Summary
Tesco continued to put its rivals in the shade following an 18.7 per cent rise in half-year profits to pounds 908 million.
The group, which has more than 250,000 staff and around 1,780 stores in the UK, also reported a 14.1 per cent jump in sales to pounds 18.8 billion for the six months to August 13 as it bucked the downward trend elsewhere in the retail sector.See the full content of this document
Extract
Tesco's Profits Leave Other Stores Standing
The figure for the UK was ahead 8.2 per cent on a like-for-like basis.
The profits figure is given under new accounting rules, with the retailer achieving growth of 14.4 p...See the full content of this document
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