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...
Tesco unveils Jack’s discount chain

Tesco unveils Jack’s discount chain

Tesco has now confirmed the launch of its new discount store brand, Jack’s, inspired by and named after the supermarket’s founder, Jack Cohen. The launch of Jack’s is part of Tesco’s centenary celebrations which will see the business mark 100 years serving British...
Aldi is UK’s fastest growing supermarket

Aldi is UK’s fastest growing supermarket

Aldi has been named the UK’s fastest growing supermarket in the latest figures from Kantar Worldpanel for the 12 weeks to 9th September. The grocery share figures reveal that, with sales rising 13.9%, nearly half of Aldi’s growth has come from the fresh and chilled...
Tesco’s sales up 12.8% in second quarter results

Tesco to launch new discount chain this week

It has been widely reported that Tesco will unveil a new discount chain named Jack’s on Wednesday 19th September. Named after founder Jack Cohen, Jack’s is expected to be unveiled by the supermarket’s chief executive Dave Lewis in Chatteris, Cambridge on Wednesday ....