UK: Aldi's Sales Growth Outstrips Rivals
German-owned low-cost supermarket chain Aldi has achieved its best ever share of the UK grocery market as budget-focused groups continue to outpace rivals in the consumer dowturn, a survey showed on Tuesday.
Aldi's sales rose by 22.1 percent in the 12 weeks to Oct 5 researcher TNS Worldpanel said.
Of the country's four biggest supermarket chains, Morrison and Asda had sales growth of 9.6 percent and 9 percent respectively, outpacing market leader Tesco , which had growth of 5.5 percent.
Aldi's sales rose by 22.1 percent in the 12 weeks to Oct 5 researcher TNS Worldpanel said.
Of the country's four biggest supermarket chains, Morrison and Asda had sales growth of 9.6 percent and 9 percent respectively, outpacing market leader Tesco , which had growth of 5.5 percent.
