Mike Watkins news, comment and analysis – Page 19
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Customers should always come first
The trading environment remains very competitive for food retailers. But recent updates from Marks and Spencer, Sainsbury and Morrisons confirm that good execution of a customer-led strategy will grow market share and attract spend from new...
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Easter boost for the multiples
Easter was later than usual this year and so was the expected sales uplift for many food retailers. Overall, the grocery multiples achieved an encouraging 7.4% growth in total sales in the four weeks to April 22 and, as expected,...
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Sainsbury regains number two slot
Three years on from losing the coveted position of number two supermarket by sales, Sainsbury's sales growth since January has been strong enough to help it overtake Asda and regain the second from the top spot.With more people...
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Business as usual for food shoppers
Despite the top four supermarkets once more being back under the Office of Fair Trading's microscope, it's business as usual as far as food retail consumers are concerned.TradeTrak for the 12 weeks to February 25, 2006 confirms...
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Multibuys back on the agenda
On the back of the impressive half-year results from Tesco, this month’s Homescan Tradetrak confirms that Tesco has continued to grow market share in a weakening retail market.Top-line food growth in the multiples slowed in August to 3.4% with...
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Rates cut a boost for food retailers
The recent reduction in interest rates may eventually benefit the clothing, home and electrical retailers, where spend is slowing and is always more discretionary, but when it comes to food shopping, price reductions and everyday good value have...
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Chains targeting non-food to grow
Its that time of year again. ‘School’s out for summer’ and ‘back to school’ promotions are already in-store as the supermarkets look to drive sales at the expense of traditional clothing retailers.Many food retailers have been very successful...
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Store promotions set to proliferate
The retail business environment remains very competitive and profits are hard to maintain, according to a number of retailers in recent trading statements. The winner, of course, is the consumer, as many food categories are now cheaper in real terms...
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Easter shoppers smile on Asda
While the seasonal sales uplifts in April have been slower than expected for many high street retailers, this month’s Tradetrak shows that Tesco and Asda have both benefited from good trading over the 12 weeks to April 16, which includes the impact...
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Tesco's double whammy
Tesco has broken through the 30% market share barrier for the first time, according to exclusive new figures for The Grocer.The revelation comes just days before Britain’s biggest retailer is expected to post a profit of more than £2bn for the...
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Tesco hits 30% share of total till
The slowdown in consumer spending is beginning to impact on food retailing. The topline market growths for food, drink and non-foods in supermarkets in the four weeks to March 19 were a strong 5.6%. However, other than the hypermarket channel,...
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The superstore’s time has arrived
If 2004 was all about the consolidation of the trade, the development of new convenience formats and the rapid growth of hypermarkets, then this year could well see the evolution of the superstore, which are stores from 25,000 sq ft to 40,000 sq...
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Tesco: can it do no wrong?
Six out of every 10 people visited a Tesco store in the four weeks to Christmas, spending an average of £148.22 each.The UK’s top food retailer took almost 30% of trade in these key weeks, according to The Grocer’s exclusive TradeTrak research...
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Asda has a merry little Christmas
The Christmas trading period this year clearly established Tesco, Asda and Waitrose as winners, according to this month’s Homescan Total Till. All three retailers achieved sales growths of between 10% and 20% over the same four-week period last...
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Reshaping of the c-store landscape
This month’s Homescan Tradetrak analysis confirms that, despite inconsistent weather during the 12 weeks to September 4 that is estimated by ACNielsen to have reduced topline growth in supermarkets by 1%, shoppers continue to spend more at retailers...
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Top two a serious threat in non-food
Grocery multiples now retail over £67bn per annum and non-food (clothing, general merchandise, music and video and electrical) is the fastest growing category, with a 15% year-on-year growth according to ACNielsen Scantrack. Tesco and Asda...
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No quick wins with integration
With the consolidation of the top end of food retailing complete, the now top four retailers (previously five) have a commanding 77% market share according to Homescan Total Till.While this is high compared to some European countries it is only...
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Plenty of scope for the co-ops
Sainsbury is showing a slip in share to 15.9% after the modest rebound it achieved three months ago. At this time of year the seasonal non-food ranges of Asda and Tesco give added growth to stores sales which can be gauged by their average spend per...
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Value for money wins over price
While it is still much too early to assess how the new Morrisons group will perform, the fact that more than a third of all shoppers now visit one or other of the fascias demonstrates that there is a big opportunity to develop the range further...
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Tesco winner at Christmas
More than half of all UK households shopped at a Tesco store during the four-week run up to Christmas, according to ACNielsen Homescan TradeTrak data which measures grocery and non-food spend.In the four weeks to December 27, 53.3% of all...