UK shoppers are ditching traditional supermarkets in favor of German discount grocers Aldi and Lidl.
Everyone in retail knows that the millennial pound is crucial to the future of shopping as we know it.
German discount supermarket chain Lidl has overtaken Waitrose as the UK’s seventh-largest grocer.
Budget German supermarket chain Aldi is partnering with Instacart, a Silicon Valley-based same-day grocery delivery service, in an attempt to compete with e-commerce giant Amazon.
Food and grocery inflation is set to reach 2.5 percent this year – the highest level since 2013.
When it comes to shopping British people are not so fussed where things come from, except it seems for food.
German discount supermarket Lidl is opening its first US stores today.
If supermarkets were parliamentary seats, we would be looking at a majority government for the Conservatives according to the latest poll from GlobalData.
Having already disrupted food retail, discount players are increasingly impinging on the grocers’ share of non-food retail sectors, with homewares becoming the next battle ground.
Discount supermarket Lidl is set to overtake Waitrose to become the UK’s seventh-biggest grocer this year.
As supermarkets battle with suppliers over increased costs following the devaluation of the pound, it is apparent that they don’t have a lot of room to swallow those increases themselves.
Discount players such as B&M and Home Bargains have rapidly expanded in recent years.
Tesco, the UK’s largest retailer, beat forecasts for its full-year profit this morning as its recovery gained pace.
German-owned retailer Aldi is now Britain’s fifth largest supermarket, according to industry data released today by research firm Kantar Worldpanel.
The UK’s biggest grocers have been among the poster boys for a bumper festive season, but what does their success really say about the state of the grocery sector and what lies in store for 2017?