Sainsbury's loses second spot to Asda in market share

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Sainsbury's continues to remain the biggest seller of food and drink of the two retailers.

Sainsbury's has lost its place as Britain's second largest supermarket to Asda ahead of their planned merger, industry figures show.regulator submitted multiple objectionsThe latest report by Kantar showed Sainsbury's sales dropped by 1.8% bringing down its market share to 15.3% while Asda increased its market share to 15.4%.

Sainsbury's continues to remain the biggest seller of food and drink of the two retailers while Asda edged out in overall sales. Kantar's data also showed year-on-year the supermarket sector grew by 1.4% over the 12 weeks to 24 March.The figures also reflect a drop of 0.5% owing to this year's late Easter and Mother's Day.

Although shoppers had already splashed out £146m on Easter eggs and nearly half of British households had bought hot cross buns.

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:

 /  🏆 35. in UK
 

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

Coz their prices are to high. Every time I go there something is dearer that the following week. It's a joke that they are not regulated

Surprised sainsburys is even in top 10

Both shit

That’ll be Brexit that will 🤠

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines