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Online's share of Britain's grocery market hits record 16%: Nielsen

By Reuters Staff
2 Min Read
LONDON (Reuters) - The online share of British grocery sales hit a record 16% in January, up from 8% in the same month last year, driven by increased demand during the country’s third COVID-19 lockdown, industry data showed on Tuesday.
FILE PHOTO: A shopper leaves with her groceries at the Morrisons supermarket in Bradford City center, January 9, 2003. REUTERS/Ian Hodgson
Market researcher Nielsen said British consumers spent 1.4 billion pounds ($1.9 billion) on groceries online in the four weeks to Jan. 30 - year-on-year growth of 121%.
It said one in three of all British households shopped online, with 770 million pounds of the spend coming from new online shoppers. ....

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FTSE 100 slips as stronger pound, subdued consumer spending data weigh

London's FTSE 100 fell on Tuesday after a solid start to the week, as a stronger pound outweighed a set of upbeat earnings, while data showed a nationwide lockdown hurt consumer spending in January. ....

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M&S clothing sales cut by British lockdown measures

Marks & Spencer (M&S) saw another big fall in sales of clothing and homeware in the Christmas quarter as COVID-19 restrictions hit demand and closed space, factors it said were masking progress made on its turnaround plan. ....

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