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