business news in context, analysis with attitude

A new TNS Worldpanel study of the UK grocery market shows that Tesco continues to expand its domination there, with a market share of 31.8 percent during the most recent quarter, up from 31.4 percent during the same period a year ago. The growth was part of an overall grocery industry sales growth during the quarter was up five percent over the same period a year ago.

The number two retailer in the UK, Wal-Mart-owned Asda, grew its market share during the period, from 16.6 percent to 16.8 percent, as did Sainsbury, from 15.7 percent to 15.8 percent.
KC's View: