4th Feb 2020 08:37
(Alliance News) - The UK grocery market achieved a modest growth of 0.3% growth in the 12 weeks to January 26 due to consumer commitments to a dry January and Veganuary, which encourages people to go vegan for the month of January, data from researchers Kantar showed on Tuesday.
For the 12-week period, total UK supermarket sales rose to GBP29.24 billion from GBP29.15 billion.
According to Kantar, Ocado was the fastest growing grocer in the 12-week period with its market share increasing by 0.2 percentage points to 1.4%. Sales at the online grocer jumped 11% year-on-year to GBP397 million from GBP357 million.
Fraser McKevitt, head of retail & consumer insight at Kantar, said: "Ocado was once again Britain's fastest growing grocer with sales 11.2% higher than this time last year. More than half of the online retailer’s sales come from customers in London and the South of England, but its quickest growth is actually found outside of this heartland in the North of England where its sales were 17% higher than the same time last year.â€
Among the big four retailers, J Sainsbury PLC's was again the best performer as its sales fell by 0.6% to GBP4.61 billion in the 12 weeks and its market share declined marginally to 15.8% from 15.9%.
Tesco PLC, the country's biggest supermarket, saw its market share dipping to 27.3% from 27.7% and sales declining 0.9% to GBP7.99 billion. WM Morrison Supermarkets PLC market share slipped to 10.3% from 10.6%, with sales falling by 3% to GBP2.99 billion from GBP3.09 billion last year.
Walmart Inc's Asda saw its market share decline to 14.9% from 15.3%, with sales down 2.2% year-on-year to GBP4.37 billion from GBP4.46 billion.
Aldi's market share grew to 7.9% from 7.5% and sales rose during the 12-week period to GBP2.29 billion from GBP2.17 billion last year. Lidl's market share increased to 5.9% from 5.3% and the discounter's sales were up 11.1% to GBP1.72 billion from GBP1.55 billion.
Co-op sales were up 2.7% year-on-year to GBP1.76 billion from GBP1.71 billion and market share edged up to 6.0% from 5.9%.
Iceland sales climbed 1.4% to GBP676 million and its market share remained flat at 2.3%.
Waitrose & Partners sales slipped 1.5% to GBP1.47 billion in the 12 weeks and its market share declined to 5.0% from 5.1%.
Kantar said grocery inflation stood at 1.0 in the period, with prices rising fastest in markets such as bacon, sausages and cooked meat, while falling in butter, instant and fresh poultry.
On Tuesday morning in London, Sainsburys was trading 0.8% higher, with Ocado up 1.1%. Tesco shares edged 0.7% higher and Morrisons was up 1.2%.
By Tapan Panchal; [email protected]
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