German supermarkets have been lowering prices on essentials but shoppers aren't feeling any more tempted to fill up their trolleys. Analysis by Gfk suggests that, despite price drops of almost 10%, sales are remaining steady.
Is ‘cheap is good’ still the German grocery-shopping mantra?
report·
28 Aug 2014
German supermarkets have long been known for low prices and simple design. 81% of Germans say that price is the most important consideration when grocery shopping, but they're increasingly choosing premium and organic products. So what's changed? And what do Germans want to eat?
With half of the UK population now passing through the doors of discount retailers and their sales showing double digit year-on-year growth, there’s certainly an appetite for discounted goods. But what’s behind this shift? And how is it affecting the UK’s retail landscape?
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As German discount supermarkets Lidl and Aldi continue to steal market share in Britain, many are chalking up their success to low prices, prompting brands like Morrisons and Tesco to fight back with discounts and offers. But for shoppers, is it just the low prices that’s drawing them in?