UK shopping habits changing
The big 4 supermarkets are suffering at the hands of the discounters Aldi and Lidl. Waitrose, Tesco, Sainsbury's and ASDA are all pulling back investment in new superstores because of falling market share. Aldi meanwhile is planning to double their presence in the UK by 2022 equal to about 60 to 80 new shops. Whilst Tesco will close 43 shops and scrap plans to build a further 49, Morrisons will close 33 shops and Sainsbury's has abandoned proposals to build 40 new supermarkets. This shift away from the larger supermarket shopping experience has been in favour of online shopping, smaller convenience stores and discounters. By 2019 these shopping habits will overtake superstore and hypermarket shopping for the first time. Indeed Aldi has certainly given the other retailers a run for their money recently in the wine department with their Toro Loco Tempranillo costing £3.59 which won a silver medal at the International Wine and Spirit Competition.