Tesco and Marks & Spencer emerge as Christmas winners

9 months ago 37

Online growth and high demand for festive treats fuel lift in Tesco profit forecast and 10% sales rise at M&S

Tesco and Marks & Spencer were both Christmas winners with unexpectedly strong sales helped by growth in online orders and high demand for festive treats.

The UK’s biggest supermarket, Tesco, 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.

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