Ocado

UK Grocery Sales Slow Ahead Of Black Friday And Christmas – NIQ

UK total till sales slowed to 4.0% growth in the four weeks to 2 November ahead of big spending events such as Christmas, NIQ reported.

UK shoppers face renewed pressure on their budgets in October as inflation edged higher for the second month in a row, according to Kantar.

Marks & Spencer has revealed a 17.2% jump in profit for the first half of the financial year, as the success of its turnaround continues.

The British online supermarket and technology group Ocado has named Adam Warby as its chair, succeeding Richard Haythornthwaite.

Total till sales in the UK grew by 4.7% in the four weeks ending 4 October 2024 buoyed by lower inflation and seasonal spending, NIQ reports.

British shoppers faced increased pressure on their budgets last month as grocery inflation edge higher, data from Kantar showed on Tuesday.

Ocado Retail has said it is prioritising customer growth after a strong third quarter helped lift its annual revenue guidance.

Asda said its chairman Stuart Rose will take executive responsibilities of co-owner Mohsin Issa as he steps back from his leadership role.

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