NielsenIQ UK

Britain’s Marks & Spencer Has Momentum In Christmas Countdown – NIQ

Marks & Spencer has entered Christmas trading with momentum as NIQ data showed it to be one of the UK's fastest-growing grocers.

UK shoppers are expected to spend more this Christmas due to lower inflation and strong promotions, according to the latest data from NIQ.

UK shoppers spent £53.7 billion of FMCG in the third quarter of 2024, a 3.7% lift on the same quarter last year, according to NIQ and GfK.

The British online supermarket and technology group Ocado has named Adam Warby as its chair, succeeding Richard Haythornthwaite.

Total till sales in the UK grew by 4.7% in the four weeks ending 4 October 2024 buoyed by lower inflation and seasonal spending, NIQ reports.

British supermarket sales growth slowed in September, likely owing to cooler weather and a return to routine following the summer holidays.

Total till sales in UK supermarkets remained strong in May at +3.3% growth for the four weeks ending 18 May 2024, according to data from NIQ.

British shoppers are increasingly choosing own-label products to help counter surging inflation.

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