SUPERMARKET SWITCH: LIDL SEES SPEND FROM ‘PREMIUM SUPERMARKETS’ JUMP BY £10M YOY

07.02.2023 | London, UK

Lidl GB

Lidl GB

  • Shoppers switched £11m from M&S, Waitrose and Sainsbury's in January this year[i], an increase of over £10 million year on year
  • Total of £120 over 12months coming from households choosing to shop at the discounter instead of the 'premium supermarkets'
  • Switching fuelled by Lidl's high-quality fruit and vegetables, with the latter reaching a market share high of 10.2%[ii]

07 February 2023: Savvy shoppers who are seeking to make savings on their groceries are turning their backs on premium priced supermarkets in favour of Lidl GB, new insights have revealed.

Across the past 12 months, Lidl has seen a total of £120m coming from households choosing to shop at the discounter instead of the premium priced supermarkets. In January alone, households switched nearly £11m from M&S, Waitrose and Sainsbury’s, an increase of over £10 million year on year.

Contributing to the YoY increase is Lidl’s fruit and veg range, with the latter reaching a market share high of 10.2%, as shoppers increasingly turn to the discounter for its high-quality fresh produce. Customers are also being enticed to the discounter by its fresh meat and poultry, which also reach a new record market share, as Lidl continues to overtrade across the category.

Ryan McDonnell, CEO at Lidl GB, said: “It’s clear that a lot of shoppers are now refusing to pay a premium for their groceries. As we progress into 2023, we are seeing more customers coming through our doors, switching spend to Lidl from premium supermarkets. We know they switch to us to make savings, but then they stay with us when they realise that they’re not having to compromise on quality.”

Independent analysis conducted by The Grocer of shopping lists across the nation, from fresh produce to branded items, found Lidl GB was £10.31 cheaper than Sainsbury’s and £24.82 cheaper than Waitrose. The Super 33 monthly price comparison also revealed that Lidl GB was cheapest for 21 items.

Last week, the discounter announced plans to invest £4 billion into British food business, accelerating initial spending plans announced in 2019, which saw Lidl GB commit to a five-year £15 billion investment in the British Food Industry across FY20 – FY25, with the figure now expected to hit £17 billion.   

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Notes to Editors

For more information please contact: pressoffice@lidl.co.uk

About the data

[i] Kantar, 4 w/e 22nd January 2023

[ii] Kantar, Grocery (Volume), 12 w/e 22nd January 2023

About Lidl GB

Since establishing itself in Great Britain in 1994, Lidl GB has experienced continuous growth and today has over 28,000 employees, over 950 stores and 13 distribution centres in England, Scotland and Wales.

As part of the Schwarz retail group, Lidl is one of Europe’s leading organisations in the food retail industry. The supermarket, which has more than 360,000 employees globally, currently operates approximately 12,000 stores and more than 200 warehouses and distribution centres in 31 countries.

The supermarket takes pride in providing its customers with the highest quality products at the lowest possible prices throughout Great Britain, from Kirkwall to the Isle of Wight. Social responsibility and sustainability are at the core of the company's daily operations, with the company placing a strong emphasis on its responsibility for people, society, and the environment. Lidl GB is passionate about working with British producers and sources two thirds of its products from British suppliers.

The Schwarz Group, which operates worldwide as a retail group, generated a turnover of €133.6 billion in the financial year 2021.

For more information about Lidl GB visit https://corporate.lidl.co.uk/

Press contact

Corporate press office
pressoffice@lidl.co.uk
020 4530 0005

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