Latest news with #FraserMcKevitt
South Wales Argus
4 days ago
- Health
- South Wales Argus
Weight loss jabs could be starting to affect shopping habits in UK supermarkets
Grocery sales were down by 0.4% in the four weeks to June 15 – the first year-on-year decline this year – in what could partly be down to changing health priorities such as the growing use of weight loss drugs, analysts Kantar said. Fraser McKevitt, Kantar's head of retail and consumer insight, said: 'Supermarkets and grocery brands are entering new territory as weight loss drugs become more popular, with four in 100 households in Great Britain now including at least one GLP-1 user. 'That's almost twice as many as last year so while it's still pretty low, it's definitely a trend that the industry should keep an eye on as these drugs have the potential to steer choices at the till. 'Four in five of the users we surveyed say they plan to eat fewer chocolates and crisps, and nearly three quarters intend to cut back on biscuits.' Earlier this week, GPs across England were given the green light to start prescribing Mounjaro for the first time, opening up the treatment to hundreds of thousands more people. About 220,000 people are expected to receive the jabs through the NHS over the next three years. It has raised the prospect that supermarkets could start to see a more pronounced dip in grocery sales. Those on the treatments consume as much as 30% fewer calories, research has found. According to a report by Morgan Stanley, patients taking the treatments cut back significantly on both alcoholic and sugary non-alcoholic drinks, with consumption falling by 63% and 65% respectively. In 2023, US supermarket giant Walmart said it had seen a 'slight pullback' in how much people were putting in their baskets because of the jabs. Meanwhile, grocery prices are now 4.7% more expensive than a year ago as supermarket inflation hit its highest level since last March. The figure is up from 4.1% last month, which was a rise from 3.8% in April. Price rises did not stop British consumers from making 490 million trips to the supermarket over the last month, averaging almost 17 per household and the highest recorded by Kantar since March 2020. The increase in visits saw take-home grocery sales over the four weeks to June 15 grow by 4.1% compared with the same period last year. However, the rise in the frequency of visits was balanced out by a drop in average amount spent per trip, which fell by 3p to £23.89. As temperatures rose, consumers bought 2,400 packs of strawberries every minute in the last four weeks. Shoppers also traded up to more exotic fruits too, with sales of mangoes and blueberries climbing by 27% and 10% respectively. 2,400 packs of strawberries have been sold each minute in the last four weeks (Philip Toscano/PA) Consumer concerns over price are continuing, with sales of own label ranges growing 4.2% this month ahead of branded lines as shoppers looked to balance their budgets. Lidl was the fastest grower among bricks and mortar grocers (Andrew Matthews/PA) Ocado was the fastest growing grocer with sales up 12.2% in the 12 weeks to June 15 to take a 1.9% share of the market. Lidl was the fastest grower among bricks and mortar grocers at 11.2% – its third consecutive month of double-digit growth to reach 8.1% of the market. Fellow discounter Aldi increased its share to 10.9% as sales rose by 6.5%. Tesco saw the highest share gain over the period, at 0.5 percentage points, taking it to 28.1% of the market. Asda's sales fell by 1.7% on a year ago, leaving it with a market share of 11.9%.
South Wales Guardian
4 days ago
- Health
- South Wales Guardian
Weight loss jabs could be starting to affect shopping habits in UK supermarkets
Grocery sales were down by 0.4% in the four weeks to June 15 – the first year-on-year decline this year – in what could partly be down to changing health priorities such as the growing use of weight loss drugs, analysts Kantar said. Fraser McKevitt, Kantar's head of retail and consumer insight, said: 'Supermarkets and grocery brands are entering new territory as weight loss drugs become more popular, with four in 100 households in Great Britain now including at least one GLP-1 user. 'That's almost twice as many as last year so while it's still pretty low, it's definitely a trend that the industry should keep an eye on as these drugs have the potential to steer choices at the till. 'Four in five of the users we surveyed say they plan to eat fewer chocolates and crisps, and nearly three quarters intend to cut back on biscuits.' Earlier this week, GPs across England were given the green light to start prescribing Mounjaro for the first time, opening up the treatment to hundreds of thousands more people. About 220,000 people are expected to receive the jabs through the NHS over the next three years. It has raised the prospect that supermarkets could start to see a more pronounced dip in grocery sales. Those on the treatments consume as much as 30% fewer calories, research has found. According to a report by Morgan Stanley, patients taking the treatments cut back significantly on both alcoholic and sugary non-alcoholic drinks, with consumption falling by 63% and 65% respectively. In 2023, US supermarket giant Walmart said it had seen a 'slight pullback' in how much people were putting in their baskets because of the jabs. Meanwhile, grocery prices are now 4.7% more expensive than a year ago as supermarket inflation hit its highest level since last March. The figure is up from 4.1% last month, which was a rise from 3.8% in April. Price rises did not stop British consumers from making 490 million trips to the supermarket over the last month, averaging almost 17 per household and the highest recorded by Kantar since March 2020. The increase in visits saw take-home grocery sales over the four weeks to June 15 grow by 4.1% compared with the same period last year. However, the rise in the frequency of visits was balanced out by a drop in average amount spent per trip, which fell by 3p to £23.89. As temperatures rose, consumers bought 2,400 packs of strawberries every minute in the last four weeks. Shoppers also traded up to more exotic fruits too, with sales of mangoes and blueberries climbing by 27% and 10% respectively. Consumer concerns over price are continuing, with sales of own label ranges growing 4.2% this month ahead of branded lines as shoppers looked to balance their budgets. Ocado was the fastest growing grocer with sales up 12.2% in the 12 weeks to June 15 to take a 1.9% share of the market. Lidl was the fastest grower among bricks and mortar grocers at 11.2% – its third consecutive month of double-digit growth to reach 8.1% of the market. Fellow discounter Aldi increased its share to 10.9% as sales rose by 6.5%. Tesco saw the highest share gain over the period, at 0.5 percentage points, taking it to 28.1% of the market. Asda's sales fell by 1.7% on a year ago, leaving it with a market share of 11.9%.
