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

RugbyPass scores major double win at the 2024...

September 27, 2024

Alphabet third quarter results fall as giant struggles...

October 26, 2022

Data company sued by US government amid fears...

August 30, 2022

London’s leading electric taxi firm secures £1.6m asset...

December 17, 2024

Bitcoin surges past $80,000 as Trump nears control...

November 11, 2024

Grimsby-based myenergi set to become UK’s largest home...

April 6, 2023

Aston Martin cuts volume targets after production delays

November 2, 2023

Should Politics Be Kept Out of the Office?...

June 20, 2024

Sunak could follow Biden’s lead and ban UK...

August 11, 2023

The Importance of Learning Business Ethics

September 1, 2022

    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

    • UK steel industry faces fresh crisis as US tariff jumps to 50%

      May 31, 2025
    • Hunter Biden seen driving Toyota rental in South Africa after his Secret Service detail was terminated

      May 31, 2025
    • Trump tariff plan faces uncertain future as court battles intensify

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Musk confident DOGE will save $1 trillion as government cost cutting continues

      May 30, 2025
    • Who will be Elon’s successor? The top names in line for DOGE chief

      May 30, 2025

    Categories

    • Business (8,105)
    • Investing (2,000)
    • Politics (15,446)
    • Stocks (3,118)
    • 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