Agri-Shop Ltd
Farminguk
27 July 2016 | Online since 2003
Briefing Media - FG Classified


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

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

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


Australia | 26 July 2016
The last cowboy is going to be this cattle-herding robot

In the Australian outback, a cattle ranch called Suppleback Downs is only slightly smaller than the state of Rhode Island. Unsurprisingly, it can be hard to keep track of cows in such a massive area. ...


Finland | 26 July 2016
Finnish dairy farmers worried about growing milk import from Baltics

Dairy farmers in Finland are worried about growing milk imports from the Baltic states, saying that political discussion has completely sidestepped the growth of milk production in Estonia, Latvia and...


Spain | 26 July 2016
New CAP can make EU farming profitable, Spanish farmers say

Spanish farmers consider the new Common Agricultural Policy (CAP) as an opportunity to cut red tape and make environmental measures more efficient. But in order for EU farming to become more profi...


USA | 26 July 2016
Farmland 'increases the severity of thunderstorms'

Researchers at the University of Minnesota claim that the historical increase of farmland could have increased the severity of storms across the state. Vast swathes of the countryside of Minnesota ...


Nigeria | 26 July 2016
Monsanto's plot to take over Nigeria's agriculture

As everyone knows, one American company called Monsanto has been on a determined march to take over agricultural production all over the world and enslave all farmers and countries to their commercial...



Trending Now

Viewed
Discussed


Top stories you may have missed
closeicon
Username
Password