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CREDIT CRUNCH, PR PUNCH A week may be a long time in politics - a year certainly is in UK retail. Whilst the G8 has its annual meeting in Hokkaido, Japan, set against a drastically changed global economic backdrop compared with when it met 13 months ago, the column inches on the latest UK retail winners and losers continue to pile high. It’s a challenging environment for UK retailers, to say the least, but some are winning, and one winner at least is capitalising on the opportunities that the current economic situation is creating by driving footfall and sales at a faster rate than its competitors - Aldi. In fact, according to Nielsen, Aldi is THE fastest growing grocer in the UK - footfall and sales are up by over 30% and its market share is 2.9%, up from 2.5% a year ago. |
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