The UK Big Four's first quarters Archives - Just Food
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The UK Big Four's first quarters

Comment: Tesco needs time – will it get it?

Comment: Tesco needs time – will it get it?

Looking at Tesco's first-quarter sales figures, it seems trading remains tough for the UK's largest retailer. However, Tesco has only just started introducing the changes it hopes will revitalise its domestic business. That said, competition remains fierce and the fall in Tesco's share price suggest investors are less than confident about the prospects of a recovery in the short term.

UK: Asda claims “market-leading” growth in Q1

Asda, the UK's second-largest retailer, said today (17 May) its underlying sales growth accelerated in the first quarter of its financial year. The company reported a 2.2% increase in like-for-like…