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Business

UK Supermarkets Continue Strong Run While EU Stores Slump

Source: https://huq.io/indicators/uk-supermarkets-continue-strong-run-while-eu-stores-slump/

Supermarket shopping in the UK is holding resilient through the UK’s second national lockdown, with footfall over the last week comparable to last year’s levels while attendance to supermarkets on the continent has reached a new low.

During the first lockdown, footfall to both UK and EU supermarkets dropped by around 40% as people increasingly shopped online. However, during this second lockdown a clear divide has emerged with visits to UK supermarkets including Tesco, Asda, Sainsbury’s and Morrisons down just 15pts in comparison to last year’s levels while those in Europe have dropped by more than 50pts.

With continued restrictions around hospitality, could supermarkets be in for a bumper Christmas? Sign up to receive to our 3x weekly bulletin to track the impact of lockdown 2.0.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

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Datamyne

Founded in 1992 with the aim of accurately documenting import‐export transactions in the Americas, built and maintained by an international team, Descartes Datamyne today is a top‐ranked provider in the highly competitive US market for trade data.