The UK’s leading grocery retailer Tesco has made further gains in market share while its two nearest rival have both lost out, according to the latest industry figures based on till receipts.
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The data, collated by TNS, showed that Tesco’s market share increased to 27.4% for the three months to 29 February, compared to 27.2% a month ago, and 26.2% in the year-ago period, reported Reuters.
The UK’s second-largest supermarket chain Asda, owned by US retail giant Wal-Mart, saw its market share slide to 17% from 17.1% a month ago. Its market share a year ago was 16.6%.
Sainsbury’s market share slid to 16.4%, compared to 16.5% a month ago and 17.2% a year ago.
Wm Morrison Supermarkets increased its market share slightly to 6.6%, and this week it increased it even more with the takeover of Safeway, which has an 8.7% share according to the latest figures.
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