Good Times For U.K. Grocery Shoppers Continue

The persistent grocery store price war in the U.K., coupled with dropping commodity prices, has meant smaller grocery bills for shoppers. The typical shopping cart of everyday items is now 2.1 percent cheaper than it was last year. The downside of that trend is stagnant growth for the country’s largest grocery chains. U.K. supermarket sales have dropped to a revenue growth of 0.2 percent. Kantar Worldpanel says the lower prices have cut £532 million from grocery store revenue. Meanwhile, sales at fast-growing discount grocery retailers Aldi and Lidl were up 15.1 percent and 10.1 percent respectively for the 12 weeks ending April 26.