Tesco has published its report
Tesco’s sales fell during the Christmas season. A report by the largest UK retail network in London on Thursday said the downturn particularly affected by Central European interests, mainly it is due to the restructuring of the Polish business.
According to a periodic report published by the London Stock Exchange (LSE), group-level sales fell 1.5 percent year-over-year in the 19 weeks ending January 4.
Within the average of the 19-week period under review, sales for the third quarter of the current business year ended November 23, decreased by 1.4 percent, and for the four weeks remaining until January 4, by 1.7 percent. (Kertész Róbert, MTI)
Related news
600,000 products are moved daily in Tesco’s new logistics center to supply nearly 200 stores within 24 hours
Tesco’s logistics center in Szigetszentmiklós, which was opened in November…
Read more >Last year AI made sure the Christmas shopping experience was a happy one
AI helped consumers to spend smarter last Christmas. According to…
Read more >Shopper Park Plus Plc. acquired a retail park portfolio in Slovakia
Shopper Park Plus Plc. (SPP) has acquired a Tesco-centric retail…
Read more >Related news
SPAR opened a new supermarket in Kecskemét
SPAR Hungary has opened a new supermarket in Kecskemét with…
Read more >600,000 products are moved daily in Tesco’s new logistics center to supply nearly 200 stores within 24 hours
Tesco’s logistics center in Szigetszentmiklós, which was opened in November…
Read more >LIDL is already preparing for the season: the company is expanding its team with around 150 new employees
Lidl Hungary is already preparing for the increased summer traffic…
Read more >