Aldi overtakes Waitrose as UK's 6th biggest grocer
German discount retailer Aldi has leapfrogged Waitrose to become Britain’s sixth-largest supermarket chain.
Food & Drug Retailers
4,369.80
15:45 15/11/24
FTSE 100
8,060.61
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
Sainsbury (J)
243.00p
15:44 15/11/24
Tesco
345.50p
15:45 15/11/24
According to data released on Wednesday by Kantar Worldpanel, Aldi sales rose 16.8% in the three months to 29 March, taking the group’s market share to 5.3%, 0.2%% more than John Lewis Partnership-owned Waitrose.
Waitrose’s sales climbed 2.9% but Aldi was the best performer in the market, which saw grocery prices fall 2%, while fellow German retailer Lidl also reported strong growth, as sales jumped 12.1%.
“The changing structure of Britain’s supermarket landscape is illustrated by two facts,” said Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel.
“Aldi and Lidl now command a combined 9.0% share of the market.
“In 2012 the same two retailers only accounted for 5.4% of grocery sales, while the 72.8% share taken by the biggest four retailers is now at the lowest level in a decade.”