Supermarket sales growth accelerates

Supermarket sales growth accelerates

The latest grocery market share figures from Kantar show year-on-year supermarket sales grew by 1.3% during the past 12 weeks as Sainsbury’s returns to growth and Brexit deadline day approaches. Fraser McKevitt, head of retail and consumer insight at Kantar,...
Asia to generate $4264 billion of grocery sales by 2023

Asia to generate $4264 billion of grocery sales by 2023

Market research from IGD Asia predicts the top five markets in Asia will account for 83% of the region’s grocery sales in 2023, and 78.8% of total growth over the next five years. The grocery market will be worth US$4264 billion by 2023, up from $3126 billion in 2018....
Aldi welcomes one million new customers

Aldi welcomes one million new customers

Aldi has announced ‘record’ results for its last financial year, with 1.1 million British shoppers reportedly swapping to the discount retailer. Sales in the UK and Ireland rose 16.4% to £10.2bn in the year to 31st December 2017 – a higher growth rate than the...
Morrisons sees accelerated performance

Morrisons sees accelerated performance

Results for the half year to 5th August show Morrisons sales soaring, with like-for-like sales up by 4.9% and total revenue up by £8.8bn including a contribution of 0.3% from net new space. Debt is down from a peak of £2.8bn to £929m and cumulative free cash flow is...