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Tesco has 'strong' festive season Tesco has 'strong' festive season
(10 minutes later)
The UK's biggest retailer, Tesco, has said it enjoyed its strongest Christmas performance for three years, after seeing a rise in sales.The UK's biggest retailer, Tesco, has said it enjoyed its strongest Christmas performance for three years, after seeing a rise in sales.
UK like-for-like sales, which do not include new store openings, excluding petrol rose by 5.1% in the six weeks to 9 January, Tesco said.UK like-for-like sales, which do not include new store openings, excluding petrol rose by 5.1% in the six weeks to 9 January, Tesco said.
However, Tesco offered double points on its Clubcard loyalty scheme, which contributed 0.7% to the sales growth.However, Tesco offered double points on its Clubcard loyalty scheme, which contributed 0.7% to the sales growth.
The supermarket giant said its Finest range had sold particularly well. Meanwhile, Debenhams said sales were virtually flat in recent months.
In the 18 weeks to 2 January, like-for-like sales increased by 0.1%, the department store said.
Finest fizz
Like its rival Sainsbury's, Tesco reported a rise in champagne sales as customers were "looking for ways to treat themselves". It sold 35% more bottles of champagne than last year.
The supermarket giant added that its Finest range had sold particularly well.
Non-food sales were boosted by growth in clothing, electrical goods and toys.
Tesco added that online sales grew by nearly 20% in the six-week period.