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's Grocery Market Sees Faster Growth; Market Leader Tesco Recovers Growth Mode

February 10, 2015: 12:00 AM EST
UK's grocery market grew 1.1 percent for the 12-week period ending February 1, 2015, its fastest rate since June 2014, according to market research firm Kantar Worldpanel. Growth during the period was driven by lower fuel prices and the ongoing price war among the country's supermarkets, according to Kantar Worldpanel retail and consumer insight head Fraser McKevitt. Like-for-like grocery prices fell 1.2 percent, helping UK consumers save £327 million during the period. Tesco, UK's largest retailer, saw sales increased 0.3 percent, compared with the same period of the previous year, while Asda reclaimed the number 2 position, grabbing a 16.9 percent share of the market.
"Market accelerates and Tesco returns to growth", Kantar Worldpanel, February 10, 2015, © Kantar Group
Market News
United Kingdom
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.