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...
Tesco creates 16,000 new permanent roles

Tesco creates 16,000 new permanent roles

Supermarket Tesco has announced that it will create 16,000 new permanent roles to support the growth of its online business. The new roles are in addition to the 4,000 permanent jobs already created since the start of the Covid-19 pandemic. The jobs will include...
Tesco’s sales grow by 9% during lockdown

Tesco’s sales grow by 9% during lockdown

Supermarket Tesco’s sales rose by 9.2% in the first quarter of 2020 as shoppers bought more food during fewer trips throughout the coronavirus pandemic. Group like for like sales for the retailer grew 8.2% to £13.4bn, with the amount being bought also up by 64%,...
Online growth clicks up again as lockdown trends continue

Online growth clicks up again as lockdown trends continue

The latest grocery market share figures from Kantar show take-home sales from British supermarkets increased by 13.7% year on year in the 12 weeks to 14 June 2020, covering the full lockdown period.   Shorter term, the latest four-week ending numbers suggest that...