Tesco continues to stretch its lead in UK grocery market
UK grocery sales continue to tick along nicely over the summer with the latest data from Worldpanel showing a 4.5% rise in take-home shopping in the 12 weeks to 10 August, with market leaders Sainsbury (SBRY) and Tesco (TSCO) outperforming the market. However, in the last four weeks at least, all of the increase in value was down to higher prices rather than higher volumes, as inflation...