leadf
logo-loader
viewJ Sainsbury PLC

Coronavirus pandemic boosts supermarket hand sanitiser sales by 255%

Sales for the UK's grocery market as a whole rose 0.7% in the 12 weeks to 23 February, with Sainsbury's the only 'big four' supermarket to increase its market share

J Sainsbury PLC - Coronavirus pandemic boosts supermarket hand sanitiser sales by 255%

Fears over the coronavirus pandemic caused sales of hand sanitiser from supermarkets to rocket 255% in the 12 weeks to 23 February.

Rising panic over the coronavirus helped he UK’s grocery sector grow at its fastest pace since November last year.

According to the latest Kantar data, supermarket sales expanded 0.7% year-on-year to £28.5bn, assisted by higher sales of health and hygiene products as a result of public concerns around the spread of the virus, which has killed over 3,000 people worldwide.

READ: Sainsbury's commits £1bn to reach net-zero emissions by 2040

“Given the media focus around the outbreak of [coronavirus] in February, it’s unsurprising to see shoppers prudently protecting themselves from illness”, said Fraser McKevitt, Kantar’s head of retail and consumer insight.

He added that aside from the surge in sanitiser, sales of other liquid soaps had increased by 7% alongside a 10% jump in sales of household cleaners.

Sainsbury’s only ‘big four’ grocer to report growth

Among the supermarkets, J Sainsbury PLC (LON:SBRY) was the only one of Britain’s ‘big four’ grocers to increase its sales year-on-year over the 12 weeks, rising 0.3%, which was attributed to higher sales as its Local-brand of convenience stores.

Meanwhile, the UK’s largest supermarket, Tesco PLC (LON:TSCO), saw its sales decline 0.8% while Asda, owned by Walmart Inc (NYSE:WMT), fell 1.2% and Wm Morrison Supermarkets PLC (LON:MRW) declined 2%.

Big on sales, Lidl on price

Meanwhile, the discounters continued to dominate the top spots for biggest increases in sales, with Lidl the fastest growing UK supermarket as its sales jumped 11.4% in the period.

Lidl has been the main beneficiary of sales of Valentines-related items, with its sales of chilled ready meals, desserts, sparkling wine and boxed chocolates rising 17%.

McKevitt added that Lidl had also been reaping rewards from its store expansion programme, opening its 800th UK store in February.

“The new locations have helped to bring in nearly 900,000 additional shoppers to the supermarket this period”, McKevitt said.

Fellow German discounter Aldi was further behind its rival with its sales expanding 5.7% over the 12 weeks.

In second place was online grocer Ocado Group PLC (LON:OCDO), which saw its sales lifted by 10.8%.

Ocado’s former delivery partner, Waitrose, saw its sales fall 1.3% in the 12 weeks as it moves to take control of its online delivery operation following the end of its contract with Ocado.

However, while it had a smaller market share compared to its rivals, McKevitt said Waitrose was “the market leader in shopper satisfaction”.

“Nearly four times more people report a good experience shopping with Waitrose than a negative one. Satisfaction with in-store staff is particularly high, and capturing that trademark service will be crucial as it grows its online platform this year”, he added.

Shares in Sainsbury’s were 3.3% higher at 211.2p in early trading on Tuesday, while Tesco rose 2.9% to 234.8p and Morrisons climbed 2.7% to 184.9p. Ocado was 1.3% higher at 1,134p.

Quick facts: J Sainsbury PLC

Price: 195 GBX

LSE:SBRY
Market: LSE
Market Cap: £4.34 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Luminex Resources CEO says stay tuned for drill results out of its Condor...

Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) CEO Marshall Koval tells Proactive the Vancouver-based mining company is making progress on its Condor Gold-Copper Project in Zamora-Chinchipe Province, southeast Ecuador. Koval says the group has advanced metallurgy at the site, continuing to...

20 hours, 8 minutes ago

3 min read