{"id":6181,"date":"2019-01-10T10:33:24","date_gmt":"2019-01-10T10:33:24","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/tesco-reports-best-christmas-in-10-years\/"},"modified":"2019-01-10T10:33:24","modified_gmt":"2019-01-10T10:33:24","slug":"tesco-reports-best-christmas-in-10-years","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/tesco-reports-best-christmas-in-10-years\/","title":{"rendered":"Tesco reports best Christmas in 10 years"},"content":{"rendered":"\n
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\"TescoImage copyright<\/span>
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Tesco says trading in the six weeks to Christmas was “strong”.<\/p>\n

The company said like-for-like sales, which strip out the impact of new stores, were up 2.2% at its UK supermarkets.<\/p>\n

The figures put it ahead of the competition and are its own personal best since Christmas 2009.<\/p>\n

Sales at the wholesaler Booker, which Tesco bought in 2017, rose 6.7% over the six-week period.<\/p>\n

Tesco’s figures were released along with its third-quarter trading update. This showed sales up 1.6%, 1.2% in the UK and its 12th consecutive quarter of growth.<\/p>\n

The figures beat the rest of the market in all categories: food, clothing and general merchandise.<\/p>\n

It said promotions on fresh fruit and vegetables, as well as on lamb and beef joints, helped drive sales.<\/p>\n

Tesco’s chief executive, Dave Lewis, said: “As a team, we have achieved a lot in the last 19 weeks. In the UK, we delivered significant improvements in our competitive offer and this is reflected in a very strong Christmas performance, which was ahead of the market.”<\/p>\n

Sophie Lund-Yates, equity analyst at Hargreaves Lansdown stockbrokers, said: “It looks like Christmas delivered the goods for Tesco. Another increase in like-for-like sales proves it can hold its own, even as competition hots up. <\/p>\n

“These are promising results from Tesco, but time will tell if it has enough puff left to keep outrunning its rivals.”<\/p>\n

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Most of its rivals have already released their figures.<\/p>\n

Waitrose’s figures were released on Thursday and showed like-for-like sales growth of 0.3%, for the seven weeks to Christmas.<\/p>\n

Morrisons reported UK in-store sales up by 0,6%. <\/p>\n

Sainsbury’s, which is attempting to merge with Asda, said on Wednesday that sales had actually fallen by 1.1% in the weeks leading up to Christmas.<\/p>\n

Aldi said its sales had risen by 10% in December, although it does not give same-store sales figures. As it added more than 8% in floor space last year, some of its sales growth is simply accounted for by its expansion.<\/p>\n<\/p><\/div>\n


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Image copyright Getty Images Tesco says trading in the six weeks to Christmas was “strong”. The company said like-for-like sales, which strip out the impact of new stores, were up 2.2% at its UK supermarkets. The figures put it ahead of the competition and are its own personal best since Christmas 2009. Sales at the … <\/p>\n","protected":false},"author":0,"featured_media":443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=6181"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/443"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=6181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=6181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=6181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}