Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Breakfast, barbecues and booze: UK supermarkets set for Women's World Cup final fillip

Published 18/08/2023, 10:44
© Reuters. FILE PHOTO: Soccer Football - FIFA Women's World Cup Australia and New Zealand 2023 - Fans in London gather for Australia v England - Canary Wharf, London, Britain - August 16, 2023 England fan Helen Mayhew celebrates after Alessia Russo scores their thir
TSCO
-
SBRY
-
FRAS
-
JD
-
UBER
-

By James Davey

LONDON (Reuters) - British supermarkets and pubs are set to enjoy a boost to trade this weekend as families and friends gather for breakfasts and barbecues to watch England's Lionesses play Spain in the Women's World Cup soccer final in Australia.

The game on Sunday will be the first time since England's men beat West Germany in 1966 that a senior England team has reached a soccer World Cup final.

With fair weather forecast, supermarket demand for alcohol, soft drinks, and barbecue food is expected to jump.

The early kick off, at 11 a.m. local time (1000 GMT), is also anticipated to drive sales of breakfast treats.

The boost to trade will be welcomed. On Friday, official data showed a bigger-than-expected fall in UK retail sales in July as heavy rain deterred shoppers already hard hit by high inflation and consecutive increases in interest rates.

Pubs are also expecting increased demand, with trade body UK Hospitality estimating an additional 41 million pounds ($52 million) in sales.

Market leader Tesco (LON:TSCO) said it expected burger sales to more than double this weekend versus last, with lager sales up 35% and Champagne sales up 30%.

Sainsbury's, Britain's second largest grocer, saw beer sales jump over 20% week-on-week for the Lionesses semi-final victory over Australia on Wednesday.

"We expect that figure to continue to rise over the weekend," a Sainsbury's spokesperson said.

The group is also forecasting a 10% week-on-week uplift in sales of crisps and soft drinks, and a 30% increase for ice cream.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Asda, the No. 3 grocer, has forecast a sales jump of 25% year-on-year for bacon and burgers on Saturday as fans stock up before Sunday's final. It expects a 5% rise in alcohol sales.

No. 4 Aldi expects to sell over 250,000 cans of beer this weekend and more than a million packets of crisps.

Nathan Ansell, customer director, at upmarket supermarket Waitrose, said its stores had also stocked up on bacon, sausages, eggs and champagne and forecast high demand for grocery deliveries from Deliveroo and Uber (NYSE:UBER) Eats on Sunday.

The John Lewis department store chain reported sales of children’s football boots have more than doubled since last week, while sales of TVs have climbed by 25% on last year.

Sportswear retailers JD Sports Fashion and Frasers have also reported strong demand for Lionesses jerseys.

($1 = 0.7863 pounds)

Latest comments

They really are deluded if they think that people are going to watch this.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.