This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-22778145
The article has changed 6 times. There is an RSS feed of changes available.
| Version 2 | Version 3 |
|---|---|
| Tesco reports fall in UK sales | Tesco reports fall in UK sales |
| (35 minutes later) | |
| Supermarket giant Tesco has reported a fall in UK sales over the past three months. | Supermarket giant Tesco has reported a fall in UK sales over the past three months. |
| Like-for-like sales, excluding petrol and VAT, dropped by 1% during the 13 weeks ending 25 May 2013. | Like-for-like sales, excluding petrol and VAT, dropped by 1% during the 13 weeks ending 25 May 2013. |
| The supermarket is undertaking a programme of store refurbishments and is planning to refit almost 70 of its larger outlets. | The supermarket is undertaking a programme of store refurbishments and is planning to refit almost 70 of its larger outlets. |
| "We have broadly maintained our performance from the fourth quarter of last year," Tesco said. | "We have broadly maintained our performance from the fourth quarter of last year," Tesco said. |
| The horsemeat scandal has had a "small but discernable impact" on frozen and chilled convenience food sales according to the supermarket. Traces of horsemeat were found in four of its products. Tesco added that sales in these categories had picked up in recent weeks. | The horsemeat scandal has had a "small but discernable impact" on frozen and chilled convenience food sales according to the supermarket. Traces of horsemeat were found in four of its products. Tesco added that sales in these categories had picked up in recent weeks. |
| Tesco says it is reducing its reliance on selling consumer electronics, after non-food sales declined. | |
| Online food shopping is the fastest growing part of its business, and the retailer now has 169 grocery collection points across its UK stores. | Online food shopping is the fastest growing part of its business, and the retailer now has 169 grocery collection points across its UK stores. |
| 'Challenging' | 'Challenging' |
| "Our plan is a long term project" chief executive Philip Clarke told BBC Radio 4's Today programme. | "Our plan is a long term project" chief executive Philip Clarke told BBC Radio 4's Today programme. |
| "We're not helped by the huge changes we're making to general merchandise, which is all about changing the space and the ranges for the future." | "We're not helped by the huge changes we're making to general merchandise, which is all about changing the space and the ranges for the future." |
| "We have dramatically reduced our ambitions to grow big stores," added Mr Clarke. | "We have dramatically reduced our ambitions to grow big stores," added Mr Clarke. |
| The retailer describes performance in its international markets as "challenging". Sales in China have been affected by the bird flu crisis and a decline in demand for pork products after a food safety scare in the country. | The retailer describes performance in its international markets as "challenging". Sales in China have been affected by the bird flu crisis and a decline in demand for pork products after a food safety scare in the country. |