giftedviz.com
giftedviz.com November 14, 2018


Mince pie sales soar as festive spend rises £1bn

10 January 2018, 01:47 | Austin Hogan

Mince pie sales soar as festive spend rises £1bn

FTSE 100 watch Retailers lend support to Footsie

Tesco was the biggest performer in the Big Four, followed by Asda, which saw sales rise by 2.2%.

Among the retailers, Aldi and Lidl are still level pegging in the battle to be the nation's fastest growing supermarket, with both growing sales by 16.8 per cent year on year.

Shoppers parted with £747m on December 22 alone, making the Friday before Christmas the busiest shopping day ever recorded. However, its market share fell by 0.2 percentage points year on year to 28% in the period. "Only 36 per cent of spending was on items on offer this year - the lowest level of promotional activity at Christmas since 2009", McKevitt said.

The other members of the Big 4 - Sainsbury's, Asda and Morrisons - all saw gains of about 2% as overall sales for the sector rose 3.8% to £28.9bn compared to past year.

The latest United Kingdom grocery market share figures published Tuesday by Kantar Worldpanel showed consumers spending GBP1 billion more than previous year in the Christmas festive period.

Meanwhile, sales at Waitrose and Iceland increased by 2.3 per cent and 2.9 per cent, but its market shares dipped 0.2 per cent and 0.1 per cent to 5.8 per cent and 2.2 per cent respectively.

Indeed, private-label sales at the supermarkets grew at almost three times the rate of the overall grocery market (6 per cent) as "most retailers made a big play on the quality and value of premium private-label this Christmas, which is crucial as shoppers look to economise not compromise".

Johnson dominates in Tournament of Champions victory
Johnson won for the 17th time on the PGA Tour, and the fifth time dating to the Genesis Open at Riviera last February. Still to be determined is how Rory McIlroy returns this year, and Justin Thomas certainly has the power and game.


Meghan and Harry's next royal visit divides 'London's Harlem'
Meghan Markle were incredibly touched that you took the trouble to write as you did in connection to their forthcoming Wedding. Prince Harry and his brother Prince William support youth projects through their charitable foundation.


Alligators stick snouts through ice to survive freezing conditions, swamp park says
The alligators seem to instinctively know when the water is about to freeze, says Howard, who is general manager of the park. With their bodies on ice, alligators go into a state of dormancy called torpor in which their metabolism slows considerably.


Britons spent £1 billion more than a year ago over the three months including Christmas, with the average household spending a record £1,054 on groceries. Excluding the discounters, sales were up 2.3 per cent.

Morrisons increased sales by 2.1% - with strongest growth coming from ambient and frozen foods - though the grocer's market share fell by 0.2 percentage points to 10.7%. This is against the backdrop of the retailer's continuing strategy of moving away from promotions, selling 5.6% fewer items on offer than during the same period previous year.

Mince pie sales rose 13.2% to £93m while alcohol was up 5.1% to £3.9bn.

However, Tesco's market share has dropped to 27.5% in the 12 weeks ended December 30, unchanged from the comparable period a year earlier, while Sainsbury's fell to 15.5% from 15.8%, Asda fell to 14.2% from 14.4% and Morrisons fell to 10.2% from 10.4%, Nielsan data showed. Supported by a 7% boost for own label sales, more than half of the increase came from products beyond the retailer's traditional frozen lines.

Sainsbury's managed to increase sales across its convenience stores, larger supermarkets and online deliveries, growing by two per cent overall.

Online sales played a key part in the month with 18% of households shopping online for groceries in December (up from 16% last year).



Other News

Trending Now

New Xbox One Update Adds Do Not Disturb Feature and More
Other incoming features include new ways of tracking Achievement progress and changes to commenting on social feed posts. The feature is coming to Xbox Insider members as of now and will be coming to all other users in the near future.

Amazon chief Jeff Bezos is richer than anyone has ever been
Although Bezos' wealth is the largest overall figure, it does not compare to famously wealthy individuals in the past. Bill Gates takes a place in the runner-up position with an equally staggering net worth of over $92 billion.

CES 2018: Samsung Notebook 7 Spin with faster processors, fingerprint scanner unveiled
It supports an active Pen that takes advantage of the touch and inking features of Windows 10 Fall Creators Update. The backlit keyboard includes features like a 1.5mm keystroke, curved keycap, and a Precision Touchpad.

Gayle King on Oprah White House bid: 'I do think she's intrigued'
But now with newly-fueled rumors of a possible Winfrey run for the presidency in 2020, her views are receiving renewed attention. She endorsed Clinton in 2016. "I don't, I don't", she reportedly said backstage at the Globes when asked if she planned to run.

Kanye West raps fan's favorite song before her death
She then requested that he rap "I Love Kanye" for her, which he did. "Wasn't even blasted on social media or anything". Finally, last week, he FaceTimed with the girl, who was thrilled to have the chance to talk to her favorite rapper.

Radiohead deny suing Lana Del Rey over Creep
The Hollies own the legal battle and Radiohead were ordered to hand over a percentage of royalties and credit the writers. It has to be said, there are similarities between the two songs.

Runaways Season 2 Confirmed by Hulu
It is Marvel's first Hulu TV show and it's success could potentially mean more collaborations between Marvel and Hulu. Vaughan back for a second season. "Every teenager thinks their parents are evil", Hulu says in today's announcement.

Men who take ibuprofen are at risk for fertility problems, study says
However, for men, it could compromise their ability to procreate, a new study suggests . However, despite the change in LH levels, the men's testosterone levels didn't change.

NUJ backs BBC's Carrie Gracie over equal pay allegations
It called for urgent changes to the BBC's culture, which she said routinely led women to be paid less than their male colleagues. Carrie Gracie is making a bold stand by choosing to quit her job and draw attention to the BBC's pay discrepancies.

John Dickerson Replacing Charlie Rose on 'CBS This Morning'
Dickerson joined CBS in 2009 as an analyst and contributor and was tapped to serve as the network's political director in 2011. CBS THIS MORNING is in its closest competitive position with " Today " in at least three decades and in almost two decades.