Sainsbury’s and Wm Morrison plunged c.5% yesterday after Kantar Worldpanel data showed a 20bp market share reduction (on a yoy basis) for both retailers during the 12 weeks ending 3 December 2017. The UK’s second and fourth largest grocers now command 16.3% and 10.6% market share, respectively. Market leader Tesco (-10bp yoy; 28.2% share) was least impacted amongst the UK’s big four as German discounters Aldi and Lidl jointly gained 120bp during the period (together command
13 Dec 2017
UK price war set to intensify as inflation and discounters bite
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UK price war set to intensify as inflation and discounters bite
Tesco PLC (TSCO:LON) | 288 0 0.0% | Mkt Cap: 20,265m
- Published:
13 Dec 2017 -
Author:
Nishant Choudhary -
Pages:
2
Sainsbury’s and Wm Morrison plunged c.5% yesterday after Kantar Worldpanel data showed a 20bp market share reduction (on a yoy basis) for both retailers during the 12 weeks ending 3 December 2017. The UK’s second and fourth largest grocers now command 16.3% and 10.6% market share, respectively. Market leader Tesco (-10bp yoy; 28.2% share) was least impacted amongst the UK’s big four as German discounters Aldi and Lidl jointly gained 120bp during the period (together command