Sales Growth At British Supermarkets Falls

April 7, 2010 · Filed Under Asda Groceries, Groceries, Morrisons, Sainsbury's, Shopping News, Tesco · Comment 

Sales growth at British supermarket chains has slowed to its lowest pace in nearly three years, largely as a result of a sharp drop in food price inflation according to the results of a new survey.

The study conducted by market research firm Kantar Worldpanel suggests that aggregate sales across all British supermarkets grew by 3.6 per cent year on year during the quarter ending March 21st, the slowest growth rate since August 2007.

Kantar Worldpanel says the reason for the slowdown was due to lower food price inflation which fell to 1.8 per cent compared with 9.1 per cent in the same time period during the previous year.

” While lower inflation has had a dampening effect on retailer growth, it also “brings benefits to consumers. The latest figures suggest that shoppers are taking advantage of slower grocery price increases by trading up to more expensive lines such as Tesco Finest,” Kantar Worldpanel ‘s Fraser McKevitt said.

According to the results of the survey, Morrison’s was the strongest performer amongst the Big Four grocery retailers, with sales increasing by 7.8 per cent year on year during the quarter ending March 21st.

Next was Sainsbury’s with sales rising by 4.6 per cent, followed by Tesco (4.1 per cent) and Asda (2.7 per cent).

Please Note - All Prices Quoted Are Correct at Time of Posting

First Strawberries Of Season On Sale At UK Supermarkets

March 22, 2010 · Filed Under Asda Groceries, Groceries, Morrisons, Sainsbury's, Shopping News, Tesco · Comment 

Signalling the beginning of spring, and the official end to winter, British strawberries went on sale at supermarkets across the country last week.

Strawberries went on sale at 25 Morrisons retail outlets in the South of England, with the UK’s largest retailer Tesco confirming they are now available in 15 stores.

The other major retailers including Asda, Sainsbury’s and Waitrose are all expected to begin stocking the first British grown strawberry crop of 2010 in the next few days.

Tesco strawberry buyer Ben Reed said: “Not only are we enjoying the first warm weather of the year this week but we’ve also now got the first British strawberries which means that summer is well and truly on the way.”

“The arrival of the first home grown strawberries is extremely significant – not only does it herald the start of British Summer Time but it is also the start of the UK growing season.”

“Many shoppers think of the first home grown strawberries as being bitter and hard but the ones we’ve got our hands on are delicious.”

Nicki Baggott, soft fruit buyer for Waitrose, added: “The first British strawberry signifies the end of winter and heralds the arrival of spring. This explains why it’s the ultimate feel good fruit – and one which retailers are clamouring to get on shelves as early as they can.”

Please Note - All Prices Quoted Are Correct at Time of Posting

Small Business Worried By Number Of Supermarkets

March 10, 2010 · Filed Under ASDA, Morrisons, Sainsbury's, Shopping News, Tesco · Comment 

New data released by the newspaper the Daily Mail suggests that more than two fifths of towns in Britain have at least five supermarket outlets within a ten minute drive of one another.

The report suggests that 42 per cent of all British towns were in such a position, with some chains owning more than one outlet within a ten minute drive of one other. The finding has alarmed small business.

David Amess, Conservative MP and and chairman of the All-Party Parliamentary Small Shops Group is calling for a government inquiry into the supermarket industry.

Mr. Amess would like the government to investigate claims that supermarket retail chains are choking high street business.  Mr. Amess claims that the retailers, through the employment of high priced lawyers, are able to overturn decisions taken by local authority.

The rise of the supermarket in the UK contrasts significantly with the number of independent retailers, which has declined considerably from 500,000 in 145, to just 35,500 today.

The ‘big four’ supermarkets – Asda, Morrisons, Sainsbury’s and Tesco have captured nearly 75 per cent of the £80 billion grocery sector.

Add to the mix the fact that the UK entered recession in 2008, and the story for independent retailers has not been good, with more than 2000 going out of business last year.

The diversification of supermarkets into multiple consumer segments has made it even harder for small businesses to be successful.

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Tesco No Longer Amongst Big Three Retailers Globally

January 12, 2010 · Filed Under ASDA, Morrisons, Sainsbury's, Shopping News, Tesco · Comment 

Tesco is no longer amongst the big three global retailers according to recent ranking and report authored by professional services firm Deloitte Touche Tohmatsu.

According to the report, the UK’s leading retailer has dropped from third spot to fourth in the ranking of world’s largest retailers, and was replaced in the number three spot by German retail behemoth Metro.

The report shows that perennial number one, US based retailer Wal-Mart, owner of the UK’s second biggest supermarket chain Asda, retains its position as the world’s largest retail group, ahead of French giant Carrefour.

UK chains Morrisons and Sainsbury’s were also included in the top fifty.

The report, which was featured in the Times newspaper suggests that recession was the primary reason for a fall in profits at tw-thirds of the companies listed.

Ira Kalish, author of the Deloitte report, said: “This has been a tumultuous year for the global retail industry. Sales growth slowed and profitability fell, sharply for some. Many retailers ‘bought’ sales with heavy promotions which hit the bottom line hard. However, we are already seeing evidence that as economic recovery takes hold around the world, retailers should be able to return to a path of improving profitability.”

Tesco is poised to release its Christmas trading update on Tuesday

Please Note - All Prices Quoted Are Correct at Time of Posting

Waitrose UK’s Top Performing Grocery Retailer During Holiday Season

January 11, 2010 · Filed Under Asda Groceries, Morrisons, Sainsbury's, Shopping News, Tesco, Waitrose · Comment 

The top performing UK grocery retailer over the holiday season turns out to be Waitrose, who managed to record a 14 per cent year on year rise in sales growth during the four weeks ending Boxing Day.

According to market research firm Nielsen, the upmarket food and grocery retailer saw sales increase by 13.6 per cent during the quarter ending December 26th, compared with the same time frame in the previous year.

Waitrose sales increase was nearly double the rate recorded by the dominant British grocery retailer Tesco. The UK’s largest supermarket chain trailed its rivals during the period, registering growth of 7.4 per cent during the course of the four weeks. Tesco registered the lowest sales growth for the period.

Morrisons who placed second on the list recorded 11.8 per cent growth in sales during the holiday season, followed by Asda who registered an 8.6 per cent increase in its sales during the period. Sainsbury’s was fourth on the list, and saw a sales increase of 7.7 per cent during the Christmas shopping season.

Commenting on the results, Nielsen said the grocery market experienced a “robust” December and a “particularly strong” Christmas and said the sector had grown by an aggregate of 6.7 per cent during the four week period.

A Nielsen spokesman said “We had a slow start to the season and from the figures it looks like consumers held back until the final fortnight where we saw some exceptional growth. The level of promotional activity in supermarkets usually drops off in December but it remained at 35pc this year. Shoppers shared in the bonanza – price cuts, bigger than ever promotions and loyalty scheme give-aways all helped encourage shoppers to spend.”

Click Here To Buy Groceries Online From Asda

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Campaigners Blast Low Supermarket Booze Prices

January 4, 2010 · Filed Under Booze, Morrisons, Sainsbury's, Shopping News, Tesco · Comment 

British supermarkets have had accusations levelled against them suggesting that they tend to promote irresponsible alcohol consumption habits by selling booze at cheaper prices than bottled water.

Campaigners have accused retail giants including Tesco, Morrisons and Sainsbury’s of tacit approval of binge drinking, after the retailers were found to be selling beer at a little over 5p per 100 ml, which is 3 pence less than the typical cost of a 100 ml bottle of water.

The campaigners claim that supermarkets encourage binge drinking through the use of cheap alcohol prices to attract customers to their stores, ignoring the health risks that are associated with excessive consumption of alcohol.

Alcohol Concern’s chief executive Don Shenker said that government policy aimed at dealing with binge drinking was being seriously undermined by the price cuts undertaken by retailers.

“Unless they tackle the problem of cheap alcohol, they are fighting a losing battle.The evidence shows young people and harmful drinkers are drawn to very cheap alcohol. Supermarkets sell alcohol at a loss because they know it gets people into the stores. A lot of these sales are irresponsible.” Mr. Shenker said.

A spokeswoman for the British Medical Association added: “It is a real worry that you can buy alcohol cheaper than mineral water. We have a huge problem with alcohol abuse in the UK, so we want a clampdown on these cut-throat price deals.”

Sir Liam Donaldson, the UK’s chief medical officer last month criticised the cheap availability of alcohol at supermarkets, and recommended the introduction of minimum pricing for booze.

Mr. Donaldson suggested that an increase in the average cost of a six pack of beer to £6 or by 50 pence per can, could save as many as 3,400 lives and reduce the number of hospital admissions by as many as 100,00 per year.

Please Note - All Prices Quoted Are Correct at Time of Posting

Morrisons Offers Shoppers £4 Christmas Dinner

December 11, 2009 · Filed Under Morrisons, Offers, Shopping News · Comment 

Retailer Morrisons has joined the Christmas festivities and is offering its customers a three course Christmas dinner for just £4.

The dinner for four comprises a starter of tomato soup, for mains a loin of pork plus seasonal vegetables and a dessert of trifle.

A dinner like that would ordinarily cost shoppers £12, and to promote the deal, the retailer has launched a national advertising campaign.

Angus McIver, Morrisons group marketing director, said: “It is now more common to enjoy several feasts before Christmas Day. Our £4 festive feast helps the household budget at an expensive time of the year.”

UK supermarkets continue to cut prices across multiple product lines as they seek to obtain Christmas shoppers over the holiday season.

Please Note - All Prices Quoted Are Correct at Time of Posting

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