Tesco

Signs of recovery for Tesco apparent claims research

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By The Drum Team, Editorial

September 11, 2012 | 1 min read

Tesco could be on the road to recovery as it follows its recently initiated plan, research conducted by Kantar Worldpanel has found.

The supermarket chain, which issued a profit warning in January following a disappointing Christmas, has seen its share of the grocery market decrease by 0.1 percent to 30.8 percent during the third quarter of the year, in comparison with last year.

Edward Garner , director of Kantar Worldpanel described the decrease as ‘relatively small’ in comparison with the rest of the year, according to Reuters.

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