Aldi and Lidl double market share in three years
-
Loading... - LIEZE VAN RIEL
- 17 Nov 2020
- 938 Views
- 0 Like
- 0 Comment
Discount supermarkets Aldi and Lidl have seen their joint share of the groceries market double to 10% in just three years, industry figures show.
Analysts Kantar Worldpanel said Aldi's market share was 5.6% in the 12 weeks to 8 November, while Lidl's was 4.4%.
Sainsbury's was the only one of the "big four" supermarket chains to increase sales and market share.
As a result, Kantar said Sainsbury's had overtaken Asda to become the second-largest UK supermarket chain.
Tesco remains the UK's largest supermarket with a 27.9% market share, while Sainsbury's has 16.6%, with Asda on 16.4%.
Asda's sales fell 3.5% in the latest quarter from a year earlier, more than any of its main rivals.
The figures come ahead of the release of Asda's third-quarter results. Asda chief executive Andy Clarke had described the 4.7% fall in the supermarket's sales in the previous quarter as the firm's "nadir"
