Aldi reports record Christmas sales after shoppers moved to cut festive grocery bills

AI Summary
Aldi reported record Christmas sales in the UK, with a 3% increase to £1.65 billion in the four weeks leading up to December 24th, driven by shoppers seeking affordable festive groceries. The discounter saw over 57 million transactions and strong demand for its premium own-label range. Lidl, another German discount chain, also reported record-breaking Christmas sales, with a 10% increase to £1.1 billion, attracting nearly 51 million shoppers. Both retailers attributed their success to offering value and quality during a period when consumers are still struggling with the cost of living. Neither Aldi nor Lidl provided like-for-like sales figures, but both chains opened approximately 40 new stores in 2023.
Key Entities & Roles
Keywords
Sentiment Analysis
Source Transparency
This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
Topic Connections
Explore how the topics in this article connect to other news stories