Aldi reports record sales in the UK
Aldi's sales in the UK and Ireland reached 8.7 billion pounds in the year to 31st December 2016, with an increase of 13.5% despite overall grocery market growth of just 0.5% during the period.
According to Kantar Worldpanel data, Aldi's current growth rate in the UK is now 15.6%.
Aldi attracted over 1 million customers during the past year at its 726 UK stores. The privately-owned business has a UK market share of 6.9%. Its best performing categories in the UK in 2016 were fresh fish and meat, alongside fruit and vegetables, with its Specially Selected range up 40%.
Furthermore, the retailer plans to open 70 new stores in the UK in 2018 as part of its plans to reach 1,000 by 2022. A record 23 stores are planned to open in the final three months of the year.
"Our growth is accelerating, thanks to the hundreds of thousands of new customers switching their shop to Aldi. This is happening right across the UK and is all down to a simple, straightforward commitment – products comparable to the leading brands and supermarket premium ranges at the lowest prices in Britain," Matthew Barnes, Chief Executive Officer – Aldi UK and Ireland, said. "We’re doing everything we can to insulate customers from those cost increases, making sure our prices are the lowest in the UK, every day of the year."
Aldi, which sponsors Team GB, said 77% of its total sales are from products sourced from over 1,000 British suppliers, including its entire core ranges of fresh meat, eggs, milk, butter, cream, and bakery.
Photo Source: Derek Harper/ geograph.org.uk
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