Sainsbury’s to join price match battle October 9, 2011 SAINSBURY’S will turn up the heat this week in the price war between the UK’s leading supermarkets with a pledge to match thousands of prices at rivals Tesco and Asda. The supermarket announced yesterday that it will start its “brand match” campaign this Wednesday, just two weeks after Tesco launched a £500m “Big Price Drop” [...]
Supermarket’s pricing war could put squeeze on Ocado September 21, 2011 TESCO is tipped to launch a price war next week, which one analyst says could put the squeeze on online deliver service Ocado under its pledge to match prices. The retailer was said by industry sources to be trying to dent Asda’s sales, but Ocado could be hit in the crossfire. Panmure Gordon’s Philip Dorgan [...]
Morrisons share edges up as thrift is order of the day September 13, 2011 MORRISONS has emerged as the current market share winner among the big four grocers as consumers look for savings in the tough economic environment. The grocer’s market share improved to 11.5 per cent in the 12 weeks to 4 September compared to 11.4 per cent in the comparable period last year, figures from Kantar Worldpanel [...]
Waitrose sales top £5bn February 3, 2011 Overall growth of almost 10 per cent over the past 12 months meant that Waitrose total sales hit £5bn for the first time in the year to 1 February 2011. The figure is made up of sales from Waitrose branches, Direct Services and food halls, as well as business partners, and was boosted by an [...]
Aldi and Lidl grow their market share July 19, 2011 DISCOUNT supermarkets have grown their market shares as cash-strapped customers seek out bargains. Aldi and Lidl saw strong market share growth in the 12 weeks to 10 July, according to figures from the Kantar Worldpanel. Aldi achieved a 20.2 per cent rise in UK market share to 3.5 per cent. Lidl’s share rose 15.6 per [...]
Croatian wine: surprise gem of Europe’s crop September 19, 2011 HEAD SOMMELIER AND MANAGER OF LUTYENS RESTAURANT AUTUMN’S a busy time for the wine trade and the last couple of weeks have been hectic with several tastings a day. The less glamorous side of the business is tasting interminable numbers of similar wines in order to fill a certain slot on the wine-list, the sub [...]
Aldi market share lifts in tough climate October 11, 2011 BUDGET supermarket groups are growing sales faster than rivals in Britain’s grocery sector as cash-strapped shoppers battle to preserve their income by trading down, market research showed yesterday. Kantar Worldpanel said grocery sales rose 5.1 per cent year-on-year in the 12 weeks to 3 October, up from 4.5 per cent in the previous 12 week [...]
ANALYST VIEWS: CAN OCADO LIVE UP TO ITS EXPANSION PLANS? June 27, 2011 CLIVE BLACK | SHORE CAPITAL In its half-year update Ocado disappointed the market. With a very challenging consumer economic environment and Waitrose’s challenge to come, we believe there are few tailwinds to support Ocado’s momentum. Hence, unsurprisingly with downgrades, we remain cautious on Ocado stock. ANNA SMEE | HUNDRED The fundamental question mark above Ocado [...]
Waitrose hits £5bn sales in record year at grocer January 31, 2011 WAITROSE has surpassed £5bn in sales for a year for the first time ever it said yesterday. Total sales growth for the 12 months starting 1 February 2010 now stands at almost ten per cent. Waitrose managing director Mark Prices said yesterday: “Five billion is a fitting finale to a year of growth and consistent [...]
John Lewis continues to win market share August 26, 2011 John Lewis bucked the general gloom in the retail sector with another rise in weekly sales as it continued to win market share from rivals. The employee-owned business, which has been outperforming competitors for over a year, said on Friday sales at its department stores increased 2.6 per cent to £53.4m in the week to [...]