retail news in context, analysis with attitude

Reuters reports that during the most recent fiscal quarter, Tesco grew its UK market share to 28.2 percent, from 28.1 percent a year earlier. That is the first time since 2011 that Tesco has earned any sort of market share increase in a competitive climate where it has seemed like only discounters Aldi and Lidl were able to make any headway.

Second-ranked Sainsbury also saw a market share increase, to 16 percent from 15.9 percent, as did Waitrose, to 5.4 percent from 5.3 percent.

Walmart-owned Asda's market share declined to 15.6 percent from 15.7 percent, while Morrisons stayed even at 10.4 percent.

Aldi and Lidl saw their market shares remain stable at 6.2 percent and 4.6 percent, respectively.
KC's View:
It will be interesting to see how this shakes out in coming months. We've already seen some of the tumult created by post-Brexit vote economic shifts, and as these continue, chains will have to try to find solid footing on uncertain ground.