UK supermarket operator Tesco strengthened its dominance of the British supermarket sector in the latest quarter, according to sales data released by industry researcher Taylor Nelson Sofres.
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The data showed Tesco’s market share of the grocery sector increased to 26.4% in the 12 weeks to 30 March, up from 25.5% a year earlier, reported Reuters.
UK rival Asda also increased its market share. The chain, which is owned by US retail giant Wal-Mart, increased its market share by half a percentage point to 16.3% over the same period.
Sainsbury’s market share fell to 16.8% in the 12 weeks to 30 March, down from 17.4% in the year-ago period.
Takeover target Safeway saw its market share fall 0.7 percentage points to 9.7%, while Big Food Group’s frozen food chain Iceland saw its market share fall 0.3 percentage points to 2.2%.
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By GlobalDataYorkshire-based William Morrison, which kick-started the bidding battle for Safeway, increased its market share by half a percentage point to 6.2%.
