Aldi's U.K. Sales in 12 Weeks Ended Jan 1 Up 12%; Tesco's Up 1.3%
10 January 2017 - 8:12PM
Dow Jones News
By Ian Walker
LONDON--German discount grocer Aldi was the clear winner in
terms of U.K. sales growth over the 12 weeks ending Jan. 1, posting
a near 12% increase on the year, with peer Lidl coming in a close
second, according to a survey Tuesday.
Within the top four, number one grocer by market share Tesco PLC
(TSCO.LN) boosted sales 1.3%, while Wm Morrison Supermarkets PLC's
(MRW.LN) sales grew 1.2%, although both lost market share, Kantar
Worldpanel said. Kantar monitors the grocery-purchasing habits of
25,000 demographically representative households in the U.K.
In the 12 weeks ended Jan. 1, Tesco's market share fell to
28.2%, from 28.3% in the comparable 12 weeks ended Jan. 3, 2016,
while sales rose to 7.85 billion pounds ($9.53 billion).
Aldi and Lidl's joint market share rose to 10.4% in the 12 weeks
ended Jan. 1, from 9.7% in the comparable 12 weeks last year.
Aldi's market share rose to 6% from 5.5%, while Lidl's rose to 4.4%
from 4.2%.
Aldi's 12-week sales grew 12% to GBP1.68 billion, while Lidl's
increased 7.5% to GBP1.23 billion.
Sainsbury PLC's (SBRY.LN) market share fell to 16.7% from 17%,
while sales fell 0.1% to GBP4.66 billion.
Asda, a unit of Wal-Mart Stores Inc. (WMT), saw its market share
fall to 15.5% from 16.2%, and its sales drop 2.4% to GBP4.32
billion.
Wm Morrison's market share fell to 10.9% from 11%, but sales
increased to GBP3.04 billion
Up-market retailer Waitrose's market share rose to 5.3% from
5.2%, and sales climbed 3% to GBP1.46 billion.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
January 10, 2017 03:57 ET (08:57 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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