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NEWS: RETAIL GIANTS PLUMMET IN 'SUPERBRANDS' SURVEY (Source: The Grocer)  


The UK?s leading supermarkets have fared poorly in a new poll of the country?s 500 top brands, reports The Guardian.

Tesco fell by more than 200 places in the list of the UK?s top ?superbrands? from 70th place last year to 301st position.

Sainsbury?s also endured a slump in the rankings, dropping by 194 places to 232nd place, while Asda placed 439th.

Despite a turbulent period marked by a profits warning, the departure of food chief Steven Esom and a stormy agm earlier this month, Marks & Spencer hung on to its place in the top 20 at 17th place, signalling its enduring appeal among consumers.

Also in the top 20 were drinks giant Coca-Cola (14th) and confectioners Thorntons (18th) and Cadbury (19th).

Internet search giant Google topped the poll, replacing IT rival Microsoft as the most dominant brand in UK business.

"Lifestyle brands? have considerably more sway with the public than everyday staples such as the supermarkets, which now seem further than ever from the affections of the British people,? said Stephen Cheliotis, chairman of the Superbrands Council, which commissioned the poll.

?As the spectre of rising food costs continues, they are likely to come under further scrutiny.?

Maltesers placed 500th in the list.

 
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