Strong demand for festive treats has led both Tesco and Marks & Spencer to report higher-than-expected sales over the key Christmas trading season.
Tesco also raised its profit forecast for the full year, with sales boosted by strong demand for fresh goods and its premium Finest range.
M&S reported robust demand over the festive period, with both its food and clothing businesses doing well.
However, M&S warned of an uncertain outlook for the coming year.
M&S saw sales rise 8.1% over the 13 weeks to 30 December. Food sales were up 9.9% and its clothing and home section saw a 4.8% in
Tesco also raised its profit forecast for the full year, with sales boosted by strong demand for fresh goods and its premium Finest range.
M&S reported robust demand over the festive period, with both its food and clothing businesses doing well.
However, M&S warned of an uncertain outlook for the coming year.
M&S saw sales rise 8.1% over the 13 weeks to 30 December. Food sales were up 9.9% and its clothing and home section saw a 4.8% in
1 yr. ago
