The credit crunch does not seem to be having any effect on food and drink sales so far.Taylor Nelson Sofres, the market research company which records what consumers purchase in retail shops, has just released figures for the 12 weeks to 2nd December. They show that total food and drink sales grew by 5.1% versus the same period last year. The "big four",
Asda, Tesco, Sainsbury and Morrisons grew by more than this, further tightening their grip on the market, whilst the Coops, Somerfield, and independent stores lost share of sales.
The latest share of sales for each retailer are as follows:
%
Tesco - 31.7
Asda - 16.6
Sainsbury's - 16.1
Morrisons - 11.3
Coops - 4.3
Somerfield - 4.0
Waitrose - 3.8
Aldi - 2.6
Lidl - 2.3
Iceland - 1.7
Netto - 0.7
Other
multiples - 1.6
Independents - 2.5
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