UK food retailers ring up Christmas sales

Comment: Values not just value must underpin Tesco revival

Tesco's continuing difficulties in the UK forced the retailer to stun the City with something of a profit warning. As…

What the analysts say – City verdict on Tesco

Tesco's trading update - which included another fall in UK sales - and a forecast for weak profit growth in…

On the money: Tesco’s Clarke admits UK failings

Tesco CEO Philip Clarke has said the UK retailer will focus more on products and on service to revitalise the…

Promo Tracker: Asda upped discounts in December

Asda, unlike Tesco and Asda, increased its number of promotions in December, according to data from just-food's Promo Tracker. The…

UK: Tesco shares tumble on bleak profit outlook

Shares in Tesco fell by more than 15% this morning (12 January) after the retailer reported another fall in UK…

On the money: Food volumes will fall again in 2012, says Sainsbury’s

Sainsbury's chief executive Justin King has predicted that food sales volumes will fall again in the UK in 2012 despite…

UK: Christmas drives “strong” quarter for Sainsbury’s

Sainsbury's said today (11 January) that its "best Christmas ever" had helped underlying sales climb over 2% in what the…

On the money: M&S food shines but uncertainty remains

Marks and Spencer has enjoyed a sales jump in its third-quarter but some market observers fear a post-Christmas hangover. For…

UK: Food boosts sales at Marks and Spencer

Marks and Spencer's food business has driven an increase in quarterly sales at the UK retailer. In the 13 weeks…

On the money: Trading to remain tough in 2012 – Morrisons

Senior Morrisons executives have expressed caution about the prospects for UK food retailers in 2012. The UK's fourth-largest grocer today…