Aldi pips Co-op to 5th spot in UK supermarket rankings

Aldi pips Co-op to 5th spot in UK supermarket rankings

In the space of 10 years, Aldi has grown to become the fifth largest supermarket in the UK, according to new data released by research organization Kantar Worldpanel. Previously, the spot was occupied by The Co-operative, and puts the German discount retailer in sight of the ‘Big Four’, namely Morrisons, Asda, Sainsbury’s and Tesco.

“Just a decade ago, Aldi was the UK’s 10th largest food retailer, accounting for less than 2 percent of the grocery market. Since then, the grocer has grown rapidly, climbing the rankings by an impressive five places to hold a 6.2 percent share,” revealed Fraser McKevitt, Head of Retail and Consumer Insight at Kantar Worldpanel.

Supermarket sales as a whole were up 1.7 percent in 2016, with eight of the nine major retailers posting positive sales growth during the last 12 weeks.

 

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