UK: Tesco Q1 "solid" despite weak domestic sales

By Leonie Barrie | 11 June 2012

Tesco, the UK's largest retailer, today (11 June) described its first quarter performance as "solid," despite seeing a drop in domestic like-for-like sales and subdued consumer confidence across Europe weighing on the performance of its clothing lines.

just-style articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you're already a member, login here.

Not what you were looking for?

Search just-style:

More articles related to this one

US: Cherokee Q3 profit rises on revenue growth
Global brand management business Cherokee has seen its third-quarter profits jump 98% on the back of rising revenues and lower costs.

UK: Tesco says clothing "outperforms" during Q3
UK supermarket retailer Tesco said its clothing division has continued to "outperform the market" as the company recorded a 2.4% increase in sales over the third quarter.

Viewpoint: Bangladesh factory fire highlights need for change
It is almost two years to the day since 29 people perished in a fire at a garment factory in Bangladesh - and it would appear that little has been done in the intervening period to tackle the industry's safety issues.

Market research related to this article

Tesco PLC (TSCO) - Financial and Strategic SWOT Analysis Review
Tesco Plc (Tesco) is an in-store and online retailer. The company undertakes operations of 4,811 multi-format stores including stores which are classified into six formats, differentiated by size and the range of products sold, they are, Homeplus, Su...

Tesco in the UK: Local Profile
This is a detailed report covering Tesco’s store formats, private labels, history, key employees, and key financial and operational metrics in the UK....

UK Customer Insight 2011: Tesco - Clothing
UK Customer Insights 2011 are based around individual retailers and provide a highly detailed, data-rich overview of a retailer's customers, drawing on a nationwide survey of 6,000 shoppers each year. From this report you will discover the profile of...

Tag line

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page