US EditionGrocery price inflation slows in positive news for shoppers ahead of Christmas
Grocery price inflation eased to 4.7% in October as festive promotions rose and deal spending surged by 9.4%, boosting value for UK shoppers before Christmas.
- Earlier this month, Worldpanel by Numerator reported supermarket prices were 4.7% higher year‑on‑year in October, down from 5.2% in September, as retailers increased festive promotions ahead of Christmas.
- Promotional activity increased as deal spending surged by 9.4% to just under 30% of purchases and online home delivery rose by 11%.
- Market data show Ocado reached a record 2.1% share for the 12 weeks to November 2, while Tesco accounted for 28.2%, Lidl 8.2%, and Sainsbury's 15.7%.
- As a result, retailers emphasise price cuts over multibuys and Worldpanel by Numerator predicts retailer premium own-label lines could exceed £1 billion this year.
- Retailers, mindful of the Budget, respond to household struggles as consumers seek value and quality, shaping Christmas pricing and product strategies this year.
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Evening Standard
Grocery price inflation slows in positive news for shoppers ahead of Christmas
Supermarket prices were 4.7% higher than a year ago in October, down from September’s 5.2%, according to market research firm Worldpanel by Numerator.
UK grocery inflation eases to 4.7 per cent as Christmas promotions kick in
HighlightsGrocery inflation drops to 4.7 per cent in four weeks to 2nd November, down from 5.2 per cent last month.Tesco and Sainsbury's post strong growth of 5.9 per cent and 5.2 per cent respectively over 12 weeks. Asda loses full percentage point of market share as sales fall 3.9 per cent.British grocery inflation has slowed to 4.7 per cent as supermarkets rolled out Christmas promotions early, offering some relief to shoppers facing further …
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Latest figures from Worldpanel by Numerator show that grocery price inflation slowed to 4.7% over the four weeks to 2nd November as supermarkets increased the level of promotions ahead of the key Christmas trading period. Take-home sales grew by 3.2%, (more…) The post Grocery Inflation Eases As Supermarkets Ramp Promotions; Tesco And Lidl Make Biggest Share Gains As Asda Continues To Struggle appeared first on KamCity.
Grocery inflation eases to 4.7% as supermarkets step up Xmas promotions
Grocery price inflation slowed to 4.7% this month as supermarkets stepped up promotions ahead of Christmas, according to new data from Worldpanel by Numerator. Take-home sales at grocers rose by 3.2% in the four weeks to 2 November compared with the same period last year, with spending on promoted items up 9.4%. In contrast, spending on full-priced goods increased by just 1.8%. Black Friday week is expected to give grocers a further lift, partic…
Worldpanel by Numerator: grocery price rises slow as retailers roll out festive deals
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Grocery price inflation has slowed to 4.7% this month as retailers ramp up promotions ahead of Christmas, new figures from Worldpanel by Numerator show. Take-home sales at the grocers grew by 3.2% over the four weeks to 2 November versus last year, with spending on deals specifically climbing by 9.4%. By c…
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