Sainsbury Sales Grow for Sixth Consecutive Period
09 February 2016 - 8:02PM
Dow Jones News
By Ian Walker
LONDON--J. Sainsbury PLC (SBRY.LN) sales grew for the sixth
consecutive period, and was again the only one of the top four
grocers to gain market share, according to the latest survey
compiled by Kantar Worldpanel.
Outside the top four, German discount retailers Aldi and Lidl
also boosted both market share and sales, and are expected to take
further market share this year as they fulfill their plans for more
outlets, Kantar said. Kantar monitors the household grocery
purchasing habits of 25,000 demographically representative
households in the U.K.
Sainsbury market share in the 12 weeks ended Jan. 31 rose to
16.8%, from 16.7% a year earlier, while sales grew 0.6% to 4.59
billion pounds ($6.59 billion).
Aldi and Lidl's joint market share rose to 9.8%, up from 8.4% in
the comparable 12 weeks ended Feb. 1, 2015.
Separately Aldi's market share has risen to 5.6% in the 12 weeks
ended Jan. 31, from 4.9% for the comparable period in 2015. Lidl's
market share has risen to 4.2%, from 3.5% in the 12 weeks ended
Feb. 1, 2015.
Aldi's sales in the 12 weeks have grown 14% to GBP1.53 billion,
while Lidl's shares have risen 19% to GBP1.13 billion.
Number one retailer Tesco PLC's (TSCO.LN) market share fell to
28.5% in the 12 weeks, compared with 29% in the comparable period.
Tesco sales are down 1.6% over the period to GBP7.77 billion.
Asda, a subsidiary of Wal-Mart Stores Inc. (WMT), saw its market
share fall to 16.2%, from 16.9% for the comparable 12 weeks, with
sales 3.8% lower at GBP4.42 billion.
Up-market retailer Waitrose's market share was unchanged at
5.2%, while sales climbed 0.1% at GBP1.42 billion.
Wm Morrison Supermarkets PLC's (MRW.LN) market share fell to
10.8%, from 11.1%, while sales were 2.2% lower at GBP2.96
billion.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
February 09, 2016 03:47 ET (08:47 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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