POST Online Media Lite Edition



 

Supermarkets sweep up 17 months of growth in UK

Staff Writer |
Supermarket sales have increased in value by 3.1% compared with last year according to the latest grocery market share figures from Kantar Worldpanel, published for the 12 weeks to 8 October 2017.

Article continues below






This marks the 17th period of growth in a row for Britain’s grocers. Like-for-like grocery inflation remains at 3.2% but consumers could be welcoming a slowdown in price rises in the new year, with the rate projected to fall below 2% in the first quarter of 2018.

Recent stories about the poultry supply chain have not materially dented chicken sales; fresh poultry sales have remained flat in the month of September, while chilled processed poultry has increased in value by 6%.

Meanwhile, Christmas has already started in the supermarket aisles. £69 million of chocolate confectionary boxes were sold in the last four weeks – a near threefold increase on sales in August; mince pies reached sales of £4 million and the British public spent £1.1 million on Christmas puddings.

It’s a mixed picture for the major retailers – each of the big four has grown sales but seen a decrease in market share as smaller operators continue to entice new customers through their doors.


What to read next

Groceries promotions to be clearer for shoppers
ACCC raises concerns about supermarket delisting notices
Baby formula shortage in Australia thanks to Singles' Day