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The food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010. Tesco is the largest retailer in Great Britain, with a market share of 27.5% at the end of 2022. [a] [1] However, discounters Lidl and Aldi have grown rapidly. [1]
A top Aldi [ALDIEI.UL] executive told Reuters it aimed to have 1,000 UK stores by 2022, up from its current 762 while Lidl said it sees potentially 1,200 to 1,500 stores in the long term, up from 710.
Aldi reached beyond a 10% share of the market for the first time this month
In September 2022 Aldi overtook Morrisons to become Britain's 4th largest supermarket, with a 9.3% market share. [44] In September 2023, Aldi opened its 1,000th location in the UK and shared its plan to open another 500 as a long-term goal. [45] Aldi entered the Irish market in 1999.
Lidl opened its first UK store in 1994. [12] Its grocery market share in the UK was 5.9% in 2019. [13] Sven Seidel was appointed CEO of the company in March 2014, after the previous CEO Karl-Heinz Holland stepped down. [14] Holland had served as chief executive since 2008 but left due to undisclosed "unbridgeable" differences over future strategy.
The business was founded in 1930 by Josef Schwarz (1903–1977), father of Dieter Schwarz. [3] It is headquartered in Neckarsulm, Baden-Württemberg, Germany.The Schwarz Group is an international trading company with 500,000 employees and operates over 12,900 stores (in 2021) across 33 countries.
Online sales account for 22% of retail spending in the UK, third highest in the world after China and South Korea, and double that of the United States. [139] The grocery market in England is dominated by four companies: Tesco (27% market share), Sainsbury's (15.4%), Asda (14.9%) and Morrisons (10%
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