Tesco’s sales up 12.8% in second quarter results

Tesco’s sales up 12.8% in second quarter results

Tesco’s latest results reveal group sales have hit £28.3bn and are up 12.8%. The UK and Republic of Ireland are driving the positive figures, with sales up 3.8%. However, Central Europe LFL sales declined by 1.5% and the retailer states this is due to the impact of...
Sainsbury’s grocery sales up 0.5%

Sainsbury’s grocery sales up 0.5%

Sainsbury’s has released its first quarter trading statement for the 16 weeks to 30th June, which shows a rise of 0.5% in comparison to 3% in the same period a year ago. Results also show like-for-like sales rising at 0.2% in comparison to last year’s 2.3%....
Iceland sales rise 8% despite supply chain challenges

Iceland sales rise 8% despite supply chain challenges

Iceland has released its full-year results, revealing an increase in total sales to more than £3 billion. The grocer, which specialises in frozen foods, has also seen an increase in like-for-like sales by 2.3% in the 53 weeks to the end of March this year. However, it...
Tesco’s sales up 12.8% in second quarter results

Tesco UK and Republic of Ireland sales up 3.5%

Tesco has released its First Quarter Trading Statement 2018/19, and growth plans are on track with total UK and Republic of Ireland (ROI) sales up 3.5%. Tesco’s UK like-for-like sales were up 2.1% as performance improved through the quarter (after taking the timing of...
Asda like-for-like sales increased by 0.5%

Asda like-for-like sales increased by 0.5%

Supermarket Asda has published its annual Statutory Accounts for the financial year to 31st December 2017. The accounts for Asda Group Limited, which includes the financial activities of all Asda stores, distribution centres and online, show that in the last financial...