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Morrisons sees Christmas sales rise | Morrisons sees Christmas sales rise |
(about 1 hour later) | |
The UK's fourth biggest grocer, Morrisons, has seen festive sales rise despite the icy weather. | The UK's fourth biggest grocer, Morrisons, has seen festive sales rise despite the icy weather. |
The Bradford-based firm said like-for-like sales excluding petrol and VAT in the six-week period over Christmas and New Year grew by 1% on the year before. | |
Morrisons' chief executive Dalton Philips said it had been "a good performance in a tough market". | |
However, retailer Debenhams said the weather conditions had cut its like-for-like sales by 2.5-3%. | |
Weather issues | |
The sales increase at Morrisons was slightly higher than analysts had expected. | |
"I am very pleased with the way the whole business has risen to the twin challenges of a difficult consumer environment and prolonged spell of adverse weather," Mr Philips said. | |
He also told the BBC Radio 4 Today programme that the firm had seen a change in customer shopping patterns because of the weather. | |
He said that rather than coming in on the traditional biggest shopping day of 23 December, people had been visiting stores "three to four days before Christmas". | |
They had also been making larger shopping purchases than usual. | |
Ocado boost | Ocado boost |
Department store group Debenhams said that, for the 19 weeks to 8 January, group like-for-like sales had increased by 0.3% including VAT and decreased by 1.3% excluding VAT. | |
Chief executive Rob Templeman said the group's performance had been "pleasing" in the wake of the disruption caused by the widespread cold weather. | |
He said the severe weather had cut the retailer's group's like-for-like sales by 2.5-3% over the 19 week period. | |
Meanwhile, food home delivery company Ocado reported a rise in sales. It said gross sales during Christmas week had reached £12.3m, up 43.5% from 2009. | |
In the four trading weeks to 26 December, Ocado's gross sales were £50.9m, up 26.7% from 2009. | In the four trading weeks to 26 December, Ocado's gross sales were £50.9m, up 26.7% from 2009. |
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