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UK DIY News

A very merry Christmas for Tesco

Earlier today, Tesco announced strong growth and record sales over the key Christmas and New Year trading period.

Total Group sales excluding petrol increased by 9.9% in the six weeks to 6th January 2007. Including petrol, Group sales increased by 9.5%. Like for like sales, excluding petrol increased by 5.9%.

Including petrol, UK sales grew by 8.3%, including like for like growth of 5.4%, and 2.9% from net new space. Tesco.com, including Tesco Direct saw total sales increase by more than 30% to over £150m, with almost 2 million customer orders delievered in the six week period.

16 January 2007
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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

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Martin Elliott. Chief Executive - Home Hardware.
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