Food sales drive growth for Tesco over festive period
Tesco’s latest trading update has confirmed a strong performance driven by what it describes as a focus on value and quality, with particular strength in fresh food.
Tesco’s latest trading update has confirmed a strong performance driven by what it describes as a focus on value and quality, with particular strength in fresh food.
According to BRC’s chief executive, Helen Dickinson, the upturn in spending over Christmas gave retailers temporary cause for cheer.
Sainsbury’s third quarter trading statement has revealed a record Christmas and Q3 grocery volume performance.
For the four weeks up to 25th December 2022 take-home grocery sales hit £12.8 billion. The first time the £12 billion mark has been breached, according to Kantar.
Egg producers to ask Sainsbury’s for an urgent meeting after the retailer confirmed it is stocking eggs imported from Italy.
Take-home grocery sales rose by 5.2% in the 12 weeks to 30th October 2022, the fastest rate of market growth since April 2021.