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Stock impact report

Britain's supermarkets sales fall on tough year-on-year comparison - Kantar [Reuters]

TESCO PLC S/ADR (TSCDY) 
NASDAQ:AMEX Investor Relations: tescoplc.com/investors
Company Research Source: Reuters
Britain's supermarkets sales fall on tough year-on-year comparison: Kantar LONDON (Reuters) - Sales fell at all of Britain’s big four supermarket groups over the latest 12 week period, reflecting heatwave-boosted sales during the same period last year which made comparisons tough, industry data showed on Tuesday. Market researcher Kantar said total grocery sales fell by 0.5% in the 12 weeks to July 14 - the first overall decline in the sector since June 2016. It said sales at market leader Tesco ( TSCO.L SBRY.L WMT.N MRW.L All of the big four lost market share to the German-owned discounters who continued to fare well. Aldi’s sales were up 6.7% and Lidl’s were up 7.0%. Reporting by James Davey; editing by Kate Holton Our Standards: The Thomson Reuters Trust Principles. Show less Read more
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