David Gray (@d_gray5) 's Twitter Profile
David Gray

@d_gray5

Senior Analyst specialising in UK, Western European & Australian retail. All views my own.

ID: 111309614

calendar_today04-02-2010 13:43:14

718 Tweet

531 Takipçi

295 Takip Edilen

Rob Gregory (@robgreg76) 's Twitter Profile Photo

Tesco states that the 7 'farm' brands launched earlier this year led to a sales volume growth outperformance in produce and meat of 6%.

David Gray (@d_gray5) 's Twitter Profile Photo

Tesco UK like-for-likes strengthen rising 0.9% in Q2, up from 0.3% in Q1. Figures definitely moving in the right direction.

David Gray (@d_gray5) 's Twitter Profile Photo

Tesco's is a volume-led recovery with UK volumes up 2.1% and transactions up 0.3%. Tesco has done a good job getting customers to buy more

David Gray (@d_gray5) 's Twitter Profile Photo

Tesco shares ambition to achieve 3.5/4% operating margin by 2019/20. Good progress considering margins were sub 1% when Lewis came onboard

David Gray (@d_gray5) 's Twitter Profile Photo

Rate of online grocery growth in the UK moderates at Tesco due to changes implemented to improve the sustainability of the offer.

David Gray (@d_gray5) 's Twitter Profile Photo

Tesco international saw a decent result though profits down due to pressure in CEE - might be more work there to close unprofitable stores.

David Gray (@d_gray5) 's Twitter Profile Photo

Like-for-like sales in Central Europe slow somewhat due to the competitive environment. Maybe scope for more store closures.

David Gray (@d_gray5) 's Twitter Profile Photo

See how flexibility in terms of format strategy will be crucial for European food retailers - planetretail.net/NewsAndInsight…

David Gray (@d_gray5) 's Twitter Profile Photo

Some changes at Tesco's leadership team today - Tony Hoggett becomes CEO Asia, Matt Simister - CEO Central Europe. Best of luck to them both