Tesco grows market share for first time since 2011 - Kantar

Tesco grows market share for first time since 2011 - Kantar
 

Britain's biggest supermarket chain Tesco grew its market share for the first time in five years after three-month sales rose 1.3 percent, providing further evidence that the grocer's turnaround plan is working.
Market researcher Kantar Worldpanel said on Tuesday that Tesco grew sales by 1.3 percent in the 12 weeks to October 9, reversing 18 months of declining sales, and helping boost its share of Britain's grocery market to 28.2 percent.
The data shows Tesco is pulling ahead of its three biggest rivals in Britain's supermarket sector, as No.2 player Sainsbury's posted a 0.4 percent fall,... read more

 
18 October 2016 in Business, Views: 36
Source: Reuters
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