Tesco: Very Lidl helps

tescoMegagrocer Tesco said its sales fell by 2.4 percent over Christmas 2013 compared to Christmas 2012.

And another big grocer, Morrisons said its sales fell by 5.6 percent in six weeks up to 5th of January, blaming competition by the likes of Lidl and Aldi.

Morrisons has been slow to sell stuff on the internet.

Philip Clarke, MD of Tesco said it was going to open lots more smaller Tesco Express shops. These shops sell stuff that’s slightly more expensive than the big megastores.

And there’s more woe on the High Street – Marks and Spencer sales for clothes and home kit fell 2.1 percent in the last calendar quarter of 2013.