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Christmas update for Tesco and Sainsbury's

Sainsbury's - 13 weeks

  • Subdued sales for Sainsbury's but digital investment pays off with a second consecutive quarter of grocery growth Clothing was the strongest sector with 4.4% growth

  • Very strong online performance with 20% of total sales online in the quarter, up 5% year on year.  

  • A record 385,000 customers ordered groceries online in the week before Christmas whilst Argos click and collect services grew nearly 16%.

  • On target to invest in over 450 supermarkets by Mid March, with 172 delivered in H1

  • Read more here

Tesco - 19 weeks

  • UK like for like sales down 0.2%

  • Strong performance from ROI and Booker wholesale with respective growth of 2.0% and 4.1%

  • Too early to see impact of Tesco's answer to Amazon Prime, the subscription based Clubcard Plus. The coming year will provide a clearer picture of whether the new model can improve customer loyalty and drive an increase in average basket size through discounted offers.

  • Read more here

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