Grocery market grows at fastest rate since records began
Sales of take-home groceries have soared to new heights, growing faster than at any time since records began in 1994, according to the latest market share data.
Take-home grocery sales grew by 17% in the 12 weeks to July 12, 2020, again breaking the record for the fastest period of growth since 1994, according to the latest statistics from market monitor Kantar.
Total sales across the grocery sector reached £31.6bn for the period, which Kantar said reflected the fact that for three months bars and restaurants had either been completely closed or faced severe restrictions.
However, since the hospitality sector in England was allowed to reopen on July 4, Kantar said that grocery sales had decelerated somewhat, up 15% over the past month.
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