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Southern Co-operative’s like-for-like sales slip over Christmas

Southern Co-operative has reported that its like-for-like sales edged down 0.5% in the two weeks to 4 January. However, total sales grew by 5% in the…

GENERAL MERCHANDISE

Southern Co-operative’s like-for-like sales slip over Christmas

Southern Co-operative has reported that its like-for-like sales edged down 0.5% in the two weeks to 4 January.

However, total sales grew by 5% in the peak Christmas trading period.

Southern Co-operative chief executive Mark Smith said: “We are pleased to have achieved a growth in sales of 5% at a time of such intense competition in the market, as we continue our expansion plans with 13 new stores opened in 2014 from Kent to Devon.”

 

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Retail Bulletin
The Retail Bulletin (TRB) is a UK trade publication covering the retail industry. Since 2002, we have delivered daily retail news to thousands of registered readers. Our coverage includes breaking stories, company results and trading updates, analysis and industry data, alongside commentary from retailers and industry professionals. Articles published under The Retail Bulletin byline are produced collaboratively by our editorial team. We also run conferences, round tables and customer events throughout the year, bringing retail leaders together to share ideas. In 2023 we launched the People in Retail Awards, held annually to celebrate the individuals and organisations driving the industry forward.
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