Aldi overtakes Asda on food and drink sales as turnaround falters [Yahoo! Finance]
TESCO PLC S/ADR (TSCDY)
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Source: Yahoo! Finance
The German discounter has nudged ahead of Asda thanks to higher sales of fresh poultry, fish, eggs and fruit in recent weeks, according to figures from Kantar seen by The Telegraph. According to the data, Aldi accounted for 10.6pc of food and drink sales across all supermarkets in the 12 weeks to March 23 – beating Asda's market share, which slipped from 10.5pc to 10.4pc. Aldi previously had a 10.1pc market share for 12 weeks to February 23 before the increase. The figures, which are distributed privately to supermarkets, do not include sales of alcohol, toiletries, household goods or beauty items. Including these, Asda is still the third largest grocer, behind Tesco and Sainsbury's. However, it will be seen as a sign that Aldi is gaining on Asda aft
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