Winners and losers on the UK high street

Tesco continued the relatively good news from the supermarket sector this week, following positive updates from Wm Morrison and Sainsbury's by reporting like-for-like sales growth of 1.5 per cent in the 13 weeks to November 26, and group like-for-like sales growth of 0.3 per cent in the six weeks around Christmas. Adjusting again for the fact that last year had 53 weeks for Primark, total retail sales at constant currency were 12 per cent ahead. However, on a like-for-like basis, ABF would only say that Primark's UK sales for the period were "Good", and overall like-for-like sales were held back by declines in Germany and the Netherlands. Mothercare has recovered slightly, returning to sales growth in the UK, where like-for-like sales were up 1 per cent in the last quarter - thanks to online sales growth of 5.5 per cent. Online sales now represent around 40 per cent of UK sales. Dunelm achieved only 0.2 per cent like-for-like sales growth in the 13 weeks to December 31 - but its online business achieved a 21.7 per cent increase in home delivery sales for the quarter.

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