Tesco, with profits of £2.3 billion and CEO's £10 million salary, faces criticism as 49% of British fruit and vegetable farmers fear going out of business due to unfair buying prices from supermarkets. Despite this, Tesco reports sales growth and market share increase.
U.K. supermarket Tesco says sales uptick is leading to market share gains https://t.co/wbUnMqgHZp
Tesco issues message to shoppers buying food in stores 'over summer' https://t.co/pAXxLhXQXz
Supermarket giant #Tesco has reported an increase in sales and market share as its efforts to keep prices low for customers have continued to pay off for the retailer.
⚠️ TESCO CEO: **UK CUSTOMER SENTIMENT IS IMPROVING **BASE CASE FOR REST OF YEAR IS LOW SINGLE DIGIT INFLATION IN FOOD **SHIPPING COST INCREASES NOT MATERIAL SO FAR **NOT UNDULY WORRIED BY EMPLOYMENT MEASURES IN LABOUR PARTY MANIFESTO
Tesco profits of £2.3 billion & their chief executive’s salary hit £10 million. Meanwhile, 49% British fruit & vegetable farmers say it's likely they will go out of business in the next 12 months, and many farmers blame unfair buying price payments of supermarkets. https://t.co/qPqjTzirRW