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Waitrose wins record share of UK grocery market | Waitrose wins record share of UK grocery market |
(35 minutes later) | |
Waitrose captured a record 5.3% of the UK grocery market over the past quarter, according to research firm Kantar Worldpanel. | |
Its sales increased by 2.1% in the 12 weeks to 22 May compared with the same period last year. | |
Discount chains Lidl and Aldi continued to post the highest growth, with Lidl up 14.2% and Aldi 11.4% higher. | Discount chains Lidl and Aldi continued to post the highest growth, with Lidl up 14.2% and Aldi 11.4% higher. |
The "big four" grocers - Tesco, Sainsbury's, Asda and Morrisons - continued to shed market share. | The "big four" grocers - Tesco, Sainsbury's, Asda and Morrisons - continued to shed market share. |
Overall, the grocery market was "essentially flat" in the quarter, Kantar said, with the value of sales up by just 0.1%. | Overall, the grocery market was "essentially flat" in the quarter, Kantar said, with the value of sales up by just 0.1%. |
The figures relate to overall take-home sales and therefore reflect the impact of store openings or closures. | |
Customers 'not flocking away' | Customers 'not flocking away' |
The Co-operative posted higher sales during the period, up 3.3%, while its market share rose from 6% to 6.2%. | The Co-operative posted higher sales during the period, up 3.3%, while its market share rose from 6% to 6.2%. |
Among the discounters. Aldi's market share rose to 6.0% from 5.4% a year earlier, while Lidl's share increased to 4.4% from 3.9%. | Among the discounters. Aldi's market share rose to 6.0% from 5.4% a year earlier, while Lidl's share increased to 4.4% from 3.9%. |
Sales decreased at the four biggest retailers, though the decline of 1% at Tesco was the lowest for two years. Its market share fell to 28.3% from 28.6%. | Sales decreased at the four biggest retailers, though the decline of 1% at Tesco was the lowest for two years. Its market share fell to 28.3% from 28.6%. |
Sainsbury's posted a similar decline in sales as its market share fell to 16.2% from 16.5%. | |
However, Edward Garner, director at Kantar Worldpanel, said customers had not abandoned the major retailers, as their combined shopper numbers had dropped by only 0.2% in the past 12 weeks. | However, Edward Garner, director at Kantar Worldpanel, said customers had not abandoned the major retailers, as their combined shopper numbers had dropped by only 0.2% in the past 12 weeks. |
"While the big four are struggling to keep their market share what's clear is that consumers aren't flocking away from their stores," he said. | "While the big four are struggling to keep their market share what's clear is that consumers aren't flocking away from their stores," he said. |
Kantar said food prices fell by 1.5% in the latest quarter, representing the 22nd consecutive period of grocery price deflation. | |
"Falling prices reflect the impact of Aldi and Lidl and the market's competitive response, as well as deflation in some major categories such as pork, poultry, butter, eggs and vegetables." | "Falling prices reflect the impact of Aldi and Lidl and the market's competitive response, as well as deflation in some major categories such as pork, poultry, butter, eggs and vegetables." |