Major UK retailers take a hit over Christmas
Sales volumes down at big four supermarket groups
07 January 2020 - 17:20
London — Morrisons was the big loser as Britain’s major food retailers endured their worst Christmas since 2014, hit by intense competition and sustained consumer uncertainty which put shoppers off splashing out.
Industry figures from market researchers Nielsen and Kantar showed sales at all four big British supermarket groups — market leader Tesco, Sainsbury’s, Walmart-owned Asda and Morrisons — fell in the 12 weeks to the end of December. They continued to lose market share to German-owned discounters Aldi and Lidl...
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