Physical entertainment retail sales endured another significant drop over the last quarter, despite a boost in video game sales thanks to triple-A video releases and Christmas gifting.
Tesco was the best performing grocer over the crucial Christmas trading period, which saw average households shrug off economic worries to spend a record £1054 on groceries over the final quarter of 2017. According to the latest Kantar Worldpanel UK grocery market share figures, Tesco recorded a 3.1 per cent rise in sales in the three-month period ending December 31 – its sales growth the retailer has seen since June and beating Big 4 rivals Sainsbury’s, Asda and Morrisons.
UK supermarket sales increased by 3.2 per cent thanks to price rises “keeping supermarket performance buoyant”. In the 12 weeks to November 5, Sainsbury’s was the best performing of the Big 4 grocers, growing sales by 2.6 per cent according to Kantar Worldpanel
The frozen food retail sector is now worth over £6 billion for the first time according to the latest figures from Kantar Worldpanel. An increase in premium frozen food items has reportedly led to a 5.4 per cent increase in frozen food sales, compared to a 0.6 per cent decline a year prior.
Lidl has overtaken Waitrose to become the seventh largest retailer in the UK as the discounters continue grow at more than four times the rate of the Big 4. According to the latest data from Kantar Worldpanel, Lidl saw an 18.9 per cent increase in sales in the 12 weeks to August 13, raising its market share to a record high of 5.2 per cent. “Lidl is growing sales 40% faster with families than with households without children,” head of retail and consumer insight Fraser McKevitt said
Physical music sales have slowed in their decline compared to the rest of the entertainment retail sector, boosted by Ed Sheeran’s recent album release Divine. New figures from Kantar Worldpanel have revealed that physical music sales declined by just 0.5 per cent, significantly better than the overall market sales drop of 12.1 per cent. Its counterparts in the sector also performed significantly worse, seeing a 13 and 12.1 per cent drop in physical sales compared to last year.
Physical music sales have slowed in their decline compared to the rest of the entertainment retail sector, boosted by Ed Sheeran’s recent album release Divine. New figures from Kantar Worldpanel have revealed that physical music sales declined by just 0.5 per cent, significantly better than the overall market sales drop of 12.1 per cent