Tesco logs rising sales, one year on from lockdown

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Sales during the current first quarter are up 8.1% compared with two years ago, before the pandemic. FMTNews Tesco

LONDON: British supermarket giant Tesco today posted rising first-quarter sales on easing virus curbs and solid online demand, a year after posting strong figures during the first pandemic lockdown.

However, Britain’s biggest retailer had experienced soaring sales in the same part of 2020, as people switched to online grocery deliveries during the early stages of the pandemic. And online sales were up 81.6% on pre-pandemic levels, as consumers placed 1.3 million orders per week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s factory output, retail sales miss expectations in May | Malay MailBEIJING, June 17 — Growth in China’s factory output slowed for a third straight month in May, likely weighed down by disruptions caused by Covid-19 outbreaks in the country’s southern export powerhouse of Guangdong. Retail sales and investment growth also came in below market expectations,...
Source: malaymail - 🏆 1. / 86 Read more »

China's factory output, retail sales, investment all miss expectationsOfficials warn foundations for the country's recovery are not yet secure. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

Ismail Sabri: 90 factories ordered to close since lockdownPUTRAJAYA: Ninety factories were ordered to close by the task force monitoring standard operating procedure compliance during the first two weeks of the nationwide lockdown.
Source: staronline - 🏆 4. / 75 Read more »

Shut stadium pushes Manchester United to third-quarter lossClub posts £21.7 millon loss in first three months of 2021 as Covid lockdown takes financial toll. FMTNews ManchesterUnited ClubLoss OldTrafford Covid19
Source: fmtoday - 🏆 5. / 72 Read more »

Eurocham: Msia's business reputation in decline, 'exit plan' will hinder recoveryThe timeline for Putrajaya's National Recovery Plan will hinder economic recovery and social sustainability, eurochammy warned. They further recommended that the current round of lockdown should only be temporary and be thoroughly reviewed by month-end. eurochammy Faucism eurochammy hannahyeoh Yes indeed. The plan carries no thought process. All that d govt needs to do is pump up d vaccination. Make the access easy for all. Peoplr are waiting for months still no appt. Hope d king will reconvene parliament immediately.
Source: malaysiakini - 🏆 20. / 51 Read more »

Conflicting SOPs leave RM500 million flower industry in tatters, say growers | The Malaysian InsightFloriculture not among 17 essential service sectors allowed to open during lockdown.
Source: msianinsight - 🏆 8. / 63 Read more »