International Retailers A towering presence
Had you been wondering who the UK’s cheapest retailer was for the merry month of May, it was Lidl. This according to catchily-named research outfit Which?, which measured a basket of 20 inexpensive items across the sector, including Aldi, Lidl, Waitrose, Ocado and the Big Four – Morrisons, Sainsbury’s, Tesco, and Asda – who were all hustling for last place, with Asda claiming honours there. In other bad news for Tesco, Amazon is set to become the UK’s biggest retailer by 2025, with gross sales of around €89.9bn. But take a deep breath now, Tesco, they are still only likely to rank 15th in edible grocery sales. Unless they manage to find some fresh new way to entirely disrupt retail as we know it, which … no, impossible. In other Amazon news, kudos to South African self-adhesive products brand TOWER, which has listed its range of school labels and stickers with the online giant and is already knocking it out of the park – or indeed the oval – in the UK.
Comment: Truly we are living in a time of wonders, online retailers, and German discounters.