Financial Times FT.com

Aldi promises to hold new market share

By Alistair Gray

Published: July 22 2008 22:28 | Last updated: July 22 2008 22:28

Aldi, Britain’s biggest budget supermarket, has rebutted the suggestion its increased market share is merely a temporary phenomenon, as figures showed the sector has grown markedly over the past year.

The comments come after Andrew Higginson, Tesco finance director, said discounters were having their “moment in the sun” as belt-tightening consumers reined in expenditure.

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