retail news in context, analysis with attitude

The Taylor Nelson Sofres World Panel reports that Tesco’s UK market share continued to slip, down in the most recent quarter to 30.8 percent from 30.9 percent during the same period a year ago.

Walmart-owned Asda Group saw its market share grow to 16.8 percent from 16.6 percent during the same period of time. Sainsbury’s market share also grew during the quarter, to 16.1 percent from 15.8 percent a year ago. And William Morrison Supermarkets had market share growth to 11.6 percent from 11.3 percent.
KC's View:
There’s been plenty of debate in the UK about whether the government there needed to aggressively legislate the markets so that companies like Tesco did not accumulate too much market share. The evidence would seem to suggest that competition and gravity have done what the government hasn’t done. The retailers have all gotten better, and this has to be perceived as good for consumers.