Blog: Dean BestAll eyes on Aldi in the UK

Dean Best | 28 May 2008

Food is seen as a safe-haven for investors in times of recession as, obviously, we all need to eat.

The latest sales figures on UK retailing, issued today (28 May), support that maxim, which is, perhaps, to be expected.

Interestingly, though, German discounter Aldi has gained the most from weaker consumer spending and anxiety over the economy.

According to TNS Worldpanel, Aldi saw sales jump 19% during the 12 weeks to 18 May and the company now accounts for 2.8% of UK grocery sales – up from 2.5% a year ago.

The figures also support claims made by Aldi UK chief Paul Foley that the company represents an “obvious choice” for cash-strapped UK shoppers.

And among the big four, it is Asda and Morrisons that are gaining ground on Tesco and Sainsbury’s.


BLOG

Vegan tourist tales

I sampled some of the products launched in the UK in the New Year, aimed at those seeking to eat more healthily or cut down on their meat consumption....

BLOG

"We're evolving" - flagship US lobby group insists change coming as more members quit

Hershey and Cargill are the latest US-based food majors to have decided to leave The Grocery Manufacturers Association - and the lobby group says it is looking to change to meet the "disruption" in th...

BLOG

Season's greetings from just-food

Seasonal greetings from our deputy editor and details of our operating schedule....

just-food homepage



Forgot your password?