UK Discount Grocers Gain Market Share as Shoppers Guard Finances
Buses pass a Lidl supermarket in Hackney, London.
Photographer: Jose Sarmento Matos/BloombergThis article is for subscribers only.
Britain’s discount grocers gained market share as shoppers looked for value and promotions in the run up to the holiday season and at the start of the year.
Sales rose 7.4% at Lidl and 4.2% at Aldi over the 12 weeks to Jan. 26, research firm Kantar said in a statement Tuesday. Much of that growth likely came at the expense of privately owned Asda, where sales fell 5.2%. It was the only supermarket to record a drop in the period.