Record sales for UK supermarkets

Thu 09/04/2020 by Richard Wilkinson
Sainsbury’s booked a fall in sales last month for the fifth straight quarter as the UK’s supermarket price war further erodes profit margins.

The covid-19 outbreak sparked the busiest month on record for UK supermarkets, with grocery sales in March soaring by 20.6% compared to the previous month. All 10 major UK supermarkets recorded sales increases during the first 3 months of 2020, according to the new data. Aldi reported an 11% rise in sales. Of the Big-4 supermarkets, Sainsbury’s performed best, with 7.4% growth. The UK’s second-largest supermarket, Sainsbury, is likely to see a further boost to its sales over the coming months following an agreement with WHSmith to sell over 90 new product lines in WHSmith hospital stores. These products will mostly consist of essentials such as toilet roll, pasta and UHT milk.

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