The
latest TNS Worldpanel grocery market share figures, have been published for
the 12 weeks ending 13 July 2008. Chris Longbottom, Director TNS Worldpanel,
comments:” These figures reveal that the success of the discounters is
continuing. The Discounters now account for a 5.9% share of Grocery
Spending, higher than ever before reported, and they are also the
fastest-growing sector of the market. The total grocery market continues to
grow strongly (+7% year-on-year), fuelled partly by food price inflation and
also by better performance for Supermarkets than other Retail Outlets.
“While
the Discounters’ share in the UK has reached a new record, this level is
still modest compared to the share they enjoy on the Continent (11% in
France and 38% in Germany according to Europanel). Aldi and Lidl’s
year-on-year growth stood at 20% and 14% respectively, reflecting their
success in attracting more spend from hard-pressed shoppers, even though the
majority of them still do most of their grocery shopping at the major
supermarket chains.
“Among
the Top 4, both Asda and Morrisons enjoyed 9% growth, ahead of the market
and yielding higher shares than last year. Tesco’s growth of 7% and
Sainsbury’s of 6% were still creditable but slightly behind the overall
market resulting in small share erosion. Such performance is indicative of
the overall buoyancy but intense competition within the Grocery Sector in
the current economic climate.”