There will be a tighter focus on convenience and online instead of big-box stores
Thursday 14 Oct 2021 Author: Ian Conway
On 6 October supermarket Tesco ( TSCO ) surprised the market with better than expected first half results, an increase in full year profit guidance and its first share buyback. Alongside these milestones were the outlines of a new strategy which the group hopes will not just see it maintain its market-leading share of UK grocery spending but increase it at a time of fierce competition. In tandem, the...