Easing inflation has also helped sales volumes with Tesco continuing to be the cheapest of the major grocers
Tesco said shoppers are spending more in stores and online as food price inflation eases, with its market share growing the most in two years.
Tesco said it’s gaining market share by attracting customers from rivals including Marks & Spencer and Waitrose, along with matching prices with discounter Aldi. “Our sense is that there is a gentle ongoing improvement in customer sentiment,” he said on a call with journalists. Sales at Tesco’s wholesale business Booker, which supplies food to restaurants, convenience retailers and catering companies, fell 1.3 per cent partly due to falling sales of tobacco.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesco Ireland urgently recalls own-brand product as it 'may contain glass'A recall notice has been issued for a specific batch of Tesco Sandwich Pickle due to potential glass contamination. The Food Safety Authority of Ireland has advised customers advised not to consume it.
Read more »
Dunnes Stores, Tesco & more issue recall of breakfast cereal due to choking riskThe Food Safety Authority of Ireland has issued a recall for a popular food sold in multiple supermarkets due to a manufacturing error that has led to a choking or dental damage risk
Read more »
Dunnes Stores, Tesco and more issue food alert as bread rolls could be 'unsafe'Due to a packing error, sesame seeds were not declared in the ingredients on the popular McCloskey's Crusty Rolls - which makes it unsafe to consume for some people
Read more »
June Bank Holiday: Opening hours for Tesco, Dunnes, Aldi, Lidl and SupervaluIf you're looking to stock up on some treats over the Bank Holiday weekend, don't worry - as all the major supermarkets will be available for all your needs throughout the weekend
Read more »
European shares gain as easing US data fuels rate-cut talkEuropean automakers such Volkswagen and BMW slipped around 1 per cent after European Commission said it would impose duties on imported Chinese electric vehicles
Read more »
Air fare increases easing, says Ryanair, as airline reports €1.9bn profitIrish airline pledges €700m shareholder return as profit after tax climbs 34% and revenue surges 25%
Read more »