Connect with us

Hi, what are you looking for?

Investing

Pink prosecco and takeaway sales surge during lockdown Christmas

Pink Prosecco

More than six million glasses of pink prosecco were enjoyed by Lidl customers over the festive period as strict Covid rules prompted people to indulge.

The discount supermarket reported record total sales for the four weeks to 27 December with revenue up 18%.

Takeaway firm Just Eat and online fashion retailer Asos have also reported stellar sales for the period.

All three benefited as restaurants and non-essential shops faced strict curbs or were forced to close.

Demand was so strong in the run up to Christmas, Lidl said it had shifted 7,000 glasses of mulled wine and almost 17,000 deluxe mince pies ever hour during December.

It also sold more than 2.7 million servings of panettone, the festive Italian cake.

Lidl continued to press ahead with its store expansion programme in the period, opening four new stores in December at a time when many businesses are closing down.

Boss Christian Härtnagel said: “Despite this Christmas being a difficult time for many across the country, we are pleased to have been able to help our customers enjoy themselves.

“As we look ahead to this year, we remain committed to our expansion and investment plans,” he added.

Read more:
Pink prosecco and takeaway sales surge during lockdown Christmas

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global plastic pollution treaty, weeks...

Economy

By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded its growth forecast for the Philippines for this year and 2023, citing an “accommodative”...

Economy

THE PHILIPPINE auto industry’s sales recovery will likely be derailed if a measure reimposing excise taxes on pickup trucks is signed into law, according...

Economy

THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected to...

Economy

THE ASIAN Development Bank (ADB) is planning to allocate at least $14 billion for a program aimed at easing a food crisis in the...

Investing

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.