Published: Wed, August 23, 2017
Money | By Armando Alvarado

Lidl becomes seventh-largest supermarket in the UK

Lidl becomes seventh-largest supermarket in the UK

Lidl has overtaken Waitrose to become as the UK's seventh largest supermarket, according to figures published today.

Kantar Worldpanel unveiled in a statement today that overall supermarket sales in the United Kingdom had climbed four percent year-on-year in the 12 weeks ending August 13, with all four of Britain's biggest grocers managing to grow sales for the fifth consecutive period.

He said that Aldi attracted 1.1 million more shoppers through its doors than this time past year.

During the three weels, Lidl sales grew by 18.9pc overall as it was boosted by families buying bigger baskets.

Fresh produce and alcohol performed particularly well at Lidl, Kantar said, with sales growing fastest among family shoppers.

Tesco was the strongest performer among the big four, with a sales increase of 3 percent, sending its shares as much as 3.9 percent higher.

The discounters' success coincides with like-for-like grocery inflation increasing slightly to 3.3% after holding steady at 3.2% for the past two months.

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Overall, UK supermarkets saw sales rise by 4% year-on-year, although the poor weather did hit sales of a couple of summer staples pretty hard. With inflation at its current level, the average household bill could rise by £138 this year.

Lidl and rival German discounter Aldi [ALDIEI.UL] have steadily cut into the market shares of Britain's big four supermarket chains - leader Tesco (TSCO.L), Sainsbury's (SBRY.L), Asda (WMT.N) and Morrisons (MRW.L) - with aggressive store openings fuelling their sales growth.

Waitrose's market share held steady at 5.1% as it managed to increase sales by 2.8% year on year, continuing the unbroken run of growth the grocer has enjoyed since March 2009.

Although Waitrose lost its No 7 slot to...

After more than two years in growth, Co-op's sales declined by 0.4% as its market share fell to 6.3% - down 0.3 percentage points compared to this time last year.

Online pureplay grocer Ocado was hot on the discounters heels in growth rates shooting up 12.4 per cent, raising its market share to 1.4 per cent.

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