Accessibility Links

Positive Growth For The Grocery Sector

01 Jun
Fashion & Retail Recruitment News

Thanks to sunny weather, easter shopping and the royal wedding, the grocery sector has been given a helping hand to returning to a “respectable” growth levels.

According to Kantar Worldpanel, the sector grew overall by 4.8% in the 3 months leading up to May 15th, with the last month hitting 7.8%.

Edward Garner, communications director at Kantar Worldpanel, said “The market has seen a boost this period, now growing at a far more respectable rate of 4.8% compared to the lacklustre performance we saw in March of 2.6%.”

Waitrose reported 8.8% sales growth and increased its share to 4.3%, while both Aldi and Lidl both reported double-digit growth.

Iceland reported 5.7% sales growth and kept its 1.9% share of the market. Tesco increased their market share to 30.7% and Morrisons to 11.9%. Sainsbury’s share remained static at 16.3%. Asda was the only brand to report a 0.2% dip in its market share from last year.

Profiles Partners with the London Venus Awards
27 Jul 2018
Profiles Partners with the London Venus Awards
We are very proud to announce that Profiles Creative have partnered up with the Venus Awards and wil...