Supermarket sales have fallen for the first time in three years as shoppers' appetite for beer, cider and ice cream fell in comparison with a period last year buoyed by hot weather and the World Cup.
Shares in Tesco, Sainsbury's and Morrisons fell after industry data from Kantar showed the market shrank by 0.5% in the 12 weeks to 14 July - the first decline since June 2016. The report said households had been taking one fewer grocery shopping trip during the period while stores are also being squeezed by a slowdown in price growth.
However it anticipated that the market would return to growth once the comparatives with last year's summer period pass.Fraser McKevitt, head of retail and consumer insight at Kantar, said it was a"challenging 12 weeks" with sales declining or growth slowing at all the major grocers except Ocado.He added:"Last year people shopped more frequently and closer to home as they topped up the cupboards while enjoying the sunshine and the men's football World Cup.
"This year households are making one fewer trip, which may not sound like much but is enough to tip the market into decline.
Reflects the standard of food in Supermarkets & the choice is narrowing. They have all raced to the bottom & as a woman I don’t like to shop in a Walmart store if I could possibly avoid.
People have lower shopping budgets now because the low contracts they get offered only just about cover the rent/mortgage and bills...food is the last priority..alot of people have the choice each month of pay the electric or buy food.
Guess why folks? Because the interfering government, advised by lunatic pressure groups have increased charges on carrier bags, implemented sugar taxis, alcohol rises and Christ knows what else. Well done you bunch of tosspots
I agree with JennyLeeKendall with luck, people are buying from local and high street shops.
But look at the Dot-com figures they are well up how do I know that I'm a Tesco dot-com manager
Go on Sky you know you want to. brexit, brexit, brexit, brexit.
Well if people are like us they can’t afford to shop. £150 budget A MONTH for food, toiletries, cleaning products and pet food was six of us now only three. A bit easier but still a tight budget
Could it be that people are actually buying from local shops? That would be a good thought! Putting their money into the local economy not the supermarkets? 🙂
Brexit again
Of course, they'll all blame Brexit.
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