Glasgow Times
4 days ago
- Health
- Glasgow Times
Weight loss jabs could be starting to affect shopping habits in UK supermarkets
Grocery sales were down by 0.4% in the four weeks to June 15 – the first year-on-year decline this year – in what could partly be down to changing health priorities such as the growing use of weight loss drugs, analysts Kantar said. Fraser McKevitt, Kantar's head of retail and consumer insight, said: 'Supermarkets and grocery brands are entering new territory as weight loss drugs become more popular, with four in 100 households in Great Britain now including at least one GLP-1 user. 'That's almost twice as many as last year so while it's still pretty low, it's definitely a trend that the industry should keep an eye on as these drugs have the potential to steer choices at the till. 'Four in five of the users we surveyed say they plan to eat fewer chocolates and crisps, and nearly three quarters intend to cut back on biscuits.' Earlier this week, GPs across England were given the green light to start prescribing Mounjaro for the first time, opening up the treatment to hundreds of thousands more people. About 220,000 people are expected to receive the jabs through the NHS over the next three years. It has raised the prospect that supermarkets could start to see a more pronounced dip in grocery sales. Those on the treatments consume as much as 30% fewer calories, research has found. According to a report by Morgan Stanley, patients taking the treatments cut back significantly on both alcoholic and sugary non-alcoholic drinks, with consumption falling by 63% and 65% respectively. In 2023, US supermarket giant Walmart said it had seen a 'slight pullback' in how much people were putting in their baskets because of the jabs. Meanwhile, grocery prices are now 4.7% more expensive than a year ago as supermarket inflation hit its highest level since last March. The figure is up from 4.1% last month, which was a rise from 3.8% in April. Price rises did not stop British consumers from making 490 million trips to the supermarket over the last month, averaging almost 17 per household and the highest recorded by Kantar since March 2020. The increase in visits saw take-home grocery sales over the four weeks to June 15 grow by 4.1% compared with the same period last year. However, the rise in the frequency of visits was balanced out by a drop in average amount spent per trip, which fell by 3p to £23.89. As temperatures rose, consumers bought 2,400 packs of strawberries every minute in the last four weeks. Shoppers also traded up to more exotic fruits too, with sales of mangoes and blueberries climbing by 27% and 10% respectively. 2,400 packs of strawberries have been sold each minute in the last four weeks (Philip Toscano/PA) Consumer concerns over price are continuing, with sales of own label ranges growing 4.2% this month ahead of branded lines as shoppers looked to balance their budgets. Lidl was the fastest grower among bricks and mortar grocers (Andrew Matthews/PA) Ocado was the fastest growing grocer with sales up 12.2% in the 12 weeks to June 15 to take a 1.9% share of the market. Lidl was the fastest grower among bricks and mortar grocers at 11.2% – its third consecutive month of double-digit growth to reach 8.1% of the market. Fellow discounter Aldi increased its share to 10.9% as sales rose by 6.5%. Tesco saw the highest share gain over the period, at 0.5 percentage points, taking it to 28.1% of the market. Asda's sales fell by 1.7% on a year ago, leaving it with a market share of 11.9%.
