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Tesco and M&S report strong Christmas food sales
Posted onRetail giants Tesco and Marks & Spencer both saw a bump in food sales over the vital Christmas period despite both mentioning a challenging economic backdrop. Tesco said sales in the UK were up 3.2% from last year and it had now notched up its highest market share in more than a decade. M&S said…
Retail sales fall as Black Friday deals fail to lure shoppers
Posted onJosh MartinBusiness reporter Getty Images Retail sales fell unexpectedly in November as Black Friday discounts failed to boost spending, official figures show. Supermarket sales fell for the fourth month in a row, while discounts at retailers across November did not lift Black Friday spending as much as in recent years, the Office for National Statistics…
