22 maj: Den nye Continental GTC er smuk og stærk som bare f…..
26 maj: Skattereform 2012
22-05-2012 13:04:00

Discount Supermarkets Share Rise, Tesco's Share Continues To Drop

Relateret indhold

LONDON -(Dow Jones)- Discount retailers Aldi and Lidl, as well as Asda saw their market share improve in the 12 weeks ended May 13 as cash-strapped consumers sought cheaper goods to make their money go further.

Meanwhile, the former darling of the retail sector, Tesco PLC's (TSCO.LN) share continued to fall, according to the latest data from Kantar, which monitors the grocery purchasing habits of 25,000 demographically representative U.K. households.

Asda, a subsidiary of Wal-Mart Stores Inc. (WMT), saw its U.K. market share rise to 17.4%, from 16.9% in the 12 weeks ended May 15, 2011. Including Netto, which it bought in April last year, Asda's total market share slipped to 17.4%, from 17.5%.

Upmarket retailer Waitrose also saw its market share rise to 4.5%, from 4.4% while discount retailers Aldi and Lidl's joint market share rose to 5.6%, from 4.9%. Separately, Aldi share rose to 2.8% from 2.3%--an all-time record--and Lidl's share rose to 2.8%, from 2.6%.

Edward Garner, director at Kantar Worldpanel, said the ongoing strong performances of Aldi and Lidl have led some commentators to believe consumers are deserting conventional stores for the discount sector but he believes a more realistic picture of shopper behavior shows that many consumers are continuing to do their main shopping trip in their usual store, but spending the remainder of their household budget on the discounters.

"The stubbornly high level of food price inflation means that shoppers continue to feel the squeeze on their household budgets", Garner concluded.

Tesco's market share fell to 30.8% compared with 31.1% a year earlier, while J Sainsbury PLC's (SBRY.LN) market share remained unchanged at 16.5%. Wm Morrison Supermarkets PLC's (MRW.LN) market share fell to 11.9%, from 12.1%.

Earlier this year, Tesco issued its first profit warning in 20 years citing the most difficult conditions for retailers in living memory. Since that time, however, the retailer has instigated a new round of price cuts and announced a GBP1 billion revamp of its stores.

Regarding future sales, Garner said that figures for the four weeks up to May 15, 2011 were boosted by the Royal Wedding and Easter offering a hint of what is to come over the Queen's Diamond Jubilee weekend.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

(END) Dow Jones Newswires

May 22, 2012 07:04 ET (11:04 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Aktier/tendens: SAS klar med endelige regnskabstal før handelsstart

12-12-2017 08:15:47
Luftfartsselskabet SAS offentliggjorde forud for børsåbningen tirsdag sit endelige regnskab for det skæve regnskabsår 2016/17, og selskabet kan derfor løbe med en del af opmærksomheden ved handelsstart.Det danske aktiemarked kan gå endnu en grøn dag i møde på det ledende eliteindeks, hvis den amerikanske grønne bølge forplanter sig på de europæiske markeder.Mandag fik C20 Cap-indekset en positiv s..

Genmab-rival suser frem på børsen efter nyt kræftstudie

11-12-2017 15:04:38
Genmab kan om flere år møde øget konkurrence for sit største aktiv, kræftmidlet Darzalex, da det amerikanske biotekselskab Bluebird ifølge flere storbanker har et særdeles lovende middel under udvikling.Bluebird har fremlagt gode data for kræftmidlet CAR-T fra et fase 1-studie på konferencen ASH i USA, hvor Genmab også deltager med en præsentation.Goldman Sachs vurderer, at CAR-T ser ud til at vær..

Mærsk bliver overhalet af kinesisk konkurrent på robothavn

11-12-2017 12:24:01
Mærsks APM Terminals var først på banen med en fuldautomatiseret containerhavn i stor skala, men nu er selskabet ved at blive overhalet på størrelsen.I Yangshan nær Shanghai er det kinesiske havneselskab SIPG gået i gang med at teste verdens største automatiserede containerterminal.Yangshan-terminalen får en indledende kapacitet på 4 mio. tyvefodscontainere (TEU) om året, hvilket er godt halvanden..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Investeringsdirektør: Aktiepriserne bør få alarmlamperne til at blinke
2
Genmab-rival suser frem på børsen efter nyt kræftstudie
3
Genmab/Jefferies: Svært at se væsentlig konkurrencerisiko
4
TK Development tager markant nedskrivning og venter stort underskud
5
Genmab-aktien får kurstæsk efter forsigtig udmelding fra ledelsen

Relaterede aktiekurser

Tesco PLC ORD 5P 206,40 0,4% Stigning i aktiekurs
Morrison (WM) Supermarke.. 215,10 -2,8% Fald i aktiekurs
Sainsbury (J) PLC ORD 28.. 237,98 -2,7% Fald i aktiekurs
Wal-Mart Stores Inc 96,93 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Morningstar.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
12. december 2017 11:04:31
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20171124.1 - EUROWEB7 - 2017-12-12 11:04:31 - 2017-12-12 11:04:31 - 1 - Website: OKAY