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Tesco reports strongest UK sales growth in seven years

Reuters  |  LONDON 

By James DaveyLONDON (Reuters) - Tesco, Britain's biggest retailer, has cemented its recovery, reporting its strongest quarterly sales performance in its home market in seven years despite rising prices.Chief Executive Dave Lewis has been leading a fightback after Tesco's profits were hammered by changing shopping habits, the rise of German discounters Aldi and Lidl and an accounting scandal in 2014.He stabilised the business and then got it growing again with a focus on lower prices, new and streamlined product ranges, better customer service and much improved supplier relationships. Tesco ...

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First Published: Fri, June 16 2017. 14:53 IST