// M&S food sales soared by 10.5% throughout the festive season
// The increase puts it well clear of its main rivals as sales at Tesco and Sainsbury’s rose by just 8.5% and 8.4% respectively
Marks & Spencer is understood to have had good Christmas as shoppers splashed out on its festive food ranges, This is Money has reported.
According to Kantar data, the department store retailer‘s food sales soared by 10.5% in the four weeks to December 25 compared with 2021, putting it well above its main rivals.
Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into your inbox each morning
These results mean the business is set to hail its second bumper Christmas performance in a row at its food division after sales last year grew by a similar amount.
The Kantar figures have been circulated among top food industry executives and reveal a clear division between the businesses holding their own and those falling behind.
Sales at Tesco and Sainsbury’s rose by 8.5% and 8.4% respectively over the four weeks as Waitrose increased by just 1.5%, but Morrisons fell.
M&S is set to reveal how it fared on Thursday, unveiling figures across food and fashion.
Click here to sign up to Retail Gazette‘s free daily email newsletter
