{"id":9959,"date":"2023-07-26T00:39:37","date_gmt":"2023-07-26T00:39:37","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/supermarket-sales-drop-as-shoppers-prep-for-summer-holidays\/"},"modified":"2023-07-26T00:39:37","modified_gmt":"2023-07-26T00:39:37","slug":"supermarket-sales-drop-as-shoppers-prep-for-summer-holidays","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/supermarket-sales-drop-as-shoppers-prep-for-summer-holidays\/","title":{"rendered":"Supermarket sales drop as shoppers prep for summer holidays"},"content":{"rendered":"

\"Retail<\/a><\/p>
\n<\/p>\n

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\"Supermarket\"<\/div>\n

Sales at UK supermarkets slowed throughout the past four weeks ending 15th July 2023, according to NIQ.<\/p>\n

The consumer intelligence company revealed total till sales were down to 8.9%, compared to 12.4% in June.<\/p>\n

NIQ said the dip was partly caused by the unusually high growth experienced in June, but was also combined with a slowdown in food inflation trading against previous high comparatives.<\/p>\n

The company revealed volume sales at the grocery multiples were down from -2% to -3.6%.<\/p>\n

This was caused by customers readjusting their spending ahead of their summer holidays, as well as cooler and wetter weather in the w\/e 14th July.<\/p>\n\n

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Meanwhile, discounts and promotions now account for 22.5% of grocer sales, up from 20% in the same period last year, as more shops lower prices to help customers manage rising costs.<\/p>\n

The figure makes this the highest in the last 12 months, excluding Christmas and Easter.<\/p>\n

Bargain hunters helped in-store sales (9.4%) rise above online purchases (4.3%), with customers splashing out \u00a3800m more in-store than this time last year.<\/p>\n

NIQ also found an increasing demand for value retail chains, including B&M, Home Bargains and Poundland, where FMCG sales rose 11% as shoppers seek to cut costs in the supermarket.<\/p>\n

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\"Retail<\/a><\/p>
<\/p>\n","protected":false},"excerpt":{"rendered":"

Sales at UK supermarkets slowed throughout the past four weeks ending 15th July 2023, according to NIQ. The consumer intelligence company revealed total till sales […]<\/p>\n","protected":false},"author":1,"featured_media":9960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/9959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=9959"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/9959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/9960"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=9959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=9959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=9959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}