Record festive season at Tesco

Grocery giant Tesco has reported that its fresh food sales and online deliveries gave it a strong Q3 and a record breaking peak season.

In a statement, Tesco said: “Our online grocery business had a record Christmas period, with over four million customer orders over the six weeks contributing to sales growth of 5.0%.”

The supermarket added that it handed 58m customer transactions and 770,000 online grocery deliveries in the key Christmas week. Indeed, this was Tesco’s “biggest ever sales week in the UK, driven by fresh food market outperformance of nearly 4%”.

Dave Lewis, Tesco’s Chief Executive, commented: “We have continued to outperform the market throughout this period, particularly in fresh food, thanks to our most competitive offer for many years. Our trading momentum accelerated across the third quarter and into December, with the four weeks leading up to Christmas Day delivering record sales and volumes in the UK.”