Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Lidl celebrates record festive sales with 7% Christmas boost

by January 2, 2025
January 2, 2025
Lidl celebrates record festive sales with 7% Christmas boost

Lidl has reported its strongest UK Christmas trading period, with sales rising by 7 per cent year-on-year in the four weeks to 24 December, surpassing the £1 billion milestone for the first time.

Two million more shoppers visited its stores during the festive season, lured by cut-price champagne and an “affordable” party food range, which saw sales jump by almost a third.

The German-owned grocer revealed a 25 per cent rise in champagne sales, the equivalent of 11 million glasses poured, while British turkeys remained a favourite, selling at a rate of one every second. Customers also snapped up 16 million pigs in blankets, 8 million stuffing balls and 2 million litres of gravy.

Ryan McDonnell, Lidl GB’s chief executive, said the retailer’s blend of “unbeatable quality and value” had drawn more shoppers than ever, adding that the company would “build on our momentum” through continued store openings and competitive pricing.

Lidl’s market share has continued to climb as rising living costs push consumers to seek value. Industry analysts at Kantar recently named Lidl as the country’s fastest-growing bricks-and-mortar grocer, edging closer to Morrisons’ position as the UK’s fifth largest supermarket.

Although it represents slower growth than the 12 per cent increase recorded over the same period a year ago — when inflation on food and drink was more pronounced — Lidl’s performance stands out as many shoppers have reined in supermarket spending to focus on smaller indulgences such as beauty and entertainment products.

The supermarket sector will face further scrutiny in the coming week, as Sainsbury’s and Marks & Spencer unveil their festive figures. Meanwhile, the British Retail Consortium has warned of a potential “spending squeeze” in January, with consumer confidence taking a hit towards the end of the year.

Read more:
Lidl celebrates record festive sales with 7% Christmas boost

0
FacebookTwitterGoogle +Pinterest
previous post
David Lloyd adds desks and spas so members can work, rest and play
next post
High Street closures set to surge in 2025 as business rates burden grows

You may also like

Measuring ROI in Social Media Marketing: Beyond Likes...

June 19, 2025

Half of UK workers uninspired by the office:...

April 26, 2023

Third of public sector workers ready to resign

October 31, 2022

CapitalRise secures £30 million funding line for bridging...

July 9, 2024

Bank of England delays next interest rate decision...

September 9, 2022

Labour to Close VAT Loophole on Private School...

June 27, 2024

Former Barclays boss Jes Staley fined £1.8m over...

October 12, 2023

RiskSmart raises £1m to launch SME risk managment...

August 11, 2022

Michelle Donelan: Google AI training programme supports UK...

August 3, 2023

International online literature comes to life at the...

November 23, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • James Comer praises Kash Patel for ‘holding deep state accountable’ as FBI raids John Bolton’s home

      August 22, 2025
    • From Tariff Shock to Mild Sting: How the EU Deal Could Affect Drug Prices for Patients

      August 22, 2025
    • New Court Decision Out of Portugal Shows How Essential Section 230 Is to a Free Internet

      August 22, 2025
    • Government to appeal High Court ruling forcing closure of Epping migrant hotel

      August 22, 2025
    • Trump DOJ to begin handing over Epstein files to House Oversight investigators

      August 22, 2025
    • OnlyFans pays record £520m to Ukrainian-born owner as $8bn sale looms

      August 22, 2025

    Categories

    • Business (8,855)
    • Investing (2,233)
    • Politics (16,460)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved