Tesco back at the top 10 years on
Monday 11 August 1997
In that year, Tesco edged ahead of a rapidly growing Sainsbury thanks to the acquisition of the Hillards group. Since last year, Tesco has extended its lead with 1996/97 UK sales of pounds 13bn against Sainsbury's estimated figure of pounds 11.76bn.
The Top 20 is dominated by supermarket groups with the big four grocers - Tesco, Sainsbury, Safeway and Asda - taking the top spots followed by Marks & Spencer and Boots. The highest climber is another supermarket group, Bradford-based William Morrison, which has shot up from number 30 to 11. Retailers that have lost ground include Storehouse, Thorn and Somerfield.
The rankings show that the largest retailers have become increasingly dominant over the past decade. In 1986 the top 10 stores groups accounted for 26 per cent of total UK retail sales. Last year that figure had risen to 36 per cent. "It shows the big boys are getting bigger as consolidation in many retail sectors takes place," says Robert Clarke of Corporate Intelligence.
In terms of shop numbers the rankings show that Boots tops the table with 2,323 UK stores followed by Burton (2,118 including concessions) and Kingfisher (2,012).
Comparisons with 1987 shows the dramatic reduction in the portfolio of Sears, the former retail powerhouse which has fallen on hard times. In 1987 it had 3,682 shops, more than half as many again as its nearest rival. By last year that figure had shrunk to 1,887.
Other changes include Gallaher, part of American Brands, which had over 2,00 outlets 10 years ago but has since sold off a raft of names, including Forbouys newsagents and Dolland & Aitchison opticians.
The other big change is Next, which had 1,860 stores a decade ago compared with 304 last year. In 1987, when Next was involved in a headlong dash for growth under George Davies, its sprawling portfolio included Zales, the jeweller, Salisbury luggage shops and Allens chemists, all acquired as part of Combined English Stores.
In the Retail Rankings' list of fastest growing stores groups, measured by sales growth, Sunglass Hut, the US import, tops the list with 114 per cent sales increase between 1995 and 1996.
Top 10 UK retailers
Rank 1996 (1987) Sales
1 Tesco (1) pounds 11.6bn
2 Sainsbury (2) pounds 11.2bn
3 Safeway (5) pounds 6.1bn
4 Asda (7) pounds 6.0bn
5 M&S (3) pounds 5.9bn
6 Boots (8) pounds 4.1bn
7 Kingfisher (6) pounds 4.1bn
8 Kwik Save (19) pounds 3.3bn
9 Somerfield (4) pounds 3.2bn
10 John Lewis (9) pounds 2.5bn
Fastest sales growth
% chnge sales 1995 - 1996
Sunglass Hut (UK) +114.4
Kingsway Scotland +102.8
Ted Baker +78.7
Byte Computer +66.8
Blane Leisure +55.1
D Sports +53.5
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage on Have I Got News For You: Ukip leader ridiculed over expenses and party 'fruitcakes'
Refugee facing deportation from Sweden saved by fellow passengers refusing to let plane leave
- 1 Poveglia: 'World's most haunted island' up for auction...is anyone brave enough to buy it?
- 2 Refugee facing deportation from Sweden saved by fellow passengers refusing to let plane leave
- 3 Naked yoga: the bare truth - it's already big in the US, and has now landed here
- 4 24 people applied for the 'world's toughest job', here are their interviews
- 5 Scientists warn we've hit 'peak beard': The more people grow facial hair, the less attractive it is
iJobs Money & Business
£40000 - £50000 per annum + BONUS + BENEFITS: Harrington Starr: A leading, Cit...
£35000 - £50000 per annum + Bonus + Benefits: Pro-Recruitment Group: You must ...
£45000 - £60000 per annum + BONUS + BENEFITS: Harrington Starr: Corporate Acti...
£350 - £400 per day: Harrington Starr: An opportunity has arisen at a FCA regu...