THE RETAIL BULLETIN - The home of retail news
Lest we forget
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
THE Retail Conference
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Tesco hails fifth consecutive Christmas of growth

Tesco has said it performed well in a “subdued” UK market as it reported a fifth consecutive Christmas of growth. The six weeks to 4 January… View Article

FOOD AND DRINK NEWS UK

Tesco hails fifth consecutive Christmas of growth

Tesco has said it performed well in a “subdued” UK market as it reported a fifth consecutive Christmas of growth.

The six weeks to 4 January saw Tesco increase its like-for-like sales by 0.4%. Total sales rose by 0.2% in the period.

The supermarket said its customers benefited from lower prices with a typical basket of 21 festive items in the weeks before Christmas being £2.28 cheaper year-on-year.

Across the retailer’s third quarter, UK sales were up 0.2% on total basis and up 0.4% on a like-for-like basis.

Dave Lewis, Tesco chief executive, said: “In our centenary year, our customer proposition was compelling, our product offering very competitive and thanks to the outstanding contribution of our colleagues, our operational performance was the best of the last six years.  As a result, this Christmas we had the biggest ever day of UK food sales in our history.”

Subscribe For Retail News