Abstract
Overview
Introduction
Verdict Research: UK Grocers 2008 provides authoritative and objective
analysis on all key players in the grocery sector, assessing the effectiveness
of their current strategy and market positioning, the challenges they face and
the opportunities available to them. Unlike other reports on the sector,
Verdict' s UK Grocers 2008 includes extensive data for both publicly listed and
private retailers
Scope
- Market size, sales including category sales and growth rates for 2002-2007
- Authoritative profiles on all significant grocery retailers, including
market shares, store profile statistics and key operating metrics
- Space allocation and sales mix estimates for leading players across major
food and non-food product categories
Report Highlights
Market maturity begins to impact Tesco. While the grocer extended its lead
over its rivals impressively in 2007 for the ninth successive year, its market
share gain was the smallest since since 2002. While this should not be
interpreted as a sign that Tesco is beginning to falter, it is indicative of a
stronger competitor set
Achieving its strongest market share gain since 2004, Asda now accounts for
14.1% of the grocery market. Under chief executive Andy Bond the retailer has
simplified its operations and made significant changes to the product offer,
customer service and marketing strategy, while continuing to maintain and
communicate its low price credentials
Inflationary pressures will persist in 2008. In 2007 inflation on core food &
grocery reached 3.0%, its highest level for three years, as retailers
struggled to contain cost increases resulting from energy price rises, poor
harvests and higher logistics costs
Reasons to Purchase
- Assess the market' s dynamics through robust, exclusive market share and
market size data.
- Identify the growth prospects with detailed analysis of the key issues and
drivers of the market.
- Understand each retailer' s store portfolio, retail proposition and future
outlook.
Table of Contents
- CHAPTER 1 EXECUTIVE SUMMARY
- Key Findings
- Main Conclusions
- CHAPTER 2 MARKET ANALYSIS
- Market Definition
- Sales by Retailer Type
- Store Numbers by Retailer Type
- Selling Space by Retailer Type
- Sales Density by Retailer Type
- Channels of Distribution
- Core Food & Grocery Expenditure
- Core Food & Grocery vs Total Retail
- Inflation
- CHAPTER 3 COMPANY DATA ANALYSIS
- Market Shares
- Key Operating Statistics
- Space Allocation
- Advertising
- CHAPTER 4 OUTLOOK
- Overview
- Changing Consumer
- Health
- Convenience
- Value
- Quality
- Ethics
- Rising Food Price Inflation Adds to High Cost Base
- Impact of Competition Commission
- Potential Sale of Somerfield
- Scenario 1 - A Retailer Acquires and Operates Majority of Sites
- Scenario 2 - Business is Broken Up
- Scenario 3 - No Sale at Present
- Conclusion
- Non-food Development Continues to Drive Growth
- Online a Key Growth Opportunity
- Hard Discounters Continue to Grow Market Share
- CHAPTER 5 ASDA WAL-MART
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 6 CO-OPERATIVE GROUP
- Company Overview
- Trading Record
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 7 ICELAND
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 8 MARKS & SPENCER
- Company Overview
- Market Share
- Trading Record
- Six Months to September 2007
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 9 WM MORRISON
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 10 SAINSBURY
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Space Allocation
- Outlook
- CHAPTER 11 SOMERFIELD
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 12 TESCO
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 13 WAITROSE
- Company Overview
- Market Share
- Trading Record
- Year to end January 2007
- Six Months to July 2007
- Current Trading
- Store Portfolio
- Retail Proposition
- Space Allocation
- Outlook
- CHAPTER 14 HARD DISCOUNTERS
- Company Overviews
- Market Shares
- Aldi
- Trading Record
- Store Portfolio
- Space Allocation
- Lidl
- Trading Record
- Store Portfolio
- Space Allocation
- Netto
- Trading Record
- Store Portfolio
- Space Allocation
- Outlook
- CHAPTER 15 SMALLER GROCERY PLAYERS
- Company Overviews
- Booths
- Farmfoods
- Whole Foods Market
- CHAPTER 16 GLOSSARY
- Financial Statistics - VAT
- Trading Profile
- Physical Development
- Abbreviations
- List of Figures
- Figure 1: Total growth in consumer expenditure in major retail sectors
2007 on 2002
- Figure 2: Food & grocery vs total retail inflation/deflation
1997-2007
- Figure 3: Sales per sq ft comparisons 2006/07e
- Figure 4: Operating profit per sq ft comparisons 2006/07
- Figure 5: Key issues in the grocery market 2008
- Figure 6: The changing grocery consumer 2008
- Figure 7: Pressures on food price inflation 2008
- Figure 8: Competition Commission provisional findings & potential
outcomes 2008
- Figure 9: Potential market shares of Asda or Sainsbury on acquisition
of complete Somerfield business 2008
- Figure 10: Opportunities in non-food for Big Four UK grocers 2008
- Figure 11: Online grocery retailing 2008
- Figure 12: Hard Discounters store numbers 2000-2010e
- Figure 13: Hard discounters competitive landscape 2008
- Figure 14: Asda grocery market share 2001-2007e
- Figure 15: Co-operative Group grocery market share 2001-2007e
- Figure 16: Iceland grocery market share 2001-2007e
- Figure 17: Marks & Spencer UK grocery market share 2001-2007e
- Figure 18: Wm Morrison grocery market share 2002-2007e
- Figure 19: Sainsbury grocery market share 2001-2007e
- Figure 20: Somerfield Group grocery market share 2001-2007e
- Figure 21: Tesco UK grocery market share 2001-2007e
- Figure 22: Waitrose grocery market share 2001-2007e
- Figure 23: Aldi, Lidl and Netto market shares 2001-2007e