Finance
M&S's UK food business makes strong start to new year, says NIQ
Published by Global Banking and Finance Review
Posted on February 5, 2025
1 min readLast updated: January 26, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on February 5, 2025
1 min readLast updated: January 26, 2026
M&S's UK food business leads grocery growth with a 9.7% sales rise, achieving a 4.2% market share. Ocado tops online growth with 15.6% sales increase.
LONDON (Reuters) -British retailer Marks & Spencer's food business kept up its strong sales momentum in the early weeks of the new year, with industry data showing it to be the country's fastest growing bricks and mortar grocery retailer.
Market researcher NIQ said M&S's grocery sales rose 9.7% over the 12 weeks to Jan. 25, giving it a market share of 4.2%, up 20 basis points on the year.
Online supermarket Ocado remained the fastest growing of all grocers with sales up 15.6% over the period.
Most of NIQ's data broadly echoed the findings of rival researcher Kantar's report on Tuesday.
However, M&S, which also sells clothing and homewares, is not included in Kantar's market share data set.
Shares in M&S, which last month reported robust Christmas trading, are up 43% year-on-year, but down 8% so far in 2025.
(Reporting by James Davey, Editing by Louise Heavens)
The main topic is the strong sales growth of M&S's UK food business in early 2025, as reported by NIQ.
M&S's market share increased by 20 basis points to 4.2% over the 12 weeks to January 25.
Ocado is the fastest growing online grocer with a 15.6% sales increase.
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