Tesco’s on top

New figures from Nielsen show Tesco ahead of Big Four rivals

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Posted 01.06.2017 | Retail

New figures from Nielsen show Tesco ahead of Big Four rivals

The latest figures from market research company Nielsen show Tesco has outperformed its Big Four rivals for the second month in a row.

In the 12 weeks up to 21 May, Tesco’s sales grew by 2.2 per cent. Coming in second was Morrisons with a 1.4 per cent rise while Sainsbury’s grew its sales share by 1.2 per cent.

Meanwhile, Asda languished behind – Nielsen reported its sales dropped 0.1 per cent with a market share of 14 per cent.

Aldi and Lidl were winners too, both showed double-digit growth with 18.1 per cent and 19.7 per cent, and a combined market share of 13.5 per cent.

Meanwhile, Waitrose grew by 2.7 per cent and M&S grew by 4.4 per cent.

Nielsen’s UK Head of Retailer and Business Insight Mike Watkins told Retail Week that food price inflation helped grocers grow sales in May, but said it would be a challenge to sustain their growth during the summer months.

 

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