Analysts suggest growth at discounters Aldi and Lidl is slowing as data points to better news for major supermarketsTesco could be approximately to reveal a better than expected sales performance over Christmas as it launched its fightback against the discounters.
Shares in the UK’s biggest retailer leapt nearly 7% to 155p on Tuesday,making it the biggest riser in the FTSE 100, as analysts said the industry market share data suggested sales at established Tesco stores were level, and might even enjoy risen,over the festive period. The company will reveal its Christmas trading figures on Thursday. Related: Morrisons announces store closures despite Christmas sales rise Related: Retail Christmas: the winners and losers in the UK Continue reading...
Source: theguardian.com