Tesco sales growth bucks retail trend

Tesco is avoiding the cutbacks in consumer spending that are dragging sales down at other retailers.

Tesco sales growth bucks retail trend

The supermarket supremo enjoyed UK sales growth of 7.6% in the third quarter, with like-for-like sales up 4.8% – compared with 2.7% in the first half of the year. Excluding petrol sales, the figure was 4.1%.

The retailer said it had experienced good growth in its core food categories.

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