Britain’s “big four” supermarkets are in danger of losing their market share as British shoppers increasingly migrate to discount grocers and Waitrose. New data published by Kantar Worldpanel on Tuesday showed that grocery sales had grew at their slowest rate in nine years over the past 12 weeks.
The “big four” food grocers have pledged to cut down on millions of tonnes of food waste by disclosing information to the British Retail Consortium, it has been revealed. Retailers have been under pressure after Tesco revealed that the average household wastes £700 worth of food a year in a scathing report about its customers.
Waitrose is set to announce on Thursday that it will hire 2,000 more members of staff to cover the 26 new store openings it has planned for 2014.
A senior Morrisons employee was arrested in December following allegations that he bought shares in online grocer Ocado, it has emerged. According to the Telegraph, group treasurer and head of tax at Morrisons, Paul Coyle, was arrested in December after an investigation by the Financial Conduct Authority (FCA).
Supermarket chain Morrisons could see its “big four” status under threat after poor Christmas sales saw its market share drop to 11.5 per cent in the 12 weeks to January 5. Data from Kantar Worldpanel shows that the retailer has lost ground on discount retailers and major rivals following poor a Christmas, in which sales fell by one per cent.
The number of Sainsbury’s convenience stores in the UK will surpass the amount of Sainsbury’s supermarkets for the first time this week. As part of its pledge to open at least two c-stores a week during 2013/14, the retailer will unveil its 594th Sainsbury’s Local on Thursday in Balsall, Coventry.
John Lewis Partnership has hailed “a cracking start to the year” as both John Lewis and Waitrose record bumper post-Christmas sales. Total sales across John Lewis department stores rose 23.6 per cent to £113.4 million in the week ending January 4, while the retailer’s total sales, which includes sales online, were up 15.8 per cent year-on-year.
Bradford-based supermarket chain, Morrisons, has warned that full-year profits will be at the bottom of market expectations after reporting a 5.6 per cent drop in like-for-like sales over the crucial Christmas trading period. Chief executive Dalton Phillips, in an unscheduled trading update, conceded that the UK grocery market had been “very tough” and that its Christmas performance had been “disappointing”.
Budget grocers Lidl and Aldi achieved record Christmas sales in the UK as consumers responded well to their low price, high value products.
Premium British grocer Waitrose today posted a 3.1 per cent rise in sales during the Christmas period. The result means that the grocer emerges as one of the top performers during the key trading period, with Sainsbury’s only posting a sales boost of 0.2 per cent. Aldi and Lidl also claim to have had a successful Christmas trading period despite not disclosing any figures.
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