In the first quarter 2011, Tesco’s US operation Fresh & Easy saw sales rise 21.9% (31.7% at constant exchange rates), with double-digit like-for-like sales growth of 11.1%. This was driven by increased customer numbers and higher average spends. The stores which have recently opened in Northern California saw weekly sales per store of $150,000 during quarter.UK-based retailer Tesco reported a rise in total Q1 group sales of 7.8% including petrol (8.4% at constant exchange rates) in the 13 weeks ended 28 May 2011. Growth excluding petrol was 6.7% (7.3% at constant exchange rates).
UK like-for-likes stood at 1% excluding petrol and 3.4% including petrol, a stronger rate of growth than in the fourth quarter of 2010-2011.
No comments:
Post a Comment