date:Aug 04, 2014
globally.
In a recent report, retail association the IGD predicted that sales from the UKs big four supermarkets will decline by 4% over the next five years.
They will still account for 34.9% of spend, but they are losing their grip as the dominant destination for grocery shopping.
It is ironic that big-box retailers blamed for killing high streets are now being challenged as being no longer relevant to how shoppers want to live their lives.
Competition from discounters such as Aldi and Lidl