COMPANIES Grocery shoppers’ “recession panic” is receding as Waitrose, famed for its emphasis on quality, powers ahead, while the growth of the discounters falters, according to TNS Worldpanel.
The consumer research group said Waitrose’s sales expanded 10.2 per cent in the 12 weeks to August 9, well ahead of the grocery sector average of 5.6 per cent. At the other end of the price spectrum, the expansion of the so-called hard discounters, such as Aldi and Lidl, is losing momentum.
