Home Bargains in the UK is expanding its store presence as profits increase. Tesco plans to repurchase £1 billion of shares due to expected profit growth. The owner of Home Bargains aims to reach 1,000 stores after a profit surge. The UK's largest supermarket reports a profit rise of over £300 million and intends to buy back £1 billion in shares amid reduced inflation in the grocery sector.
Britain’s biggest supermarket chain has said that inflation in the grocery sector has “lessened substantially” as it posted higher profits and announced plans to buy back £1bn of shares ⬇️ https://t.co/QNTVkSmqac
Profits up more than £300m at UK's largest supermarket https://t.co/vJ782zYzh7
🇬🇧 Home Bargains owner targets 1,000 stores after profit boost https://t.co/AbgvSAmvUK
Tesco plans to buy back £1 billion of shares over the next 12 months amid expectations for rising profits https://t.co/hrPbFHApxW
🇬🇧 Home Bargains pushes ahead with store expansion plans as profits rise https://t.co/Zx25khYelA