While a lot of us are looking forward to a new year, now is the time for the big names in retail to take a look back at their Christmas performance.
With supermarkets across the country vying to feed the nation its Christmas dinner, Tesco was a high scorer, with an underlying food sales growth of 3.4%. Sainsbury’s also did well, with a 2.3% growth in grocery sales. M&S came away from the Christmas period with a less satisfying drop in food sales by 0.4%.
In spite of the ambivalent response to its Moz the Monster advertising campaign, Christmas was good to John Lewis this year - underlying sales grew by 3.1% at the department chain. House of Fraser and Debenhams struggled, with the former seeing a fall in sales by 2.9%, while the latter saw a 2.6% loss.