Tesco showing tentative signs of recovery in UK

The UK sales decline at Tesco has slowed for the fourth month in a row, industry data showed yesterday, adding to evidence that Britain’s biggest supermarket group is gradually recovering.

Sales, profit, and asset values at Tesco have been hit by shifts in shopping habits and the rise of German discounters Aldi and Lidl.

Chief executive Dave Lewis, who joined in September 2014, is trying to revive Tesco with a focus on lower prices, improvements to product availability, and customer service, along with better relationships with suppliers.