UK grocery market growth at record low - Kantar Worldpanel
September 23, 2014 at 05:49 AM EDT
LONDON, Sept. 23 (Reuters) - Britain's grocery market grew at its slowest rate for more than 20 years over the last 12 weeks as price inflation fell to zero, reflecting price cuts, industry data showed on Tuesday. Sales at market leader Tesco fell 4.5 percent, taking its market share down to 28.8 percent from 30.2 percent in the same period last year. The figures are further bad news for the retailer, which said on Monday that its first-half profit forecast had been overstated by 250 mil