Tesco, Sainsbury's And Morrisons Have All Beaten Christmas Sales Forecasts. Time To Buy Back In? - News Summed Up

Tesco, Sainsbury's And Morrisons Have All Beaten Christmas Sales Forecasts. Time To Buy Back In?


And Tesco kept sales on an upward keel during the crunch Christmas period, with underlying sales creeping 0.7% higher during the six weeks to January 7th. Demand for the retailer’s food lines outpaced that of the wider market, the firm advised, with like-for-like sales here advancing 1.3% in the period. Morrisons got the ball rolling on Tuesday when it advised that like-for-like sales had jumped 2.9% during the nine weeks to January, the best performance for seven years. And Sainsbury’s got in on the act on Wednesday, the firm noting that like-for-like sales edged 0.1% higher in the 15 weeks to January 7th. And Sainsbury’s announced that sales of its higher-priced Taste The Difference range rose by 50% from Christmas 2015.


Source: Forbes January 12, 2017 12:31 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */