Tesco enjoys best Christmas sales for three years

Industry News
Tuesday, 12 January 2010
tesc_claphamTesco has delivered its strongest Christmas performance in three years, with its Double Clubcard scheme contributing to a rise in sales.

In the UK, like-for-like sales, excluding petrol and VAT, rose 4.9% in the six weeks to 9 January, while its Double Clubcard points contributed 0.7% to the like-for-like sales growth.

Over the festive season, customers were looking for ways to treat themselves with 35% more bottles of Champagne sold than last year and a strong performance from its Finest range. Non-food performance continued to strengthen with improving like-for-like sales, driven by particularly good growth in clothing, electricals and toys.

Online sales were very strong in both food and non-food with total online sales growth approaching 20% in the six weeks. Tesco Direct had sales growth of over 50% with a strong performance in toys, TVs, games and entertainment.

Sir Terry Leahy, chief executive, commented: "It was a great Christmas for Tesco customers with an excellent seasonal range in store and online. The Tesco team delivered a great shopping trip for customers and I'd like to thank all our staff and also our suppliers for their tremendous efforts, particularly during the freezing weather."

Tesco also enjoyed good International progress over Christmas and the New Year, with Asia, Europe and the United States delivering a total sales (excluding petrol) increase of 4.1% at constant exchange rates and 2.4% at actual exchange rates.

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