Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Discounters increase market share in cash-strapped climate Wednesday, 23rd May 2012
Cash-strapped consumers are heading to Aldi and Lidl for discounted goods, giving the retailers record market shares.
Aldi sales grew 25.4 per cent, giving the supermarket a 2.8 per cent share of the market over the 12 weeks to 13 May, according to Kantar Worldpanel.
Lidl claimed a 2.8 per cent share after growing 11.3 per cent.
Asda recorded a 6.5 per cent rise, just ahead of Sainsbury’s 3 per cent boost as well as Tesco’s 1.9 per cent and Morrisons’ 1.2 per cent.