Tesco pick-up despite British price pressures

Tesco Ireland sales growth slower due to food price cuts

16th June, 2017
Tesco Ireland sales growth slower due to price cuts. Pic: RollingNews.ie

Shares in supermarket giant Tesco jumped in early trading in London this morning after a strong trading update for its first financial quarter. The shares later gave up much of their gains.

His efforts appear to be paying off, as Tesco this morning reported its strongest British sales growth in seven years, though its efforts to keep food prices down in the Republic of Ireland stores meant a much slower rate of growth.

Key points...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

EY reports €393m revenues in Republic of Ireland for 2021 financial year

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years