Wednesday 5 January 2022

Tesco And Discounters Best Performers Over Christmas Period; Supermarkets See Record Own Label Sales As Inflation Accelerates

Given weaker overall sales than 2020 when Covid restrictions boosted demand in supermarkets to record levels, the market share data from Kantar showed consumers treated themselves during the festive season, but with more premium own-label ranges as inflation in the sector pushed up the cost of grocery shopping.

NamNews Implications:
  • Note Tesco Finest & Sainsbury’s Taste the Difference as premium O/L performers
  • (particularly if you subscribe to the belief they are better than National Brands…)
  • Also ‘grocery price inflation reached 3.5% in December’ as a rehearsal for Inflation-2022!
  • …driving discounter share growth resulting from an inevitable discounter-driven price war.
  • As always, key is how your Christmas sales compared, by format and category.
#LatestGroceryShares #ChristmasTrading2021

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