Marks & Spencer reports a decrease of 2.1 percent in food sales during the Christmas period

Marks & Spencer reports a decrease in food sales of 2.1% during the Christmas period and Debenhams fell 3.4%, but Tesco sees sales rise

Mark Duell for MailOnline

Marks & Spencer reported a drop of 2.4 percent in like-for-like clothing and home sales during the Christmas quarter to December 29, while food sales fell 2.1 percent.

The like-for-like turnover at Debenhams fell by 3.4 percent during the Christmas period. The retailer saw the gross transactions drop by 3.8 percent in the six weeks to January 5th.

Comparable sales in the UK were 3.6 percent lower than last year due to weak visitor numbers.

Marks & Spencer reported a 2.4 percent drop in like-for-like clothing and home sales during the Christmas quarter to December 29, while food sales dropped 2.1 percent

Marks & Spencer reported a 2.4 percent drop in like-for-like clothing and home sales during the Christmas quarter to December 29, while food sales dropped 2.1 percent

During the 18 weeks to 5 January, British sales declined by 6.2 percent and international sales fell by 3.5 percent, but digital sales were 4.6 percent higher in the same period.

Chief executive Sergio Bucher said that it is the best possible outcome & # 39; was in an uncertain time.

He said: & # 39; We have responded to a significant increase in promotional activities in the market, especially in the main seasonal categories, in order to remain competitive for our customers.

We have taken decisive steps to maintain rigorous costs and capital discipline, and I am grateful to my colleagues for their hard work because we can continue to change quickly. & # 39;

Tesco reported an increase of 2.2 percent in British like-for-like sales during the festive season, when the supermarket revealed Christmas figures.

Tesco reported an increase of 2.2% in British like-for-like sales during the holidays when the supermarket announced Christmas results

Tesco reported an increase of 2.2% in British like-for-like sales during the holidays when the supermarket announced Christmas results

Tesco reported an increase of 2.2% in British like-for-like sales during the holidays when the supermarket announced Christmas results

Tesco said it outperformed the market in all major categories: food, clothing and general goods.

For the third quarter as a whole, Tesco recorded similar revenue growth in the United Kingdom of 0.7 percent.

Chief executive Dave Lewis said: & # 39; As a team we have achieved a lot in the last 19 weeks.

& # 39; In the UK we have made significant improvements in our range of competition and this is reflected in a very strong Christmas performance that the market was ahead of.

& # 39; In Central Europe, the reform of our company continues and we have confidence in the result we had in mind.

In Asia negotiations with suppliers have been satisfactorily completed and we can see this in our simpler, clearer and more effective offer for customers.

The like-for-like turnover at Debenhams fell by 3.4 percent during the Christmas period

The like-for-like turnover at Debenhams fell by 3.4 percent during the Christmas period

The like-for-like turnover at Debenhams fell by 3.4 percent during the Christmas period

We have more to do everywhere, but we are on schedule to realize our plans for the year and when we enter our centenary, we are in a strong position. & # 39;

It comes as a leading index that retailers have suffered the worst Christmas since 2008 and the financial crisis, because even crazy discounts could not lure customers in December.

Sales growth flattened last month, showing a growth of 0 percent compared to the previous year, according to the closely monitored British Retail Consortium-KPMG retail sales monitor.

Last Christmas the index recorded total annual sales growth of 1.4 percent, but retailers could not maintain this pace, even with high price drops.

On the same basis, British retail sales fell by 0.7 percent, compared to a 0.6 percent increase in December 2017.

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