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Tesco delivers strong Christmas - but boss warns of supply chain disruption


Supermarket giant Tesco said it enjoyed strong Christmas trading
14 January, 2021 14:00
TESCO said a surge in Christmas food shopping has driven strong recent sales which are expected to help offset soaring coronavirus costs.
But its boss has warned of possible supply chain disruption amid the difficulties caused by the new Irish Sea border as a result of strict EU rules when moving goods from Britain to Northern Ireland.
The supermarket giant is the latest grocer to report positive sales momentum over the Christmas period amid heightened Covid-19 restrictions.
But it now expects the pandemic to cost it £810 million this year, with the increased severity of the virus in recent months causing it to increase its previous prediction by £85 million. ....

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3Q and Christmas Trading Statement 2020/21 – International Supermarket News


Ken Murphy, Chief Executive:
“Our focus on looking after our customers, including delivering record availability, robust safety measures and great value has enabled us to maintain strong momentum through the Christmas period, outperforming the market every week.
We delivered a record Christmas across all of our formats and channels.  In response to unprecedented demand for online groceries, colleagues delivered over seven million orders containing more than 400 million individual items over the Christmas period.  We’re now supporting 786,000 vulnerable customers with priority access to online slots and, as lockdown measures continue, we’ll keep doing everything we can to ensure everyone can safely get the food and essentials they need. ....

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