Tesco shows 10.4% improvement in group sales

Supermarket giant Tesco said today it had made a good start to its new financial year, after group sales for the 13 weeks ending May 27 increased by 10.4%.

The group, which faces stronger competition from resurgent rivals Sainsbury’s and Morrisons, said the first quarter figure for its home market represented solid progress following two years of “exceptional performance”.