Tesco has increased its lead in the UK supermarket sector, while Sainsbury has slowed its decline, according to the latest figures from TNS Superpanel.
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TNS grocery market share figures for the 12 weeks ending 27 February 2005 show Tesco’s market share at 29.2% compared with 27.0% in the equivalent period a year earlier. Tesco’s sales were £5.225bn, (US$10.08bn) compared with £4.659bn a year ago. “The pressure from Tesco remains relentless as their share posts another record,” said Edward Garner, communications director of TNS Superpanel.
Despite the pressure from Tesco, Wal-Mart’s Asda continues to grow, achieving a 16.9% market share, with sales of £3.014bn, compared with a 16.7% share and sales of £2.888bn a year ago.
Sainsbury’s rate of decline has slowed considerably, he said. Sainsbury’s share was 16.0% this year, with sales of £2.865bn, compared with 16.2% and £2.796bn a year ago.
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