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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

REVEALED: Tesco and marks spencer emerge as christmas winners - The Real Truth

Tesco Marks Spencer
M&S christmas food sign and racks of red wine
M&S said food sales in established stores rose by almost 10% as more shoppers opted to do their full weekly shop with the chain after it cut prices on basics. Photograph: Phil Noble/Reuters

Tesco, the UK’s biggest supermarket, and Marks & Spencer were both Christmas winners with stronger than expected sales helped by growth in online orders and high demand for festive treats.

The supermarket 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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