The report analyses growth by fascia and by town and identifies how and where the main stream supermarkets have seen growth in competition and thus loss of market share as the discounters have opened up around them.
While the number of supermarkets grew by 33 per cent in the last five years, the discounters have grown significantly faster at 52 per cent.
A total of 1,487 discount stores and 570 supermarkets were added.
LDC director Matthew Hopkinson said: "This analysis of the rise and increasingly fall of the supermarkets and discounters over the last five years clearly illustrates the fierce competition and the resulting decline in sales that the big four supermarkets have experienced. Poundland's acquisition of 99p Stores was the first sign of any consolidation within the discounter market which has shown explosive growth at 52 per cent over the last five years.
"The result has been not only the closure of supermarkets but most recently some disounters have also closed some stores of which Poundstrecher is an example. Overall the discounter march continues as seen by the second half of 2015 when 120 new discount shops opened whilst in the same period 12 supermarkets closed.
"Supermarkets are addressing their space and offer issues with some vigour and a degree of success, and as these plans come to fruition it will be interesting to see how the discounters are impacted and react."
Discounter B&M's latest results saw store numbers rise 79 to 499 in the year to 26 March with a plan to reach 850 UK stores. Sales passed £2bn, up 0.3 per cent like-for-like and £379m overall.