Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Tesco leads UK supermarkets with 28.4% share, up year-on-year, despite profit warnings due to rising costs.
Tesco remains the UK’s top supermarket with a 28.4% market share, up from the previous year, according to Worldpanel by Numerator, as rivals Sainsbury’s and Asda lost ground.
The company saw a 4.6% rise in group sales, driven by strong demand for own-brand and premium products, while its shares hit a more than ten-year high.
Despite intense price competition, particularly from Asda’s recent cuts, Tesco continues to outperform, though it now expects to earn up to £400 million less in profit due to rising costs like wages, national insurance, and food prices.
Retailers, including Tesco, are urging the government to limit additional tax increases amid persistent food inflation, as investors await the company’s half-year results for further insight.
Tesco lidera los supermercados del Reino Unido con un 28,4% de participación, un aumento interanual, a pesar de las advertencias de ganancias debido al aumento de los costos.