Grocery market growth declines

February 12, 2014 | By RetailME Bureau

Tesco and Morrisons lost market share in the last quarter as slow sales growth across the food sector compounded fierce competition in grocery. According to Kantar Worldpanel data for the 12 weeks to February 2, Morrisons’ sales slowed 2.5% and its market share fell from 11.8% to 11.3% year-on-year. Tesco’s sales slowed by 0.4% and its market share fell to 29.2% from 30% as shoppers tightened their belts in January. Asda’s market share slipped to 17.3% from 17.7%, despite its sales edging up 0.5%. Sainsbury’s, Waitrose and discounters Aldi and Lidl continued to outperform the wider grocery market, which grew 2.4% – the slowest industry growth since 2005.

Sainsbury’s recorded the strongest growth of the big four grocers, with sales up 2.7% and market share up from 17% to 17.1%. Farm Foods, Aldi and Lidl achieved the strongest growth, as sales rose 43.9%, 32% and 17.2%, respectively, as shoppers sought out bargains. At the premium end of the market, Waitrose’s sales rose 5.6% and it now holds a 4.9% market share, up from 4.8% last year. The Co-op, the UK’s fifth largest grocer, recorded a 0.3% edge up in sales and it holds a 6.1% market share. Iceland’s sales rose 3.1% and its market share went up marginally to 2.3%. The figures come as the BRC-KPMG Retail Sales Monitor today reported that food sales fell 1.2% year-on-year in the three months from November.

“Grocery market growth slipped slightly to 2.4%, indicating that brighter economic prospects are yet to be seen in the nation’s shopping trolleys. The slowest industry growth since 2005 made it hard for many of the biggest retailers to increase sales. However, shoppers felt the benefit as grocery inflation fell to only 2.1%,” says Kantar Worldpanel retail analyst Fraser McKevitt



Previous Article Next Article


Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Download Images RetailME Magazine