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December delivers Christmas present to high street traders.
(From Off Licence News)
Byline: Rebecca Evans
Retailers reported encouraging sales growth over Christmas , with December making up for a flatter November.
Wine Cellar's general trading manager, Steve Parker, said : "The actual Christmas period was extremely successful for us . Prior to that it was a little bit flat but I think that relates to the multiples' activity since the summer." Tesco head of BWS Dan Jago said: "We grew our business year on year as you would expect. We had a strong Christmas in some areas, other areas were very challenging." Majestic's like-for-likes in the nine weeks to Dec 31 were flat at 1.2 per cent, although sales increased by 4.1 per cent in the last five weeks of that period. Chief executive Tim How blamed consumer caution for a "disappointing November".
Independent retailers have reported strong trading, with both York Beer & Wine Shop and Leeds' Beer Ritz - run by OLN columnist Zak Avery - enjoying record sales before Christmas. Alcohol sales at retail symbol group Nisa-Today's rose 8 per cent in December, helping the company achieve overall growth of 5.1 per cent. Suppliers also sounded positive about festive ...
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