We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

UK Supermarket Sales Grow Slightly In July 2016 Quarter

July 26, 2016: 12:00 AM EST
Supermarket sales in the UK grew 0.1 percent during the 12-week period ending July 17, 2016, compared with the same period in the previous year, according to Kantar Worldpanel. Tesco saw its sales fall 0.7 percent during the period; however, the rate it is losing market share has slowed down, with its share dropping slightly by 0.2 percentage points to 28.3 percent. Sainsbury's lost 0.2 percentage points of its market share to 16.3 percent, with sales falling 1.1 percent during the period. Asda and its recently appointed CEO Sean Clarke saw sales drop 5.6 percent, with market share falling to 15.5 percent. Although Morrisons also suffered slower sales, seeing turnover drop 1.8 percent, this was the best results for the retailer since January 2016.
"Grocery market fails to feel impact of Brexit on prices or volume sales", Kantar Worldpanel, July 26, 2016, © Kantar Worldpanel
Market News
United Kingdom
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.