune

Irish farmers have proved that they don't need subsidies from the EU to be massively successful in their chosen profession. Some have chosen to leave the payment safety net behind and seek their fortu...


China | 23 September 2016
China lays groundwork to be major producer of GMO crops

China has a fifth of the world’s population, but only about 7 percent of its arable land. Farming plus safe and healthy foods are national obsessions. So it came as no surprise that government-own...


USA | 23 September 2016
Drought grips parts of South, parches ground, withers crops

Extreme drought conditions are persisting in parts of Alabama and Georgia, wilting crops and raising the specter of wildfires. Thursday's U.S. Drought Monitor, a weekly report that tracks drought c...


China | 23 September 2016
China to reopen beef market to American producers after 13 years

American beef producers are expected get access to China for the first time in 13 years, raising the possibility that the U.S. could recapture lost market share in one of the fastest-growing global ma...


Australia | 23 September 2016
Greener pastures: the dairy farmers committed to sustainability

It was a soil bacteria course in New Zealand that convinced Reggie Davis to change his farming methods. The fourth-generation Victorian dairy farmer had become increasingly concerned by the costs, ...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

A herd of rare White Park cattle could die out if its owners do not urgentl...


FarmingUK
FarmingUK Logo

FarmingUK

The UK government is "failing" to support farmers in the long-term accordin...


FarmingUK
FarmingUK Logo

FarmingUK

Retailer Co-op has announced that from May 2017 all of its bacon and lamb w...


FarmingUK
FarmingUK Logo

FarmingUK

Over 50 wildlife organisations have compiled a stock-take of all the UK's n...


FarmingUK
FarmingUK Logo

FarmingUK

In the run up to the EU farm ministers meeting the agricultural sector have...


FarmingUK
FarmingUK Logo

FarmingUK

The RPA must iron out a number of problems that still exist with 2015 BPS p...


FarmingUK
FarmingUK Logo

FarmingUK

Tourism businesses in the countryside are being held back due to the uncert...


FarmingUK
FarmingUK Logo

FarmingUK

A 24 point action plan aimed at revitalising Scotland's sheep sector after ...


FarmingUK
FarmingUK Logo

FarmingUK

A new survey has revealed that the vast majority of British consumers belie...


FarmingUK
FarmingUK Logo

FarmingUK

The British public are overwhelmingly in favour of keeping or strengthening...


closeicon
Username
Password