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Trading updates from SUPR tenants show resilience

SUPR’s tenants have recently reported some very impressive trading performance over the Christmas period, highlighting the strength of the sector and the non-discretionary nature of grocery spending.


  • Very positive grocery performance, with Q3 sales up 9.3%
  • Christmas sales were up 8.6%, with stronger volume growth offsetting lower inflation
  • Like-for-like sales growth of 7.4%


  • Q3 like-for-like UK sales up by 7.9%
  • Q3 like-for-like UK online sales up by 12.3% supported by strong execution, with orders, volumes, pick rates and availability all up YoY

Marks and Spencer:

  • Top performing grocer in volume growth terms over the Christmas period and quarter
  • Q3 like-for-like UK sales up 8.1%
  • Q3 like-for-like UK grocery sales up 9.9%

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