Tesco sales growth accelerates as market share hits eight-year high
9th Jan 2025 07:12
(Sharecast News) - Shares in Tesco fell on Thursday despite the grocery giant reporting a solid uptick in sales growth over the key Christmas trading period, with the stock retreating after a solid rally over the past six months.
Read moreUK shoppers splurge on festive food and drink - NIQ
8th Jan 2025 11:59
(Sharecast News) - UK consumers splashed out a record £14.6bn on food and drink in the run-up to Christmas, industry research showed on Wednesday.
Read moreUK food and drink sales surge over Christmas
7th Jan 2025 07:21
(Sharecast News) - Household grocery spending hit a record high over Christmas, industry data showed on Tuesday, as shoppers snapped up festive food and drink.
Read moreLondon close: Stocks finish Monday with small gains
6th Jan 2025 15:06
(Sharecast News) - London's stock markets closed in positive territory on Monday, though gains were modest as investors navigated a backdrop of lackluster UK economic data.
Read moreTesco and B&M best placed as inflation picks up, says Citi
6th Jan 2025 07:38
(Sharecast News) - Citi has reiterated its 'buy' calls on UK retailers Tesco and B&M amid a "lacklustre" consumer backdrop as food inflation begins to reaccelerate.
Read moreGrocery sales edge higher ahead of expected festive surge - NIQ
11th Dec 2024 12:52
(Sharecast News) - Grocery sales ticked higher last month, industry research showed on Wednesday, ahead of a likely surge in the weeks leading up to Christmas.
Read moreLondon close: Stocks finish lower as Ashtead announces US move
10th Dec 2024 16:03
(Sharecast News) - London stocks closed in negative territory on Tuesday, weighed down by a dip in sentiment following news that Ashtead planned to shift its primary listing to the United States, adding to a growing trend of London-listed firms looking across the Atlantic.
Read moreUK supermarket sales set to top £13bn in December
10th Dec 2024 09:52
(Sharecast News) - UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season.
Read moreLondon close: Stocks rise with deal news in focus
28th Nov 2024 16:07
(Sharecast News) - London markets ended Thursday in positive territory, with deal activity providing a significant boost to specific sectors.
Read moreSupermarket loyalty pricing not disadvantaging consumers - CMA
27th Nov 2024 08:04
(Sharecast News) - The Competition and Markets Authority (CMA) published its findings on loyalty pricing in the UK grocery sector on Wednesday, concluding that such practices were not creating unfair disadvantages after a nearly year-long review.
Read moreLondon close: Stocks mixed ahead of UK inflation, Nvidia results
19th Nov 2024 16:47
(Sharecast News) - London's equity markets closed with a mixed performance on Tuesday, as investors remained cautious ahead of the latest UK inflation data and closely watched US corporate earnings from Nvidia.
Read moreRBC Capital starts Sainsbury's at 'outperform', Tesco at 'sector perform'
19th Nov 2024 10:29
(Sharecast News) - RBC Capital Markets initiated coverage on Sainsbury's and Tesco on Tuesday, saying it sees "attractive" growth prospects for the two major UK listed grocery retailers.
Read moreSupermarket sales spark as festive shopping gets underway
16th Oct 2024 09:11
(Sharecast News) - Supermarket sales sparked in September, industry data showed on Wednesday, as shoppers stocked up on Halloween treats and early Christmas bargains.
Read moreLondon close: Stocks red as US inflation, jobless claims top forecasts
10th Oct 2024 14:58
(Sharecast News) - London's stock markets ended Thursday in negative territory as investors weighed a higher-than-expected inflation and jobless claims readings out of the United States.
Read moreLondon midday: Stocks dip ahead of US inflation reading
10th Oct 2024 12:10
(Sharecast News) - London stocks had fallen into the red by lunchtime on Thursday, as investors awaited crucial US inflation data, which could influence the Federal Reserve's next policy moves.
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