Posh shoppers return to Tesco, increasing sales and average spend by over 2% as turnaround continues
Tesco's sale have grown at their fastest rate in three years as more affluent shoppers return to its stores, snapping up its 'Farm Brands' and 'Finest' ranges.
According to the latest till roll analysis from Kantar Worldpanel, sales at Tesco increased by 2.2 per cent over the quarter to November 6, while customer's average spend was up by 2.1 per cent to £20.69.
The sales figures mean Tesco, which has been gradually returning to health since Dave Lewis took as chief executive in September 2014, has boosted its share of Britain's grocery market to 28.2 per cent, up from 27.9 per cent this... read more
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