The Wall Street Journal reports that the latest market studies in the UK indicate that Tesco’s market share there has grown to 31.4 percent in the most recent quarter, up from 30.1 percent during the same period a year ago.
The number three food retailer, Sainsbury, increased its market share year over year to 15.7 percent from 15.5 percent.
Wal-Mart’s Asda Group had a market share for the quarter of 16.6 percent, unchanged compared to a year ago.
The fourth-ranked chain, William Morrison Supermarkets, saw its market share drop from 11.3 percent to 11.1 percent over the year’s time.
The number three food retailer, Sainsbury, increased its market share year over year to 15.7 percent from 15.5 percent.
Wal-Mart’s Asda Group had a market share for the quarter of 16.6 percent, unchanged compared to a year ago.
The fourth-ranked chain, William Morrison Supermarkets, saw its market share drop from 11.3 percent to 11.1 percent over the year’s time.
- KC's View:
- Tesco, of course, can’t expect anything close tyo that kind of dominance in the markets where it will be operating in the US sometime next year. But you hear these numbers, and the prospects for an interesting confrontation between global powerhouses in Southern California and Arizona certainly are certainly shaping up nicely.
