Recent fall articles
Sales in British supermarkets picked up during the last two weeks of November, as shoppers turned their backs on convenience stores and the high street retailers in favor of larger purchases at larger, value-oriented hypermarkets, Nielsen reported Tuesday.
Year-over-year growth at hypermarkets reached 6% during the period, while the smallest convenience outlets declined by almost 2% during the 12-week period.
In comparison, year-over-year growth in the British grocery sector stood at 3.2% during the 12 weeks ending 29 November, according to Nielsen. Grocery multiples showed stronger growth (+5.6%) during the period.
“In order …
Despite the tough economic climate, British value retailer Asda is thriving.
According to Nielsen, the chain increased its market share from 14.9% a year ago to 15.6% during the last quarter — the retailer’s highest ever market share, aside from the Christmas 2007 season.
Asda’s performance (8.7% sales growth) during the most recent 12-week period ending November 1, 2008 easily bested the rest of the British grocery market, Nielsen reported Tuesday. The chain showed especially strong growth during October, when the global financial crisis reached a boiling point.




