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Retail

Kantar: Tesco, Asda Sales Slumps Abating

By Publications Checkout
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Kantar: Tesco, Asda Sales Slumps Abating

The latest Kantar Worldpanel market share figures in the UK indicate that during the last 12 weeks, the rate of sales-decrease of Tesco and Asda reduced.

On a like-for-like basis, Tesco’s sales dipped 0.6 per cent, while those of Asda went down by 2.7 per cent.

Rival Morrisons, which is enjoying a period of notable improvement, saw its sales decrease only by 0.1 per cent on a like-for-like basis.

Aldi registered a sales growth of 16.6 per cent. Lidl sales were up 11.3 per cent.

© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly.

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