Aldi and Lidl's combined market share soars

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 90%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Aldi and Lidl combined now bigger than any other UK supermarket apart from Tesco

Aldi and Lidl combined now do more business in the UK than any other supermarket apart from Tesco.

The discounters saw their market shares hit record highs after sales rose by 4.2 per cent for Aldi and 4 per cent for Lidl in the three months to April 17. The pair make up 15.4 per cent of the market compared with 5.5 per cent a decade ago.Tesco, which controls 27.3 per cent of the market, was the only other major grocer alongside Aldi and Lidl to pick up share, according to figures from data and consultancy group Kantar.

The Kantar figures showed food prices were 5.9 per cent higher than a year earlier – the biggest increase since 2011. Kantar said food inflation could cost households £271 each per year. The squeeze heightened the focus on low-cost and own brand products. Aldi sales in the period hit £2.6billion, up from £2.5billion a year earlier. Lidl sales hit £2billion, up from £1.9billion a year earlier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Small, selective items, basically some very good is the recipe for Lidi Aldi

The biggest non story ever - 2 separate companies are bigger than all but one single one in the sector

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA

Canada Canada Latest News, Canada Canada Headlines