Tesco market share falls to lowest level since 2005
There were share gains at Waitrose and Sainsbury's with the former seeing its share rise to a record 4.5%, while the latter lifted its share by 0.1% to 16.6%.
Asda, which completed its acquisition of the discount chain Netto last year, retained its record market share at 17.5%. Morrisons saw its share fall 0.1% to 12.2% while Aldi, Lidl and Iceland enjoyed double-digit growth to retain record shares.
Kantar Worldpanel said overall grocery market growth was 4.5% in the period which is broadly in line with the grocery market’s performance over the past six months.
Edward Garner, director at Kantar Worldpanel, said: "While the growth rate remains lower than grocery price inflation, currently at 5.5%, the gap between the two measures is narrowing – meaning pressure on household budgets, while still strong, is not getting any worse."
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