In the UK, where it has been under attack for too-great domination of the grocery industry, Tesco saw its market share for the 12 weeks ending January 29 grow to 30.6 percent, up from 29 percent during the same period a year ago.
Compare that to Wal-Mart’s Asda Group, which had a decline from 17 percent to 16.6 percent; Sainsbury, which grew from 16 percent to 16.3 percent (and seems on the verge of passing Asda to take the number two position); and William Morrison Supermarkets, which dropped from 12.4 percent to 11.1 percent.
Asda, of course, is leading an effort to get the UK government to put in place planning and zoning restrictions that will inhibit Tesco’s runaway growth.
Compare that to Wal-Mart’s Asda Group, which had a decline from 17 percent to 16.6 percent; Sainsbury, which grew from 16 percent to 16.3 percent (and seems on the verge of passing Asda to take the number two position); and William Morrison Supermarkets, which dropped from 12.4 percent to 11.1 percent.
Asda, of course, is leading an effort to get the UK government to put in place planning and zoning restrictions that will inhibit Tesco’s runaway growth.
- KC's View:
- Which is why the upcoming battle between Tesco and Wal-Mart in the US is going to be so entertaining.
