Take-home grocery figures from Kantar show that overall supermarket sales fell by 3.7% during the 12 weeks to 20 February in comparison with last year when the winter lockdown meant people were eating more meals and snacks at home.
However, sales remain 8.4% higher than the same period before the pandemic in 2020.
NamNews Implications:
- With the global Covid fears/uncertainties now replaced by Ukraine worries, consumers are spending cautiously...
- ...despite increasing their work-driven on-the-go consumption.
- Time for suppliers to justify why they are not optimising their potential business with the discounters?
- Especially given that Tesco and Ocado are the only other retailers growing at the expense of the rest…
#OnTheGoConsumption #FearUncertainty #Inflation
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