Tesco results show sales continued to grow during pandemic

Tesco results show sales continued to grow during pandemic

Tesco’s preliminary results for 2020/21 have been released showing profits at £1990million, a drop of 14.7% but a growth of +6.3% in overall sales. Its chief executive, Ken Murphy said: “Tesco has shown incredible strength and agility throughout the pandemic. By...
Tesco profits surge as online business doubles

Tesco profits surge as online business doubles

Tesco has seen its pre-tax profits for the first half of the year increase by more than a quarter, thanks to consumers buying more food during the Covid-19 pandemic and online orders doubling. Profits for the supermarket grew to £551 million in the 26-week period to...