Woolworths Group’s Post

Surely this proves that price isn't everything?! Tesco were voted Britain’s Favourite Supermarket for the 10th year in NIQ’s latest annual Homescan survey. They hold the top spot across 6 of the 10 attributes below, but they aren't in the top 2 for price. Aldi UK and Lidl GB are gaining share, but the grocers that are winning (Tesco and Sainsbury's) are the ones that aren't trying to compete on price alone (like Asda seemingly are). What do you think? Is there more to retail competitiveness than price? #fmcg #grocery #categorymanagment Image from The Grocer (https://lnkd.in/eu5YGfVC)

There is no surprise that Coles Group is excelling in winning the value consumer market. Over the past 24 months, they have strategically expanded their private label program with great success through the multi-tier approach - Coles Simply, Coles, & Coles Finest. These products are not only well-positioned and stocked in-store but also maintain a high standard of quality. With the recent opening of the second automated distribution centre (ADC), Coles Group is poised for further growth in market share, enhancing productivity, and service levels for both stores and consumers. Despite being a smaller business in terms of revenue and store numbers, Coles Group's focused approach on its core supermarket business sets it in a strong position, allowing undivided attention to address any issues and drive performance. Moreover, Coles Group benefits from a significant CODB advantage and currently delivers an enhanced in-store experience. The rebranding of Vintage Cellars & First Choice liquor stores to Liquorland reflects strategic simplification and clarity for both consumers and the organization, leading to cost savings in the future. #focused #foodretail #qualityexecution #smartmoves

Interesting summary

Many of us have grown up with the 'Big 4' being permanent and unchallenged. Most people will now know that Morrisons has been knocked out of this traditional group, but to also see Lidl close to moving in to this previously unshakeable pack is also a further big change. Furthermore, could Asda be moved into 4th with it's ongoing decline or will the resurgence now start with Stuart Rose taking the helm? Could we soon see Tesco, Sainsburys, Aldi and Lidl as the new BIG 4?? I have to say...based on my own observations...Asda has completely lost its way and has a clear identity crisis- previously known as the cheapest, now known as what? Remember Asda clearly strategised for 2nd biggest grocer only a few years ago! The ongoing rise of Sainsburys is an interesting tale, considering it was traditionally known as the more expensive option...but gains market share in the middle of a cost of living crisis. What drives this? One final point...is the customer view of standards no longer important- is it all about price nowadays? Aldi & Lidl gain market share but don't have the traditional standards expected of a grocer...but do customers really care?? Will be interesting to see what happens over the next few years in terms of market share!! Let me know your thoughts!!

⏱️ 60 second read - Highlights of JS Performance ⏱️ Simon Roberts has plenty to smile about this week as Sainsbury's posted a H1 investor update... In summary: Sainsbury's reported a +3.7% increase in #retail underlying profit to £503 million on the back of a 5% rise in #grocery sales. The company claimed some significant gains in share versus the rest of #ukgrocery, driven by customers opting for larger baskets and choosing to trade up to the premium Taste the Difference range, (delivering +18% sales increase YoY). Chief Executive, Simon Roberts highlighted the strong performance and continued volume growth in their food business, attributing success to the combination of value, quality, and service, bolstered by a £1 billion investment in recent years. Looking forward, Sainsbury's plans to open about 20 new #supermarkets and 20 to 25 #convenience stores in the next 18 months. They recently acquired eleven Homebase and two Co-op stores to expand their presence. Looking forward, Roberts expressed confidence in maintaining strong profit growth, expecting retail underlying #profit to reach £1.01 billion to £1.06 billion, a growth of 5% to 10%. The company is also preparing for another robust performance during the #festive season. #striqenews #bfg

🛒 Coles and Woolworths Full Financial Year 2024 Results. This was a very challenging year for both major Australian supermarket chains. Government inquiry, cost of living pressure, consumers' backlash, challenging and costly transformation projects and PR disasters. This was also the last year for Brand Banducci at the helm of Woolworths. Amanda Bardwell, Woolworths veteran with over two decades of experience at the retailer, took over and will try to turn things around after a very challenging year. Despite the challenges, Coles grew +4.3%, and Woolworths grew +3.4% versus year ago (supermarkets divisions). In Q3'24, Coles growth was almost 4x that of Woolworths (5.1% vs 1.3%), but in the fourth quarter Coles slowed down and allowed its main competitor to bridge the gap on the full year basis. More insights on the slides. Stay informed. 🤝 #fmcg #retail

