UK Food Retail: UPDATE: Market share - Reviewing Worldpanel’s restatement: Tesco comps revised down

研报英文原文证据摘录

UK Food Retail: UPDATE: Market share - Reviewing Worldpanel’s restatement: Tesco comps revised down

Equity Research

29 June 2026

UK Food Retail

Market share - Reviewing

Worldpanel’s restatement: Tesco

European Food Retailcomps revised down

NEUTRAL

Review of Worldpanel UK grocery data restatement. Market European General Retail

size in year to mid-May revised downwards by 0.2%, mostly NEUTRAL

driven by Tesco. Importantly, market share comps look a little European Retail Matthew Clements

less daunting out to September now. +44 (0)20 7773 6018

matthew.clements@barclays.com

Barclays, UK

UPDATE This publication is an update to 'UK Food Retail: Market share - Reviewing Worldpanel’s

Viktoria Petrova restatement: Tesco comps revised down', originally published on 29 Jun 2026 at 04:00 BST, to

+49 (0)69 7161 1052

correct the implied 12w numbers for 15 June, 13 July and 10 August 2025 and 14 June 2026

viktoria.petrova@barclays.com

in Figures 1-3. BBI, Frankfurt

Imogen Doyle

+44 (0)20 7773 2605Key headlines from this data set

imogen.doyle@barclays.com

With its latest release (Tuesday 23 June), Worldpanel restated UK grocery market share data Barclays, UK

covering the last five years as part of its annual review to ensure the panel accurately reflects

market performance. There have been no changes to the coverage or methodology as part of

this review, the revisions instead reflect interventions made based on retailers' publicly

reported data with most changes impacting periods from December 2024 onwards.

We received the restated back data late last week, allowing us now to show how the

restatement impacts historical market share trends. The key changes are:

• Market growth (on a 12w basis) has been revised downwards by c. -0.2ppts on average since