Skip navigation

Gloucestershire Business News

Lidl and M&S are fastest growing supermarkets

Discounter Lidl and high-end favourite, Marks & Spencer, are the UK's fastest growing supermarkets.

Lidl's sales over the last 12 weeks were up 13.2%, while M&S sales rose 11.6%, according to the last data from retail analysts NIQ.

Ocado was another big winner, with sales up 11.3% for the 12 week period.

According to NIQ, total till sales at UK supermarkets saw continued growth of 6.6% in January. The analyst said this reflected a 6.1% slowdown in food inflation, which fell to its lowest rate since June 2022, as reported by Retail Gazette.

Grocery shopping after Christmas was up 1.3% compared to last year, as inflationary pressures eased.

Online grocery shopping was up 6.8% in January and in-store supermarket shopping rose by 5.3%.

Overall, shoppers spent 24% less on food and drink in January than they did in December.

Related Articles

EXCLUSIVE: Vacant Gloucester school site could be turned into homes and workspaces Image

EXCLUSIVE: Vacant Gloucester school site could be turned into homes and workspaces

Plans have been submitted to partly demolish the historic complex

Rare chance to snap up manufacturing site Image

Rare chance to snap up manufacturing site

A large manufacturing facility close to Gloucester city centre is on the market.

Taxi driver jailed for Cheltenham death crash Image

Taxi driver jailed for Cheltenham death crash

Daniel Beames died after being struck by the car Ahmed was driving

EXCLUSIVE: Why our equine sector is far more than horse play Image

EXCLUSIVE: Why our equine sector is far more than horse play

Riding school reveals harsh financial reality.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.