🏆 Winner Declared in Aussie Supermarket Price War! A recent CHOICE report has crowned ALDI Stores Australia as the cheapest option for Aussie shoppers, beating out Coles Group and Woolworths Supermarkets. Here are the key takeaways: 📉 Price Breakdown: - Aldi: $50.79 (down from $51.51 in March) - Coles: $66.22 (down from $68.52 in March) - Woolworths: $68.37 (up from $64.93 in March) 📊 Despite Aldi's consistently lower prices, it still holds only a 10% market share compared to the combined 65% of Coles and Woolworths. ⚖️ Interesting Data Points: - Woolworths' basket price increased by $3.44 between March and June. - Coles saw a drop of $2.30 during the same period. - CHOICE emphasized the benefits of shopping specials, which can drastically affect overall costs. 📢 Call to Action: With significant savings at stake, it might be time to give Aldi a try and see the difference for yourself! #CostOfLiving #Aldi #Coles #Woolworths #GroceryPrices #AustralianBusiness #EconomicNews

Market Update: According to Kantar's latest UK market data for the 12 weeks ending 3rd November: - Morrisons is growing ahead of the market for the first time since June 2021, with sales up 2.4%. - Asda hits an all-time low market share of 12.5%, with sales growth lagging for the 18th period in a row. - Tesco continues to lead, contributing 46% of total market sales growth with a 4.6% YoY increase. - Sainsbury's outperforms the market with 4.4% sales growth, boosted by strong grocery sales and their "Taste the Difference" range. - Aldi shows signs of recovery, with growth just 0.7% behind the market. - Lidl remains the fastest-growing bricks & mortar retailer, driven by a 22% increase in fresh produce sales. Brands are growing faster than own label, with a 4.9% increase. #Retail #MarketTrends #Grocery #Morrisons #Asda #Tesco #Sainsburys #Aldi #Lidl #Brands #Christmas Morrisons Asda Tesco Sainsbury's ALDI USA Lidl GB Co-op Waitrose & Partners

🔎 Amazing Facts about Marks and Spencer! 🛒 Did you know Marks and Spencer has been a trendsetter in retail for over a century? Let’s dive into some fascinating facts: 🧁 M&S started with Penny Bazaar stalls selling biscuits, sweets, and more for just 1 penny! 🌱 In 2007, M&S launched their "Plan A" initiative, aiming to become the most sustainable retailer. 🌍 They've been carbon-neutral since 2012! 🍽️ In 1979, M&S were the first UK retailer to introduce microwavable meals. Today, they sell over 60 million ready meals each year! 🤯 🛍️ In 1928, M&S pioneered the concept of their own brand products, setting a new benchmark for quality. 💯 📏 In 1957, M&S conducted one of the largest sizing surveys in the UK, leading to many of the standardized sizes we use today! 👗 Swipe ➡️ to learn more about their incredible journey! #Sustainability #MarksandSpencer #MandS #RetailFacts #RetailEconomics #BusinessInsights

A rising tide lifts all boats 🛥️ – a philosophy we embrace at North Star . 📈 Just like Sainsbury's, whose market share surged by 0.5 percentage points over the 12 weeks to 4 August, marking its largest year-on-year gain since July 1997. The supermarket saw a 5.2% sales increase, outpacing its competitors, according to Worldpanel by Kantar. Exciting news for Sainsbury’s suppliers right with this kind of rising tide to benefit from? 🛒 If only it was that easy! The team at big fish® highlight a consumer rebellion is underway challenging incumbent category champions...exciting stuff! However, for challenger brands to capitalize on this momentum, they must level the playing field and capture the attention of these rebellious shoppers. ⚖️ Did you know that in the UK, 87% of branded consumer goods sales come from just 3% of suppliers? A stark reality underscoring the need for suppliers to enhance their competitive edge to meet evolving consumer demands. 🏆 Are you ready to start your own rebellion? Reach out to us at North Star today to elevate your brand and stand out in a crowded market...it's easier than you think to get started and we'll be with you all the way on the journey. #NorthStar #Illuminator #gamechanger #challengerbrands