Britain’s biggest retailer said that like-for-like sales rose 0.1 per cent over the festive period in Britain, helped by lower prices, improved availability and a strong performance in fresh food. On December 23 the supermarket enjoyed its biggest day of British food sales in its 100-year history, it said. Tesco was founded in 1919 by Jack Cohen, who started selling surplus groceries in the East End of London. It has a market share of 27.4 per cent in the supermarket sector and more than 3,700 shops and 340,000 staff. Dave Lewis, the outgoing boss who has led the turnaround of…

Source: The Times January 09, 2020 09:10 UTC