In August 2019, Dr Hugh Barker, Intelligent Shopper Solutions' subject matter expert on retail price and promotions, presented a webinar for the Winsight Grocery Business Channel, on “How Retailers in the UK are Combating Deep Discounters”.
We're revisiting the webinar, as though this was recorded back in 2019, a lot of the information has become even more relevant today taking into account the extraordinary changes in the retail grocery sector. You are able to listen and download to the webinar below.
The UK grocery market has rightly been long-regarded as one of the most competitive and innovative in the world. And yet the major players have thus far failed to stifle the growth of the newer entrants, the discounters Aldi and Lidl – and not through a lack of trying!
Here, Dr Hugh Barker, will present an illustrated guide to the many initiatives undertaken by UK retailers in their attempts to combat the discounters – some current, some recent, and some not-so-recent. They include (but are not limited to) new store formats, range development, price cuts, price guarantees and marketing campaigns.
As Aldi and Lidl continue to grow in the US market (and others), these initiatives are highly relevant and this webinar will no doubt be interesting and thought-provoking to other retailers grappling with the same question – “how should we compete?"