Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises
2 months, 4 weeks ago

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises

Daily Mail  

Tesco has increased its market share to its highest level in seven years as retailers attempt to manage growth amid continued inflation rises. In new figures, it has been revealed that Britain's largest retailer now boasts a market share of 28 per cent, up over half a per cent from this time last year. Meanwhile, other supermarket giants such as Sainsbury's enjoyed a 0.4 per cent increase in market share to 15.2 per cent, following a strong quarter which saw sales rise by over five per cent. Tesco holds over a quarter of the market share for UK supermarkets after another strong performance over the previous quarter Supermarket giant Tesco remains Britain's largest grocer, increasing its market share to 28 per cent Food delivery service Ocado saw a sharp rise in sales, exemplifying the rise of online grocery shopping across the UK The new figures, released by market analysts Kantar, show that almost a quarter of UK households now grocery shop online, with the online market expanding by a staggering 3.5 per cent in just 12 weeks. Grocery price inflation rose by 2 per cent in the UK during the month of December A rainy September in the UK saw the demand for goods such as hot chocolate, soup and home baking products rise sharply The supermarket goods which are rising sharpest in price are chilled soft drinks, chocolate confectionary and skin care products.

Inflation Market Share Price Cent Britain Rose Consumers Tesco Supermarket Kantar Sales Rise 2 Per Cent Its Market Share  consumers  price  major  cent  level  rose  retailer  sales  rise  inflation  supermarkets  rises  market  share  supermarket  uk  seven

History of this topic

Tesco and Sainsbury’s to shed light on Christmas sales performance
4 days, 2 hours ago

Tesco and Sainsbury’s to shed light on Christmas sales performance

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s biggest supermarket groups …

Grocery inflation rises as supermarket trips hit four-year high
1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Asda’s share of UK grocery market slips while Lidl draws in shoppers
1 month, 3 weeks ago

Asda’s share of UK grocery market slips while Lidl draws in shoppers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asda’s share of the UK …

Sainsbury’s set for sales increase after price investment
2 months ago

Sainsbury’s set for sales increase after price investment

The Independent  

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Tesco is 'lowering prices as quickly as possible' says boss with cuts on thousands of items as UK's battle against inflation eases
3 months ago

Tesco is 'lowering prices as quickly as possible' says boss with cuts on thousands of items as UK's battle against inflation eases

Daily Mail  

Tesco's boss said it was 'lowering prices as quickly as possible' as the UK's battle against inflation continues to ease. Tesco's lower pricing has come as it has continued to grow its market share over the past year, now holding around 27.8 per cent of the grocery market, up from 27 per cent last October, according to Kantar figures. Ken …

Grocery price inflation rises for first time since March 2023
4 months, 3 weeks ago

Grocery price inflation rises for first time since March 2023

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation has risen …

Asda sales shrink as customers switch to supermarket rivals
4 months, 4 weeks ago

Asda sales shrink as customers switch to supermarket rivals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asda sales dropped further over …

Sainsbury’s posts strong grocery sales but sees weather hit to non-food ranges
6 months ago

Sainsbury’s posts strong grocery sales but sees weather hit to non-food ranges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket Sainsbury’s has notched up …

Tesco predicted to reveal ‘another strong quarter’
7 months ago

Tesco predicted to reveal ‘another strong quarter’

The Independent  

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Sainsbury’s set for ‘strong’ profit growth despite latest deliveries glitch
8 months, 1 week ago

Sainsbury’s set for ‘strong’ profit growth despite latest deliveries glitch

The Independent  

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Shoppers save £1.3 BILLION (£46 each a month) by hunting out supermarket deals, figures show
8 months, 2 weeks ago

Shoppers save £1.3 BILLION (£46 each a month) by hunting out supermarket deals, figures show

Daily Mail  

Shoppers saved £1.3 billion – an average of £46 per household – by hunting out supermarket deals in the past month, new figures have shown. Around three in ten or 29.3 per cent of items were bought through some sort of promotion, which has been primarily promoted through Supermarkets loyalty card schemes, such as Tesco's Clubcard and Sainsbury's Nectar card. …

Tesco says shoppers buying more after inflation ‘lessened substantially’
8 months, 4 weeks ago

Tesco says shoppers buying more after inflation ‘lessened substantially’

The Independent  

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Tesco set for profit rise as sales continue to grow at supermarket giant
9 months ago

Tesco set for profit rise as sales continue to grow at supermarket giant

The Independent  

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Battle for customers drives down UK shop inflation
9 months ago

