WHICH SECTORS MAKE THE MOST BILLIONAIRES? March 7, 2012 ● TMT The tech and telecoms sector is holding firm towards the top of the table, with Carlos Slim, Bill Gates and Oracle owner Larry Ellison inside the top 10 and more than 100 across the entire list. Savvy investments in the likes of Facebook and Twitter can also make billions, as Netscape founder James [...]
Tesco keeps on losing share to cut price rivals February 29, 2012 LEADING supermarket Tesco failed to increase sales as quickly as its rivals in the last 12 weeks, data out yesterday showed, while leaked documents showed the Co-op is well behind its sales targets already this year. Tesco’s sales rose 2.5 per cent in the 12-week period ending 19 February, compared with the same period last [...]
Tesco’s slice of market shrinks January 31, 2012 SUPERMARKET giant Tesco has seen its market share fall under 30 per cent for the first time in almost seven years as it struggled to recover from its dire Christmas trading performance, according to new data from Kantar Worldpanel. Tesco’s market share – based on a measure of how much money has gone through its [...]
Tesco’s marketing strategy needs a new broom in 2012 to sweep away its Clubcard January 12, 2012 THESE were bad figures, Tesco can’t get away from that. Britain’s biggest retailer reported its worst Christmas sales performance for decades on Thursday and warned it would see minimal profit growth next year. Down 1.3 per cent like-for-like (including VAT) in the UK was much worse than any other figures we’ve had from the major [...]
Tesco loses market share in run-up to Xmas January 10, 2012 Britain’s biggest retailer, lost grocery market share in the run-up to Christmas as rivals fought back against its price-cutting campaign and cash-strapped shoppers flocked to discount stores, according to new data. Market researcher Kantar Worldpanel said grocery sales rose 4.8 per cent in the 12 weeks to 25 December. That lagged a 5.9 per cent [...]
Value is key for the grocers December 20, 2011 LAST week I looked at how the major UK banks performed on YouGov’s BrandIndex in 2011, and this week I’m turning my attention to how the supermarkets fared over the same year. An interesting starting point is to take the Index Score (which is a composite of six key attribute measures). We see that all [...]
Waitrose tops supermarket poll December 15, 2011 Waitrose has topped the Which? annual customer satisfaction survey for the third year running, winning a score of 83 per cent as its big four rivals failed to impress. Budget retailers Aldi and Lidl came second and third respectively, beating Mark & Spencer – which came fourth – for the first time. Tesco and The [...]
Prices tumble at UK’s stores November 8, 2011 PRICE wars between supermarkets are driving down the cost of food and other items, as stores fight for the attention of increasingly squeezed shoppers. Food was half a per cent cheaper last month than in September, the British Retail Consortium (BRC) revealed this morning. Tesco has been pushing its “Big Price Drop”, while Asda’s “Price [...]
Aldi market share lifts in tough climate October 11, 2011 BUDGET supermarket groups are growing sales faster than rivals in Britain’s grocery sector as cash-strapped shoppers battle to preserve their income by trading down, market research showed yesterday. Kantar Worldpanel said grocery sales rose 5.1 per cent year-on-year in the 12 weeks to 3 October, up from 4.5 per cent in the previous 12 week [...]
Aldi revenues up as shoppers eye deals October 4, 2011 PROFITS at Aldi have jumped as British shoppers increasingly hunting for ways to cut their shopping bills. Discount supermarkets Aldi and Lidl have stolen market share from the likes of Tesco, as “the squeezed middle” – which Tesco believes constitutes 80 per cent of its customer base – look to cut down on household expenditures. [...]