retail news in context, analysis with attitude

Bloomberg reports that Tesco "had its best quarterly sales performance since June as a revenue decline eased, Kantar Worldpanel said, providing some rare good news for the troubled U.K. supermarket leader ahead of the peak holiday season.

Sales fell 2.7 percent from a year earlier in the 12 weeks ended Dec. 7, the researcher said today, compared with the 3.7 percent decline it reported a month ago."

Kantar framed the shift as "limited signs of stabilization."
KC's View:
What the hell. It's Christmas. Let's be of good cheer. Even good news with a caveat is good news. And Tesco can use all the good news it can get.