Times
4 days ago
- Business
- Times
Grocery prices rise at fastest pace in more than a year
Grocery prices rose at the fastest pace in more than a year this month, piling more pressure on squeezed household finances. Food prices increased by 4.7 per cent in the four weeks to June 15 compared with the same period last year, Kantar, the research company, said. That rise was the strongest since February 2024 and up from 4.1 per cent in the previous four weeks. The renewed burst in food inflation will pile pressure on low-income households in the UK, who spend a relatively larger share of their monthly income on necessities. This group suffered sharply at the peak of the cost of living crisis between 2022 and 2023, when overall inflation climbed to 11.1 per cent, the highest rate in four decades. Inflation during this period was fuelled by a surge in food and energy prices after Russia's invasion of Ukraine in February 2022. There are concerns that the price of petrol will increase in the coming weeks as retailers pass on higher oil prices, pushed upwards by the war between Iran and Israel. Kantar said that the rise in food inflation in June had been driven by price increases in kitchen essentials such as chocolate, butter and meat. Analysts said that consumers had changed their shopping habits in response to higher prices on the shelves. Fraser McKevitt, head of retail and consumer insight at Kantar, said: 'Consumer concerns over price are continuing, and this is reflected in the figures. Sales of own-label ranges grew at 4.2 per cent this month, ahead of branded lines, as shoppers looked to balance their budgets. Deals also remain an important tool for retailers to offer value and the proportion of spending on promotion stepped up to 28.8 per cent this period.' Kantar said that despite the cost of the weekly shop having risen households made 490 million trips to the supermarket over the past month, an average of nearly 17 per family, the highest frequency since the early days of the Covid-19 pandemic in March 2020. According to the Office for National Statistics (ONS), which produces the UK's official inflation estimate, food inflation leapt to 4.4 per cent in May from 3.4 per cent in the previous month. Chocolate prices rose by 17.7 per cent last month, which the ONS said was the steepest rise since records began for the product in 2016. Consumer price index inflation edged down to 3.4 per cent in May from 3.5 per cent in the previous month, the ONS said. Economists believe that inflation will remain above 3 per cent for the remainder of the year. This month the Bank of England predicted that the rate would stay at about 3.5 per cent as it held interest rates at 4.25 per cent at its June monetary policy committee meeting. The central bank is expected to cut interest rates two more times before the end of the year. Kantar added that Tesco remained the UK's largest supermarket, with 28.1 per cent of all supermarket spending, up from 27.6 per cent last year. Sainsbury's was second with a market share of 15.2 per cent. Aldi and Lidl had market shares of 10.9 per cent and 8.1 per cent respectively, both up over the last year.
Rhyl Journal
4 days ago
- Health
- Rhyl Journal
Weight loss jabs could be starting to affect shopping habits in UK supermarkets
Grocery sales were down by 0.4% in the four weeks to June 15 – the first year-on-year decline this year – in what could partly be down to changing health priorities such as the growing use of weight loss drugs, analysts Kantar said. Fraser McKevitt, Kantar's head of retail and consumer insight, said: 'Supermarkets and grocery brands are entering new territory as weight loss drugs become more popular, with four in 100 households in Great Britain now including at least one GLP-1 user. 'That's almost twice as many as last year so while it's still pretty low, it's definitely a trend that the industry should keep an eye on as these drugs have the potential to steer choices at the till. 'Four in five of the users we surveyed say they plan to eat fewer chocolates and crisps, and nearly three quarters intend to cut back on biscuits.' Earlier this week, GPs across England were given the green light to start prescribing Mounjaro for the first time, opening up the treatment to hundreds of thousands more people. About 220,000 people are expected to receive the jabs through the NHS over the next three years. It has raised the prospect that supermarkets could start to see a more pronounced dip in grocery sales. Those on the treatments consume as much as 30% fewer calories, research has found. According to a report by Morgan Stanley, patients taking the treatments cut back significantly on both alcoholic and sugary non-alcoholic drinks, with consumption falling by 63% and 65% respectively. In 2023, US supermarket giant Walmart said it had seen a 'slight pullback' in how much people were putting in their baskets because of the jabs. Meanwhile, grocery prices are now 4.7% more expensive than a year ago as supermarket inflation hit its highest level since last March. The figure is up from 4.1% last month, which was a rise from 3.8% in April. Price rises did not stop British consumers from making 490 million trips to the supermarket over the last month, averaging almost 17 per household and the highest recorded by Kantar since March 2020. The increase in visits saw take-home grocery sales over the four weeks to June 15 grow by 4.1% compared with the same period last year. However, the rise in the frequency of visits was balanced out by a drop in average amount spent per trip, which fell by 3p to £23.89. As temperatures rose, consumers bought 2,400 packs of strawberries every minute in the last four weeks. Shoppers also traded up to more exotic fruits too, with sales of mangoes and blueberries climbing by 27% and 10% respectively. Consumer concerns over price are continuing, with sales of own label ranges growing 4.2% this month ahead of branded lines as shoppers looked to balance their budgets. Ocado was the fastest growing grocer with sales up 12.2% in the 12 weeks to June 15 to take a 1.9% share of the market. Lidl was the fastest grower among bricks and mortar grocers at 11.2% – its third consecutive month of double-digit growth to reach 8.1% of the market. Fellow discounter Aldi increased its share to 10.9% as sales rose by 6.5%. Tesco saw the highest share gain over the period, at 0.5 percentage points, taking it to 28.1% of the market. Asda's sales fell by 1.7% on a year ago, leaving it with a market share of 11.9%.
