Investing.com investing.com 18 Dec, 2020 09:15 am

2 FTSE Grocery Shares As Consumers Stock Up For The Holiday Season

2 FTSE Grocery Shares As Consumers Stock Up For The Holiday Season
Stocks Analysis by Investing.com (Tezcan Gecgil/Investing.com) covering: FTSE 100, Amazon.com Inc, WM Morrison Supermarkets PLC, Tesco PLC. Read Investing.com (Tezcan Gecgil/Investing.com)'s latest article on Investing.com

We believe one such market is the UK's FTSE 100 , which is still down about 14% year-to-date (YTD).Among FTSE 100 stocks that offer a considerable margin of safety are several food and grocery retail names.In the UK, Sainsbury and Morrisons are household names, along with the two other FTSE 100 supermarket peers—Tesco (LON: TSCO ) (OTC: TSCDY ) and Ocado (LON: OCDO ) (OTC: OCDGF ).Of the four FTSE 100 member supermarkets, Morrison shares have at times been regarded as the underdog.

Investors were pleased to see digital sales are up 117%, about 40% of total sales.Around 19% of our sales were digital this time last year and nearly 40% of our sales are digital today.

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