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Article: Refurbs, ranges key to prosperity.(Insight)
- Article from:
- Grocer
- Article date:
- July 3, 2004
CopyrightCOPYRIGHT 2004 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The recent warm weather has kept business buoyant in the major supermarket chains with top line sales growths at just over 5%.
Soft drinks, fresh foods, non-food and beer and wine continue to drive sales and help to compensate for just 1.5% underlying growth in grocery over the last 12 months.
Homescan Total Till confirms that Tesco and Asda are the winners post-Easter and continue to grow market share in this early summer period and compared to this time last year.
Tesco dominates with a market share including non-food increasing to 28.4% and Asda is up to 17.5%. Sainsbury has lost share, down to 15.8% from 16.5% compared to 2003.
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