Easing of grocery inflation emboldens UK shoppers, but will it continue under Starmer?
Grocery market inflation in the UK has tumbled to 1.6%, the lowest level it has been in nearly three years, according to newly released data from Kantar Worldpanel. That easing has helped spur on foot traffic to supermarkets. In the past month, consumers have increased their trips to shops by 2% and spent more on […]
Kantar: Grocery inflation falls again, but sales struggle to match upbeat outlook
Despite the continued upbeat trends on grocery inflation, supermarket sales remain sluggish across the UK. According to new data released by Kantar Worldpanel, grocery inflation fell for the 16th consecutive month (12 weeks ending June 9). However, grocery sales only managed a 1.0 percentage point increase, the smallest in two years. Wet weather may have […]
Waitrose commits to ‘Good Health’ by slashing prices again on fresh vegetables, meats
Britain supermarket price wars are continuing into spring of 2024, with Sainsbury’s cutting prices on 1,000 items and Waitrose reducing the cost of 200 items including fresh vegetables. The major announcement by Sainsbury’s, however, only hinted that it would include “favourite branded products.” The chain didn’t not reveal much more than that and whether those […]
Across the pond, companies struggling to get shoppers to purchase brand-name produce
Produce brands not only have fierce competition from other brands, but also from private-label fruit and vegetables. In the last two years, inflation has impacted the cost of produce, further challenging brand-named produce. Companies need to fully understand the impact of inflation on consumers, and what they are looking for in their products to convince […]
How low can Aldi go? How about £37 cheaper than a rival supermarket on 72 similar items
Deep discounters are continuing to dominate the price wars that have been occurring in the UK since the darkest days of the COVID-19 pandemic. Depending on the publication or source, one or the other – Lidl or Aldi – have been out front and up front about their low, low prices. And they are delivering […]
Aldi pushes price cuts on fresh produce even further in first quarter of 2024
Many of Aldi’s price cuts may seem nominal, but in truth, the discount retailer has lowered them by 7% on 25% of its fresh produce to start 2024. Those drops include more than 50 items, from berries, grapes, tomatoes and apples to its fresh salad range. “This year we’re aiming to cut more prices than […]
Have we finally reached a ‘crisis’ moment in the divide between British growers and retailers?
Earlier this week, the chairman of British Berry Growers Nick Marston said that “confidence in their retailer partners had been dented,” notably impaired by an outdated Groceries Supply Code of Practice (GSCOP). “It is not fit for purpose in today’s inflationary marketplace,” said Marston, whose group represents 95% of those who grow in the commercial […]
Asda squares off against both Aldi and Lidl in price-matching scheme that includes 287 new items
In an effort to stave off gains being made by deep discounters Aldi and Lidl in the UK, Asda has promised it will be matching prices from both competitors this year. Asda, which currently sits comfortably ahead of the two in market share according to Kantar Worldpanel data – 13.6% to Aldi’s 9.3% and Lidl’s […]
