Brits Too Busy to Shop Are A Boost For U.K. Convenience Stocks
Brits are still spending money on groceries, but only when it suits their busy lives.
Consumers no longer want to spend two or three hours on a Saturday buying essentials for the week and prefer to visit stores more frequently to purchase fewer items, said Trevor Green, head of U.K. equities at Aviva Investors in London.
He sees the pattern of shoppers combining online buying with convenience store trips continuing.
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