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Morrison Share News (MRW)
Share News for Morrison (MRW)
| Share Price: 289.30 | Bid: 289.70 | Ask: 289.90 | Change: 2.80 (+0.98%) |  | ||||||
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Tesco sales growth closer to rivals' levels - Kantar
Tue, 14th Aug 2012 13:22
LONDON, Aug 14 (Reuters) - The rate of sales growth at Tesco , Britain's biggest retailer, ros
of its rivals in the 12 weeks to Aug. 5, industry data showed on
Tuesday.
Market researcher Kantar WorldPanel said Tesco's sales
growth accelerated to 3.4 percent in the 12-week period from a
rate of 0.7 percent in similar data from the prior month.
Sales grew by 6.2 percent at Wal-Mart's Asda,
Britain's No. 2 supermarket chain; by 4.6 percent at J Sainsbury , the No. 3 player; and by 1.8 percent at Wm Morrison , the No. 4.
Kantar said the overall grocery market grew 3.9 percent.
Tesco's market share was 30.9 percent in the 12 weeks, up
from 30.7 percent reported in the prior month's data and 31.0
percent in the same period last year.
'Shoppers might not yet notice it at the tills, but they are
starting to benefit from lower grocery inflation, with prices
now rising at 3.2 percent - the slowest rate for 18 months and a
sign that things are starting to look up,' said Kantar retail
analyst Fraser KcKevitt.
Following is a summary of market share and sales.
12 wks to 12 wks to pct change
Aug 5 2012 Aug 7 2011
Total till roll 31,175,890 30,392,490 2.6
Total grocers 23,797,410 22,909,250 3.9
Total multiples 23,283,470 22,378,000 4.0
Market share (percent) and change in sales (percent)
12 wks to 12 wks to pct change
Aug 5 2012 Aug 7 2011 in sales
Tesco 30.9 31.0 3.4
Asda 17.4 17.0 6.2
Sainsbury 16.5 16.4 4.6
Morrison 11.7 11.9 1.8
Co-operative 6.7 7.1 -1.3
Waitrose 4.5 4.4 7.4
Aldi 2.9 2.4 26.0
Lidl 2.8 2.6 11.8
Iceland 2.0 1.9 7.0
(Reporting by James Davey, editing by Jane Baird)
Keywords: BRITAIN GROCERS/
(james.davey@thomsonreuters.com)(+44 20 7542 7674)(Reuters Messaging: james.davey.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, Aug 14 (Reuters) - The rate of sales growth at Tesco , Britain's biggest retailer, ros
e closer to the rates
of its rivals in the 12 weeks to Aug. 5, industry data showed on
Tuesday.
Market researcher Kantar WorldPanel said Tesco's sales
growth accelerated to 3.4 percent in the 12-week period from a
rate of 0.7 percent in similar data from the prior month.
Sales grew by 6.2 percent at Wal-Mart's Asda,
Britain's No. 2 supermarket chain; by 4.6 percent at J Sainsbury , the No. 3 player; and by 1.8 percent at Wm Morrison , the No. 4.
Kantar said the overall grocery market grew 3.9 percent.
Tesco's market share was 30.9 percent in the 12 weeks, up
from 30.7 percent reported in the prior month's data and 31.0
percent in the same period last year.
'Shoppers might not yet notice it at the tills, but they are
starting to benefit from lower grocery inflation, with prices
now rising at 3.2 percent - the slowest rate for 18 months and a
sign that things are starting to look up,' said Kantar retail
analyst Fraser KcKevitt.
Following is a summary of market share and sales.
12 wks to 12 wks to pct change
Aug 5 2012 Aug 7 2011
Total till roll 31,175,890 30,392,490 2.6
Total grocers 23,797,410 22,909,250 3.9
Total multiples 23,283,470 22,378,000 4.0
Market share (percent) and change in sales (percent)
12 wks to 12 wks to pct change
Aug 5 2012 Aug 7 2011 in sales
Tesco 30.9 31.0 3.4
Asda 17.4 17.0 6.2
Sainsbury 16.5 16.4 4.6
Morrison 11.7 11.9 1.8
Co-operative 6.7 7.1 -1.3
Waitrose 4.5 4.4 7.4
Aldi 2.9 2.4 26.0
Lidl 2.8 2.6 11.8
Iceland 2.0 1.9 7.0
(Reporting by James Davey, editing by Jane Baird)
Keywords: BRITAIN GROCERS/
(james.davey@thomsonreuters.com)(+44 20 7542 7674)(Reuters Messaging: james.davey.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
UPDATE 3-Morrison seals $306 mln Ocado deal in online catch-up
* Morrison to invest initial 216 mln stg in 25-year deal* Ocado says deal will not impact Waitrose arrangement* Waitrose talking to lawyers, wants to[Fri 13:43]
STOCKS NEWS EUROPE-Ocado jumps on Morrisons tie-up
Shares in Ocado jump as much as 47 percent to an all-time high of 297 pence after the online shopping group signs a deal with supermarket chain Morris[Fri 09:48]
Morrisons seals deal with Ocado for online service
LONDON, May 17 (Reuters) - Britains' No. 4 supermarket Wm Morrisons said on Friday it has agreed a long term deal with online grocer Ocado to enable M[Fri 06:17]
UPDATE 2-Wal-Mart's British arm Asda shuns vouchers as sales rise
* Says vouchers are "gimmicks" and are unsustainable* Q1 like-for-like sales up 1.3 pct ex fuel and VAT* Says April trade was tough, "pretty strong" s[Thu 16:06]
A taste for defensives sours prospects for European stocks
* Defensive stocks unusually leading Europe stock rally* Healthcare price/earnings ratios at five-year highs* Fund managers still favour defensives -B[Tue 11:32]
Ex-divs to take 9.6 points off FTSE 100 on May 15
LONDON, May 14 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the lat[Tue 09:11]
STOCKS NEWS EUROPE-Ocado squeezed high on hopes of Morrisons deal
Shares in British online grocer Ocado continue their roller coaster ride this week, squeezed 13 percent higher by hopes the firm will soon tie-up a pa[10 May '13]
UPDATE 1-Morrisons still in talks with Ocado as sales fall
LONDON, May 9 (Reuters) - Britain's No. 4 grocer, Wm Morrison Supermarkets, said talks with online grocer Ocado on a possible tie-up were continuing,[9 May '13]
