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Supermarkets

Lidl keeps place as UK’s fastest growing supermarket

Lidl has proven itself to be the UK’s fastest growing retailer, according to data from market researcher Kantar Worldpanel.

The supermarket saw a market share increase of 0.5% its sales increased by 16.3% compared to this time last year.

Aldi came in second, with the food store increasing sales by 16.2% to hold a market share of 6.9% – up 0.7 percentage points. Aldi’s ‘Specially Selected’ pushed sales up by £26m.

Although its market share fell by 0.3 percentage points to 27.8%, Tesco remains the fastest growing of the ‘big four’ supermarkets, with sales up by 2.6%.

Asda and Morrisons both experienced sales growth of 2.2%, though market share for both were down 0.2 percentage points compared to this time last year.

Sales at Sainsbury’s increased by 1.5% despite market share falling by 0.3 percentage points to 16.2%.

The Co-op’s market share dropped by 0.2 percentage points to 5.8%, and the company experienced sales growth of -0.1%. Waitrose grew overall sales by 1.5% but saw market share fall by 0.1 percentage points.

Iceland experienced its 23rd period of consecutive growth – a run dating back to May 2016 – with sales up by 1.6%.

Internet-only retailer Ocado continued its rapid sales growth – which was up 7.8% – to hold market share at 1.3%.

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