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Tesco : UK's Tesco commits to healthy food sales target after shareholder pressure

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LONDON (Reuters) - Tesco, Britain s biggest supermarket chain, committed to increase its sales of healthy food to 65% of total sales by 2025 following pressure from some shareholders to set targets.
Some investors have been calling for Tesco, which has 27% of the UK s grocery market, to sell more healthy food, saying it was lagging rivals in its efforts to encourage healthy eating and combat obesity in the country.
Investors Robeco, JO Hambro and others, led by responsible investment group ShareAction, proposed a resolution over healthy food sales in February for the company s AGM, which is usually held in late June or early July. ....

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Discount supermarket Lidl says UK Christmas sales jumped 17.9%

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LONDON (Reuters) - The British arm of German discount supermarket Lidl said sales had increased by 17.9% in the four weeks to Dec. 27, driven by customers buying more goods in store and switching away from rivals.
Lidl said its performance meant it was the fastest growing retailer versus the big 4 supermarket chains Tesco, Sainsbury s, Asda and Morrisons, and other competitors.
Britain s supermarkets saw the busiest December ever as the closure of restaurants, bars and cafés due to COVID-19 restrictions meant shoppers spent 11.7 billion pounds on groceries, according to market researcher Kantar.
Lidl said its average basket size increased by 24.8% year-on-year, boosted by demand for festive products such as mince pies. ....

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