Battle for customers drives down UK shop inflation

China Daily  

Competition for customers between retailers has played a big part in shop price inflation in the United Kingdom falling to its lowest level in two years, newly published figures have revealed. Food inflation dropped from 5 percent to 3.7 percent, and non-food inflation plummeted down from 1.3 percent to 0.2 percent, as retailers battled to win over customers who have …

Supermarket price gouging: Rise in farmers selling directly to customers
10 months, 1 week ago

Supermarket price gouging: Rise in farmers selling directly to customers

Daily Mail  

A growing number of Aussie farmers want shoppers to buy directly from them as supermarkets come under increased scrutiny due to rising prices. Pictured is Bianca Tarrant and Dave McGiveron, founders of farm-direct service Our Cow A growing number of Australians are opting to use farm-direct delivery services than buy their weekly shop at major supermarkets like Coles and Woolworths …

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
11 months, 1 week ago

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Grocery prices were 6.8% more expensive than a year …

Food price inflation falls at fastest rate on record
1 year ago

Food price inflation falls at fastest rate on record

The Telegraph  

Mr McKevitt said cost of living pressures were forcing more shoppers to hunt out discounts, with almost a third of all spending in the weeks before Christmas made on items that were on offer at the tills. He added: “Retailers were clearly working hard during the festive period to offer best value and win over shoppers, and promotions were central …

Customers shopping differently due to cost-of-living crisis, says Aldi boss
1 year, 3 months ago

Customers shopping differently due to cost-of-living crisis, says Aldi boss

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Aldi’s UK …

Tesco fightback sees Aldi and Lidl lose ground in the battle for British shoppers
1 year, 3 months ago

Tesco fightback sees Aldi and Lidl lose ground in the battle for British shoppers

Daily Mail  

Aldi and Lidl have lost ground in the battle for the nation’s shoppers as larger rivals such as Tesco launched a fightback. Kantar said grocery price inflation has fallen to 12.2 per cent – the lowest level for a year. Price freeze:Tesco has seen its market share tick up from 27% to 27.2% in the 12 weeks to September 3 …

Have rising prices permanently changed our habits at the supermarket?
1 year, 4 months ago

Have rising prices permanently changed our habits at the supermarket?

The Independent  

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Grocery price inflation show biggest drop since March peak
1 year, 5 months ago

Grocery price inflation show biggest drop since March peak

The Independent  

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Sainsbury’s set to reveal sales rise as it sheds light on food inflation
1 year, 6 months ago

Sainsbury’s set to reveal sales rise as it sheds light on food inflation

The Independent  

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How much profit are UK supermarkets making amid the cost crisis?
1 year, 6 months ago

How much profit are UK supermarkets making amid the cost crisis?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here the PA news agency highlights how much profit …

UK inflation: Why are food prices rising so much?
1 year, 8 months ago

UK inflation: Why are food prices rising so much?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But food prices increased to 15.7 per cent, the highest …

Shoppers turn to multiple supermarkets as grocery inflation reaches record high
1 year, 9 months ago

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

The Independent  

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Grocery in UK costlier than ever as 'cost of living' crisis deepens
1 year, 10 months ago

Grocery in UK costlier than ever as 'cost of living' crisis deepens

Firstpost  

London: The grocery inflation rate in the United Kingdom reached a new record high of 17.1%, said reports based on industry data. According to Kantar Worldpanel, the cost of a family’s typical buying basket could increase by £811 per year as a result of the increase over the past 12 months. According to Kantar, the allure of less expensive own-label …

Marks & Spencer will overtake John Lewis by 2026, according to sales forecast
1 year, 10 months ago

Marks & Spencer will overtake John Lewis by 2026, according to sales forecast

The Independent  

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Morrisons slashes prices after being eclipsed by Aldi
1 year, 11 months ago

Morrisons slashes prices after being eclipsed by Aldi

The Telegraph  

Morrisons is cutting prices on hundreds more products as it battles to tempt shoppers back through its doors after last year being eclipsed by Aldi. The grocer is this week pushing through price cuts on 820 products on its shelves, taking the total number of products that it has reduced prices on this month to more than 1,000. It comes …

Stores face questions as price of basic groceries soars by 30%
1 year, 11 months ago

Stores face questions as price of basic groceries soars by 30%

Daily Mail  

Basic groceries, such as milk, butter and cheese, are seeing price rises of up to 30 per cent – sparking suspicions of supermarket profiteering. It found food and drink inflation was at 15 per cent overall across the UK’s eight biggest supermarkets in the year to December. But the consumer watchdog said shoppers believe stores should do more to help …

Tesco to face questions over consumer demand concerns despite ‘rise in sales’
2 years, 3 months ago

Tesco to face questions over consumer demand concerns despite ‘rise in sales’

