UK Grocers Gain After Upbeat Industry Sales Data1036 GMT - U.K. grocers' shares rise after upbeat industry sales and market-share data. Food retailers appear to have benefited in December from people staying at home due to the Omicron coronavirus variant, AJ Bell says, citing data from market researchers Kantar. Tesco appears to have been the main winner as it increased its market share," Bell investment director Russ Mould says. "We should find out how this translates into financial performance when the supermarkets start updating the market themselves next week." Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com(END) Dow Jones NewswiresJanuary 05, 2022 05:57 ET (10:57 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.
Source: Wall Street Journal January 05, 2022 12:53 UTC