Global menu

Our global pages

Close

Eversheds comment: Food sales decline a result of heavy discounting

  • United Kingdom

    09-09-2014

    Commenting on the latest BRC Retail Monitor figures, Parmjit Singh, head of the food and drink group at law firm Eversheds, says:

    "The decline in food sales is not a surprise. The heavy discounting strategy of the big 4 retailers to combat the rise of both Aldi and Lidl has inevitably led to a more competitive landscape for consumers who are now getting even more for every pound they spend at their chosen supermarket. We will see the trend for low food inflation continue as the big 4 retailers continue to try to protect market share against the discount retailers. This inevitably will put pressure on food manufacturers as their margins get squeezed."

    Parmjit Singh, Partner

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF

    © Eversheds Sutherland 2021. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.