Kantar revealed their latest market share findings on 24th May and barely a ripple has been made regarding their findings, Tesco commence their UK turnaround under Phil Clarke with a 0.1% increase to 30.7%, Sainsbury remain flat at 16.3%, chugging along trying to improve profitability whilst not driving margin continues to plague the chains future […]
In this 4 part blog I’ll turn the focus to each of the supermarket groups and their 2011 outlook, it’s likely to be a key year for the ‘big four’ as many a year is but it’s also a year of transition as Sir Terry Leahy moves on after transforming Tesco into the dominant force […]
Around 6 years ago, Justin King reviewed the Sainsbury’s business which led to the ‘making Sainsbury’s Great Again’ turnaround plan which bore fruit resulting in consecutive quarters of growth since it’s inception in 2004, a major reason for Justin’s arrival was Asda taking over as number 2 in the supermarket league in 2003. Fast forward […]
Asda’s purchase of Netto was widely reknowned as Asda attempting to buy market share to keep themselves ahead of a resurgent Sainsbury, the struggling Netto with a mere 0.7% of the market was an obvious choice for a sale when parent company Moller Maersk were looking to shed some business. There was little criticism when […]
Words from Andy Clarke – Asda’s CEO this week. I don’t think you can dispute the facts with continuing loss of market share, internal sales plunging and an inconsistent store delivery ranging from good to utterly tragic. I ask you, what is ‘not good enough’ for the UK’s number 2 retailer?