Tesco increases market share

UK supermarket chain Tesco continues to win market share off its rivals Sainsbury et Morrisons. According to a recent survey, Tesco has 28.1 percent of the market, up by 1.4 percent from a year ago. Rivals Sainsbury and Morrisons have both had problems recently and have seen their market share drop. Sainsbury has been hit with pricing and distribution problems, and Morrison has seen sales fall after the takeover of Safeway. UK number 2 Asda saw its market share increase slightly from 16.5 to 16.6 percent.