June 23, 2026 11:37 AM GMT Retailing - Food | Europe Worldpanel UK: (June-26) - Soft print for Tesco...taking a leap of faith What's new? Overall grocery trends look stable at market level, with ~flattish volumes y/y, but increased promotional activity, and inflation ~3%. For us, instead the main focus of this release is Tesco, considering the rare UK LfL miss in last week's results. Share trends were softer than expected for the second consecutive release, with 4wk till roll/grocery down -20bp/-30bp y/y re ...

23 June 2026 | 7:51AM BST Equity Research United Kingdom Retail: UK Worldpanel 12 wks to 24th May: Clothing sales -4% yoy; with M&S +13%, Next +8% and Primark flat What's interesting: Richard Edwards +44(20)7051-6016 | richard.edwards@gs.com Goldman Sachs International Ben Williams +44(20)7051-0661 | ben.williams@gs.com Goldman Sachs International Hamish Bogdan +44(20)7552-2214 | hamish.bogdan@gs.com Goldman Sachs International Goldman Sachs does and seeks to do business with companies covered in its resear ...