Nielsen Wire » value growth http://blog.nielsen.com/nielsenwire Consumer Insights, News, Research & Reports Thu, 09 Feb 2012 20:36:28 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 British Hypermarkets Thrive, While Small Retailers Struggle http://blog.nielsen.com/nielsenwire/consumer/british-hypermarkets-thrive-while-small-retailers-struggle/ http://blog.nielsen.com/nielsenwire/consumer/british-hypermarkets-thrive-while-small-retailers-struggle/#comments Thu, 11 Dec 2008 22:45:38 +0000 admin http://blog.nielsen.com/nielsenwire/?p=5626 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 to save money shoppers are making less visits to grocery stores,” Mike Watkins, senior manager retailer services, Nielsen, noted.  “Nielsen has identified that virtually every major food retailer saw the number of visits per shopper fall in November versus a year ago and the big casualties are those retailers that people visit to do top up, small basket, and indulgence shops.”

According to Nielsen, there are exceptions to this trend.  Retailers like Morrisons and Asda, and value retailers like Iceland drew plenty of shoppers — and even showed accelerating sales in the most recent 12-week period. 

Rank
(by share of
grocery sales)		 Retailers Share of Grocery Sales:
12 Weeks Ending
Dec. 1, 2007		 Share of Grocery Sales:
12 Weeks Ending
Nov. 29, 2008		 % Change:
Value Sales
1 Tesco 28.0% 28.0% 3.2%
2 Asda 15.1% 15.8% 7.7%
3 Sainsbury 14.2% 14.2% 3.6%
4 Morrisons 10.0% 10.6% 9.5%
5 Co-op 6.0% 5.9% 1.7%
6 Waitrose 3.4% 3.3% -0.9%
7 M&S 3.9% 3.7% -0.9%
8 Somerfield 3.5% 3.4% -1.3%
9 Iceland 1.6% 1.8% 13.2%
Source: The Nielsen Company (September 2 – December 1, 2007 and August 31 – November 29, 2008).

View the press release.

]]> http://blog.nielsen.com/nielsenwire/consumer/british-hypermarkets-thrive-while-small-retailers-struggle/feed/ 0 In Britain, Asda Converts Economic Crisis To Sales Growth http://blog.nielsen.com/nielsenwire/consumer/in-britain-asda-converts-economic-crisis-to-sales-growth/ http://blog.nielsen.com/nielsenwire/consumer/in-britain-asda-converts-economic-crisis-to-sales-growth/#comments Wed, 12 Nov 2008 16:07:32 +0000 admin http://blog.nielsen.com/nielsenwire/?p=4557 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.

Growth (by value) of food sales at British supermarkets continued to slow during the most recent 12-week period, dipping to 5.1%, versus the same period in 2007, according to Nielsen.

During the previous 12-week period ending October 4, food sales growth was slightly stronger in Britain (5.4%), despite especially weak September sales growth (4.5%).

“The topline growths at the Multiples are slowing, when they should, in fact, be accelerating,” Mike Watkins, senior manager, retailer services, Nielsen, noted.  “It’s looking like a tough Christmas ahead for food retailers.”

Among the top UK food retailers, Tesco remained the dominant value retailer, with a 28.1% share of grocery market spending during 12-week period ending November 1, 2008 — up 0.1% over the chain’s 28.0% share of value sales during the same period last year.

Morrisons continued to grow by more than 9% year over year for the quarter, but in the most recent four weeks, the chain’s growth dropped to under 7% year over year.

Rank
(by share
of grocery sales)		 Retailers Share of Grocery Sales:
12 Weeks Ending
Nov. 3, 2007		 Share of Grocery Sales:
12 Weeks Ending
Nov. 1, 2008		 % Change:
Value Sales
1 Tesco 28.0% 28.1% 4.0%
2 Asda 14.9% 15.6% 8.7%
3 Sainsbury 14.1% 14.1% 3.4%
4 Morrisons 9.8% 10.3% 9.1%
5 Co-op 6.2% 6.1% 1.6%
6 Waitrose 3.4% 3.3% 0.3%
7 M&S 3.8% 3.6% -0.7%
8 Somerfield 3.5% 3.4% 0.3%
9 Iceland 1.6% 1.8% 13.7%
Source: The Nielsen Company (August 11 – November 3, 2007 and August 9 – November 1, 2008).

View the press release.

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