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Data shared by Tesco in its Q1 performance update to 30 May provides the first public statement showing detail of the full impact of the pandemic emergency on the wholesaling channel, indicating the specific scale of the asymmetrical effects on retail versus foodservice business.  With total sales for the period boosted to 6.1% by the acquisition of Best Foods in March, Booker’s net like-for-like was just 0.6%.  This disguises massive growth of 23.5% to customers in the independent retail channel, while sales to catering and foodservice customers plunged by 32.1%.  Total value sales for the period were £1.6bn.

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Tesco has released robust full year results for the year to 29 February 2020, together with an update on how it is supporting customers and colleagues through the Coronavirus (COVID-19) crisis. Headline results (actual exchange rates, 52 week change) Group sales: -0.7% to £56.5bn UK & Ireland sales: +0.1%, +0.2% LFL Tesco UK: -0.6%, -0.3% LFL Booker sales: +5.0%, +3.3% LFL Ce...
Tesco has delivered a solid performance in a challenging UK market and continued to progress major changes to its European and Asian operations. Headline LFL results     Q3: 13 weeks to 23 Nov   Christmas: 6 weeks to 4 Jan Combined: 19 weeks to 4 Jan UK -0.4 +0.1 -0.2 ROI +2.0 +1.9 ...
Consolidation and evolving shopper trends are impacting convenience retailers and the channel more widely. In the convenience retailing stream of IGD Live , Costcutter shared the benefits it is realising from ranging for local catchments, while the founder of Thorntons Budgens, Andrew Thornton, discussed his initiatives to remove plastic from its operations. Tailoring range to the needs o...

Presentations

01/07/2020
An essential summary of trading priorities, latest developments, and other key commercial insights for Booker.
29/05/2020
We visited the independent Thornton's Budgens in Belsize Park, London. This report highlights how the retailer is committed to servicing its community and driving change for a sustainable future.
28/05/2020
We visited Booker's well-established depot in Swindon to see how the wholesaler platforms its product and service offer to meet B2B needs across a mixed urban and rural catchment.
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Key presentation

This in-depth guide to the United Kingdom explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

An essential summary of trading priorities, latest developments, and other key commercial insights for Booker.

Access key indicators for over 400 retailers and grocery market sizes for over 180 countries.

We've grouped all the latest European retail news, store visits, retailer profiles and downloadable presentations together in one place.