Aldi and Asda’s Online Arm Shine Amid Challenging Conditions

  • UK grocery market experiences growth despite challenging weather conditions
  • Aldi attracts additional 883,000 shoppers with a 9.3% sales increase
  • Sainsbury’s sales decline slows down to 0.6%
  • Asda’s online arm sees double-digit growth of 10%
  • Waitrose market share drops by 0.1%, sales remain flat

The UK grocery market has experienced a modest growth of 1.4% year-on-year during the 12 weeks to June 16, according to Kantar. The research firm attributes this to the wet start to summer and the difficult comparison with last year’s heatwave and FIFA World Cup. Aldi attracted 883,000 more shoppers and increased sales by 9.3%, raising its market share to 7.9%. Sainsbury’s sales decline slowed down to 0.6% due to affluent consumers increasing spend. Asda’s overall sales fell by 0.1%, but its online arm saw a double-digit growth of 10%. Waitrose’s market share dropped by 0.1% with flat sales compared to last year. Fraser McKevitt, Kantar’s head of retail and consumer insight, noted that unseasonable weather led to increased comfort food sales.

Factuality Level: 9
Factuality Justification: The article provides accurate information about the latest grocery market share figures from Kantar, including specific growth percentages for various supermarkets and insights into consumer behavior based on weather conditions. It also includes quotes from a relevant source, Fraser McKevitt, head of retail and consumer insight at Kantar.
Noise Level: 3
Noise Justification: The article provides relevant information about grocery market share figures and sales growth, but it also includes some repetitive information and unnecessary details about the weather and specific product categories.
Financial Relevance: Yes
Financial Markets Impacted: The article impacts supermarket companies such as Aldi, Sainsbury’s, Asda, and Waitrose
Financial Rating Justification: The article discusses the sales growth and market share changes for various supermarkets, which can affect their financial performance and stock prices.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk