Economy

Aldi's popularity with British shoppers soars as sales rise 15pc

Aldi's popularity with British shoppers soars as sales rise 15pc”

During the 12 weeks to 3 December, alcohol sales were up almost £172m on 2016, as we opted for more expensive tipples such as gin - which was up 26 per cent; whisky - up 10 per cent; and sparkling wine - up seven per cent, according to Kantar Worldpanel.

"With Christmas Day falling in a Monday, people are likely to delay their big Christmas shop until the final week and we expect almost all shoppers will visit a grocery retailer at least twice that week", Nielsen UK's head of retail insight Mike Watkins said.

As the snowy weather turns the nation's thoughts to mince pies and turkey, the supermarkets are now also fully focused on the critical Christmas trading season. Like-for-like grocery inflation now stands at 3.6% - it's highest level since 2013.

'Despite its market share falling by 0.1 percentage points to 28.2%, Tesco remains Britain's most-visited retailer - welcoming 21 million households during the latest quarter, ' Kantar Worldpanel said.

Tesco, still the UK's biggest grocer by market share, grew sales 2.5% in the 12 weeks ended December 3, to £7.61bn. "Over Friday 22 and Saturday 23 December, we expect shoppers to part with an eye-watering £1.5 billion as they fill their trollies ahead of Christmas Day". Country rival Lidl chalked up sales growth of 14.5 per cent.

Kantar noted that online grocery sales growth slowed considerably to 2.8 percent, though specialist Ocado outperformed the market with growth of 5.2 percent.

Mr McKevitt said that Aldi saw notable successes in the chilled aisle.

Meanwhile Morrisons' market share fell to 10.6 per cent, despite an annual sales boost of 1.4 per cent year, showing just how much the German discounters are denting market share.

As of 10:22 GMT, Tesco's share price had added 0.68 percent to 206.90p, outperforming the benchmark FTSE 100 index which now stands 0.26 percent higher at 7,473.16 points.

The UK's four biggest grocers saw collective growth of 1.9 per cent during 12-week period, making this the ninth consecutive period of increasing sales for the UK's largest retailers.

The former also filed an increase in market share of 0.5%, taking its total to 5.1%.

The market share of up-market retailer Waitrose, a division of John Lewis Partnership PLC, fell to 5% in the 12 weeks ended December 3, from 5.1%. (WMT), saw its market share fall to 15% from 15.3%, with sales 1.2% higher at GBP4.06 billion. Wm.



Like this

loading...
loading...

Latest


12 December 2017
High school student in police custody after reports of gun at school
Officials are also searching for a second person believed to be involved and other charges may be pending, according to police. Police say the Snapchat was of the brother inside a vehicle , playing rap music with Wando High School in the background.

12 December 2017
Sturridge considering move overseas
Liverpool striker Daniel Sturridge is so desperate for game time he is open to a move overseas in January. The fact is he is no longer essential to Klopp's Liverpool side and arguably expendable.

12 December 2017
Police link 4th freeway shooting to same suspects in Detroit
According to WXYZ-TV , the previous shootings occurred in the area of westbound I-94 near Harper and westbound I-96 near Davison. Each of the shootings occurred during the early morning hours of December 7, along a tangle of interstate highways.

12 December 2017
Four-star RB Fabian Franklin decommits from Mississippi State
The 2018 prospect ranks No. 297 in the 247Sports composite and is the No. 2-ranked prospect in Mississippi. Franklin has more than 3,000 rushing yards as a varsity high school player, according to MaxPreps .

12 December 2017
UnitedHealth Group (UNH) Downgraded by ValuEngine
It operates through three divisions: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. It is negative, as 53 investors sold UNH shares while 496 reduced holdings. 29 funds opened positions while 92 raised stakes.

12 December 2017
International Business Machines Corporation (NYSE:IBM) Charts Reveal Positive Trend
Currently, 153.62 million total shares are owned by the public and among those 92.4 million shares have been available to trade. STATE STREET CORP also announced increased position in International Business Machines Corporation (IBM ) during the quarter.

12 December 2017
Stocks To Invest: Eldorado Resorts, Inc. (ERI), Enbridge Energy Partners, LP (EEP)
Raymond James Financial Services Advisors Inc. increased its position in shares of Enbridge Energy by 1.0% during the 2nd quarter. Osborne Partners Capital Management Llc decreased Novartis A G Sponsored Adr (NVS) stake by 92.01% reported in 2017Q2 SEC filing.

12 December 2017
South Korea president says Thaad will not be 'invasive' of China's security
In an interview with China's state-run CCTV on Monday, Moon himself said trust between the two nations has been damaged in recent years.

12 December 2017
The Eaton Corporation, PLC (ETN) Receives $78.00 Consensus Price Target from Analysts
The stock of Phillips 66 (NYSE:PSX) has "Equal-Weight" rating given on Tuesday, October 10 by Barclays Capital. Mai Cap Mngmt holds 0.11% of its portfolio in United Technologies Corporation (NYSE:UTX) for 13,852 shares.

12 December 2017
Liverpool drawn against Porto in Champions League last 16
The draw for the last 16 of the Champions League has been held at UEFA headquarters and Liverpool , five times European Champions, will play the runners up of group G - FC Porto .