Account
Discount retailer Aldi recorded a record market share of 3.5% and sales growth of 31.5% in this 12 weeks to May 12, while among of the four leading supermarkets, only J Sainsbury PLC (SBRY.LN) increased its market share, according to market research company Kantar Worldpanel.MAIN FACTS:-Tesco PLC (TSCO.LN) market share 30.2% (12 weeks to May 13 2012: 30.8%)-J Sainsbury PLC (SBRY.LN) market share 16.8% (2012: 16.5%)-Asda market share 17.2% (2012: 17.4%)-Wm Morrison Supermarkets PLC (MRW.LN) market share 11.6% (2012: 11.9%)-Aldi's share 3.5% (2012: 2.8%); Lidl's share 3.0% (2012: 2.8%.-Waitrose market share 4.9% (2011: 4.5%).-Edward Garner, director at Kantar Worldpanel, said market polarization continues to pile the pressure on the big four grocers.-Write to Ed Ballard at ed.ballard@dowjones.comSubscribe to WSJ: http://online.wsj.com?mod=djnwiresCopyright © 2013 Dow Jones Newswires...
Continuing recent trends J Sainsbury PLC (SBRY.LN) was the only one of the top four U.K. supermarkets to gain market share in the latest 12 weeks ended April 14, whi...
Insatiable demand among the global super-rich for swanky retail property in Europe has driven rental returns on the best shopping streets so low they are not much hi...
Shares of Eurasian Natural Resources Corp. surged after bid talks on Friday, while the broader U.K. stock markets broke a five-day losing streak after banks and mine...
French retail giant Carrefour SA (CA.FR) Thursday posted a drop in sales over the first quarter, as negative currency effects wiped out the impact of underlying sale...
French retail giant Carrefour SA (CA.FR) Thursday posted a drop in sales over the first quarter, as negative currency effects wiped out the impact of underlying sale...
Most U.K. stocks slumped on Wednesday, with shares of BHP Billiton PLC and Tesco PLC among major decliners on earnings reports.The FTSE 100 index dropped 1% to close...
Europe's top stock index slumped to its lowest close of 2013 on Wednesday, after Bundesbank President Jens Weidmann warned the euro-zone's economic recovery could ta...
German stocks slumped to a four-month low on Wednesday after speculation of a sovereign downgrade, while the broader European stock markets headed for a fourth strai...
Britain's biggest retailer, Tesco, wrote down the value of its global operations by $3.5 billion and announced plans to exit the United States, as it sought to rebui...
European stock markets were on track for a fourth straight day of losses on Wednesday, with heavyweight Tesco PLC posting steep losses after a lackluster earnings re...
UK supermarket operator Tesco PLC (TSCO.LN) Wednesday counted the cost of the clean-up operation for its domestic business and its failed U.S. venture, reporting its...
UK supermarket operator Tesco PLC (TSCO.LN) Wednesday counted the cost of the clean-up operation for its domestic business and its failed U.S. venture, reporting its...
The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&...
Abercrombie & Fitch (NYSE:ANF) verbally agreed this week to sign the Bangladesh fire and building safety accord to improve worker conditions in the world's second-la...
Asda, the British arm of United States retailer Wal-Mart , said underlying sales rose 1.3 percent in its first quarter.Britain's second-biggest supermarket chain beh...
Visa Europe, the European licensee of Visa Inc. , has offered to cap its inter-bank credit card fees at the same level as rival MasterCard to end a European Union an...
In the wake of a building collapse in Bangladesh that killed at least 1,127 garment workers, a group of Western retailers on Monday pledged to avoid substandard fact...
Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying ...
Former Tesco PLC (TSCDY) Finance Director Andy Higginson, who is representing a consortium of investment and hedge fund companies, has offered Royal Bank of Scotland...