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

Tesco-Booker deal gets green light as UK grocery landscape shifts

Here in the UK, we've had two significant pieces of M&A news in the grocery retail channel in the last 24 hours....

BLOG

Getting the basics right online

Failed launches cost grocery brands operating in the UK over GBP30m per year - but ironing out mistakes made in listing new products online could help improve marketeers' chances of success, according...

BLOG

US trade body GMA loses another high-profile member

Just months after Campbell Soup Co. decided to leave The Grocery Manufacturers Association, the US lobby group is to see another major member leave....

just-food homepage



Forgot your password?