Breaking News
Black Friday SALE: Up to 54% off InvestingPro! Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Britain's grocery sales growth slows as lockdown eased

Stock MarketsJul 21, 2020 04:40AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
2/2 © Reuters. FILE PHOTO: A woman wearing a protective mask cleans a shopping trolley outside a Tesco supermarket in London, Britain 2/2

By James Davey

LONDON (Reuters) - Grocery sales in Britain rose 14.6% year-on-year in the four weeks to July 12, slowing from previous weeks as COVID-19 restrictions were eased to allow hospitality and leisure outlets to reopen in England, industry data showed on Tuesday.

Market researcher Kantar said the growth was down from 18.9% in last month's report, with the data suggesting shoppers were cautiously returning to pre-lockdown behaviours.

The government allowed pubs, cafes and restaurants in England to reopen on July 4, giving people an alternative to eating at home.

“As lockdown restrictions are gradually eased and non-essential retail outlets re-open, some consumers are slowly resuming their pre-Covid routines and shopping habits," said Fraser McKevitt, Kantar's head of retail and consumer insight.

But he said normality was still a long way off. Shopper visits to supermarkets were still 15% lower and the average spend per trip was 25.05 pounds ($31.74), 35% more than the same period last year, as people continue to eat more at home.

Online sales rose 92%, accounting for 13% of all grocery sales.

Of Britain's big four grocers No. 4 Morrisons (L:MRW) was the best performer over the 12 weeks to July 12 with sales growth of 17.4% and a market share gain for the first time since 2015. Morrisons shares were up 1.3% at 0817 GMT.

Market leader Tesco (L:TSCO) achieved growth of 15.1%, followed by Sainsbury 's (L:SBRY) on 13.5%. Walmart (N:WMT) owned Asda was the laggard again with growth of 11%.

The big four's growth was dwarfed by Iceland, whose sales surged 34.1% as shoppers bought more frozen food.

German-owned discounters Aldi and Lidl saw sales growth of 13% and 17.3% respectively, though as was the case in last month's report Aldi's market share did fall.

Kantar said grocery inflation was 3.6% over the 12 weeks, with prices rising fastest in markets such as cooking sauces, fresh bacon  and canned colas while falling in fresh poultry, butter and bread.

Britain's grocery sales growth slows as lockdown eased
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email