Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTesco Share News (TSCO)

Share Price Information for Tesco (TSCO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 300.80
Bid: 300.80
Ask: 300.90
Change: 0.80 (0.27%)
Spread: 0.10 (0.033%)
Open: 300.50
High: 302.20
Low: 299.60
Prev. Close: 300.00
TSCO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Supermarket shoppers return to stores as lockdown eases

Wed, 05th May 2021 11:02

(Sharecast News) - Online grocery sales growth slowed in April as increasingly confident shoppers started returning to stores following the easing of lockdown restrictions, a survey showed.
Growth in online sales eased to 25% in the four weeks to 24 April from 92% a month earlier, NielsenIQ data revealed. Visits to physical stores rose 3% - the first increase for a year - compared with a drop of 19% in March.

In-store visits rose but average spend declined, leaving physical sales flat at £8bn. Total UK supermarket sales rose 4.6% despite the partial reopening of hospitality, which would be expected to eat into food and drink sales for home consumption.

Categories that suffered during lockdowns recovered in April including health and beauty items, whose sales rose 27%, deli items, up 28% and bakery products, up 15.5%. Recent surveys have shown consumer confidence rising rapidly as vaccines are administered and restrictions ease.

In the past 12 weeks Lidl, up 18%, and Aldi, up 10%, had the fastest growth. Asda was the best performer of the big four grocers, up 4.6%, followed by Sainsbury's where sales rose 3.9%. Marks & Spencer sales rose 3.9% as non-essential retail reopened and people bought more food on the go. Tesco's share declined to 26.4% from 26.9%.

Mike Watkins, NielsenIQ's UK head of retailer and business insight, said: "As lockdown restrictions ease across the UK, it is clear that shopper behaviours have changed once again with growing confidence and growing numbers returning to stores.

"With rules set to relax further within the next few weeks, consumer lifestyles will begin to adapt and it's likely that we'll see another change in grocery spend as cafes, pubs and restaurants fully reopen."
More News
18 Jan 2024 09:33

Royal Mail owner IDS has "best Christmas" in four years, hires new CFO

(Alliance News) - International Distributions Services PLC on Thursday appointed a new chief financial officer with immediate effect, alongside noting its "best Christmas" performance in four years.

Read more
17 Jan 2024 09:10

LONDON BROKER RATINGS: UBS cuts Shell, Admiral and M&G to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
15 Jan 2024 13:46

IN BRIEF: Tesco Non-Exec Carolyn Fairbairn buys GBP105,000 in shares

Tesco PLC - London-based supermarket chain - Non-executive Director Carolyn Fairbairn buys 35,000 shares at at GBP3.00 each, worth GBP104,842, in London on Monday.

Read more
12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

Read more
11 Jan 2024 12:02

Partying Britons boost Tesco and M&S at Christmas but cautious for new year

LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.

Read more
11 Jan 2024 12:00

LONDON MARKET MIDDAY: Stocks level out as US inflation nerves kick in

(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.

Read more
11 Jan 2024 09:44

Tesco raises profit outlook again after strong Christmas sales

6 weeks to Jan 6 UK like-for-like sales up 6.8%

*

Read more
11 Jan 2024 09:39

Sterling gains vs dollar ahead of US inflation data

LONDON, Jan 11 (Reuters) - The British pound edged up against the dollar on Thursday ahead of U.S. data that could reinforce the expectation that the Federal Reserve will soon start cutting interest rates, thereby giving sterling a greater competitive edge.

Read more
11 Jan 2024 08:40

LONDON MARKET OPEN: Stocks in the green; M&S slides as Tesco edges up

(Alliance News) - Stock prices in London climbed at Thursday's market open, with investors feeling hopeful ahead of US inflation data, and considering Christmas updates from grocery companies.

Read more
11 Jan 2024 08:23

TOP NEWS: Tesco ups annual guidance as celebrates Christmas trading

(Alliance News) - Tesco PLC on Thursday raised its annual guidance as it hailed trading over the Christmas period and its financial third quarter.

Read more
11 Jan 2024 07:41

LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance

(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.

Read more
11 Jan 2024 07:03

Tesco ups profit targets as sales surge over Christmas

(Sharecast News) - Shares in Tesco declined on Thursday despite the supermarket giant raising its profit guidance following a strong Christmas trading period, as the retailer faced fresh allegations of profiteering in the midst of a cost-of-living crisis.

Read more
10 Jan 2024 17:23

UK's FTSE 100 slips as Sainsbury's, insurers weigh

Sainsbury's retains profit forecast; shares drop

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.