05 June 2013
Tesco has revealed that group sales rose by 2.7% exc. petrol (0.7% at constant exchange rates) for the 13 weeks to 25 May 2013.
Driving UK LFL remains a challenge
In what Tesco describes as a 'subdued' market, sales in the UK grew 1 .0% (inc. VAT, exc. petrol), with like-for-like (LFL) sales reducing 1.0% (exc. VAT, exc. petrol). Compared to Q1 last year this marks a slowdown in sales gro...