Tesco and Marks & Spencer emerge as Christmas winners
by Sarah Butler from World news | The Guardian on (#6HRTK)
Online growth and festive sales fuel lift in Tesco profit forecast as M&S wins back fashion market share
Tesco, the UK's biggest supermarket, and Marks & Spencer were both Christmas winners with stronger than expected sales helped by growth in online orders and high demand for festive treats.
The supermarket upgraded its profits expectations for the year by 50m to 2.75bn as it reported a stronger trading performance than anticipated" over the festive period.
Continue reading...