The Independent  

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UK food prices rise at fastest rate since global financial crash
2 years, 4 months ago

UK food prices rise at fastest rate since global financial crash

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The price of …

'Highest rate on record': Inflation in UK marts touches sky
2 years, 4 months ago

'Highest rate on record': Inflation in UK marts touches sky

Hindustan Times  

Prices in British shops rose at the highest rate since at least 2005 this month as Britons battled soaring costs on everything from gasoline to crisps. Shoppers are doing everything they can to save money at the checkout, including opting for discount supermarkets, choosing own-brand products and buying less food. Bracing for a tough time Shoppers are doing everything they …

Shop prices hit highest rate of inflation in almost 14 years
2 years, 6 months ago

Shop prices hit highest rate of inflation in almost 14 years

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shop prices have hit their highest rate of inflation in …

Shoppers face £380 jump in grocery bills this year as inflation surges
2 years, 6 months ago

Shoppers face £380 jump in grocery bills this year as inflation surges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Retail data company Kantar said …

Tesco workers to share £50m bonuses but supermarket giant warns inflation will hurt profits
2 years, 8 months ago

Tesco workers to share £50m bonuses but supermarket giant warns inflation will hurt profits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Britain’s largest private employer will pay out nearly £50m …

Waitrose prices are rising three times faster than other supermarkets
2 years, 11 months ago

Waitrose prices are rising three times faster than other supermarkets

The Telegraph  

Grocery prices at Waitrose have risen more than three times faster than at other supermarkets, according to a report by Which? The consumer group tracked hundreds of thousands of grocery prices at Britain’s major supermarkets and found that a basket of goods at Waitrose rose by 9.2 per cent last year. The cheapest supermarkets, Lidl and Aldi, increased their prices …

Sainsbury’s to reveal how profits have been hit by supply chain and inflation
3 years, 2 months ago

Sainsbury’s to reveal how profits have been hit by supply chain and inflation

The Independent  

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Sainsbury's prepares to repel private equity raiders as profits soar
3 years, 6 months ago

Sainsbury's prepares to repel private equity raiders as profits soar

Daily Mail  

Sainsbury's bolstered its defences against potential takeover bids as the supermarket giant predicted bumper annual profits of £660million. Boss Simon Roberts played down fears that Sainsbury’s could be targeted by private equity buyers, as Morrisons became the subject of a bidding war. And speculation has been fuelled by billionaire Daniel Kretinsky’s stake-building, with the tycoon known as the ‘Czech Sphinx’ …

American investors are trying to buy a UK supermarket. Here’s why
3 years, 6 months ago

American investors are trying to buy a UK supermarket. Here’s why

CNN  

London CNN Business — Britain’s fourth biggest supermarket chain Morrisons has become the takeover target of an American private equity firm in the latest sign of a strong appetite among investors for UK assets. “The volume of liquidity, reflecting monetary policy, and the uptake of capital by family offices, high net worth investors and private equity, means that even Tesco, …

Morrisons becomes first major UK supermarket to reinstate rationing amid fears of panic buying
4 years, 3 months ago

Morrisons becomes first major UK supermarket to reinstate rationing amid fears of panic buying

The Independent  

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Britain's grocery sales growth slows again, Nielsen says
4 years, 4 months ago

Britain's grocery sales growth slows again, Nielsen says

India Today  

Grocery sales in Britain rose 7% year-on-year in the four weeks to Aug. 8, slowing from previous weeks as shoppers began to settle into new post-COVID 19 lockdown routines, industry data showed on Tuesday. Market researcher Nielsen said the growth, though down from 10% in last month’s report, was driven by warm weather and Britons continuing to work from home, …

Lidl pledges to open one new store per week between now and Christmas
4 years, 5 months ago

Lidl pledges to open one new store per week between now and Christmas

Daily Mail  

Lidl will open one new store per week between now and Christmas, creating up to 1,000 jobs, as part of plans to expand to 1,000 supermarkets by the end of 2023. The discounter plans to open over 25 stores in the next six months, and 100 stores in 2021 and 2022, creating a further 4,000 new jobs. Expanding: Lidl plans …

Tesco unlikely to profit from Covid-19 lockdown sales boom
4 years, 8 months ago

Tesco unlikely to profit from Covid-19 lockdown sales boom

CNN  

London CNN Business — Food and supplies are flying off the shelves of UK supermarkets, but that doesn’t mean their profits are booming. Tesco, the biggest grocery chain in Britain, said Wednesday that additional costs associated with “feeding the nation” could amount to as much as £925 million this year if restrictions on work and social-distancing measures introduced to counter …

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