Tesco beats Christmas retail blues with strong sales rise
by Julia Kollewe from Economics | The Guardian on (#46P7M)
Supermarket records best festive sales performance in nearly a decade
Tesco has emerged as one of the winners of the Christmas period, reporting its best growth in nearly a decade, while other major retailers such as John Lewis and Marks & Spencer suffered.
Britain's biggest retailer posted 2.2% growth in UK like-for-like sales in the six weeks to 5 January, its strongest Christmas performance since December 2009. Sales rose 0.7% in the 13 weeks to 24 November.
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