A Reinvigorated Tesco Reports A Bumper Christmas Season

Tesco plc’s run of good results continues with a strong 0.9 % revenue growth for the six-week Christmas season ended 7 January. Company boss Dave Lewis will now turn the company’s focus to his ‘Big 6’ objectives for 2017/2018. Much of this success is down to good planning and team work – one area that is showing strong improvements over the period. Some highlights of the great success Tesco had this Christmas include the opening of the Livingston distribution centre to service Scotland, bringing in an additional 15,000 staff for the holiday season, and improved customer numbers with 54% of British households shopping at Tesco during the Christmas shopping week. In a video commentary, the entire Tesco UK management team praised the company’s success at serving over 266 customers per second.

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Tesco Results 120117