UK retail round up
What the analysts say: Tesco’s turnaround plan bearing early fruit?
UK retailer Tesco booked better-than-expected UK sales over the key Christmas trading period as the group benefited from the various…
On the money: Tesco sees consumers turning to own label
UK retailer Tesco benefited from an increased uptake of own label products in the UK, where it has relaunched various…
UK: Tesco names Bush UK MD as underlying sales climb
UK retailer Tesco reported an increase in underlying UK sales today (10 January) as it named Chris Bush as head…
What the analysts says: Sainsbury’s at head of retail pack
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down…
On the money: Sainsbury’s sees evolving shopping habits
More frugal consumers are evolving the way they shop in response to the austere economic environment, Sainsbury's CEO Justin King…
UK: Sainsbury’s shares fall despite buoyant Christmas
Sainsbury's has booked a 3.9% increase in quarterly sales, boosted by the supermarket group's "strongest ever" Christmas trading period. During…
What the analysts say: Morrisons Q4 sales continue slide
Morrisons has once again booked a decline in like-for-like sales worse than the overall market, as the group struggles to…
On the money: Morrisons hints at online launch
Morrisons today (7 January) hinted that an announcement regarding its long-awaited launch into online retail could be nearing. The supermarket…
UK: Morrisons sales “disappointing”
UK supermarket group Morrisons has booked a "disappointing" set of results for the quarter to 30 December, with trading over…
Comment: UK retailers had little Christmas cheer, more clouds gathering
It was not a good Christmas for UK retailers this year. But, as we gear up for next week's round…