Despite introducing Pound Zones and multi-buy offers, Tesco is losing customers, while the likes of Aldi and Lidl are fast becoming the UK’s favourite supermarkets. Why aren't Tesco's discounts attracting the growing number of bargain-hunters?
As German discount supermarkets Lidl and Aldi continue to steal market share in Britain, many are chalking up their success to low prices, prompting brands like Morrisons and Tesco to fight back with discounts and offers. But for shoppers, is it just the low prices that’s drawing them in?
With half of the UK population now passing through the doors of discount retailers and their sales showing double digit year-on-year growth, there’s certainly an appetite for discounted goods. But what’s behind this shift? And how is it affecting the UK’s retail landscape?
In the UK, many shops look the same – but the most successful retailers understand that inspiration doesn't always come from within their immediate sector. Retail expert John Ryan explains why.
Consumers remain on edge as unemployment in the US is at a high level and incomes remain flat, but food and petrol prices are an increasing chunk of their budgets. How have supermarkets adjusted to price-conscious consumers?