Tesco shrugs off supply concerns as sales surge
 

https://ichef.bbci.co.uk/news/976/cp...esco_loop3.jpg


Just on CNN HD Business
USA has some of the same Supply problems we have.


[Tesco has seen sales and profits grow faster
than expected as Britain's biggest
supermarket group shrugged off the pandemic impact.
In the six months to August, Tesco said
it "outperformed" the grocery sector,
but also flagged that the sales surge
could now start to "fall away".

But it would still mean stronger profits
growth this year than was first thought
, a Tesco statement said.
It came as rival Morrisons said it was
recruiting 3,000 staff for Christmas.

The jobs are in distribution centres and
manufacturing sites across the UK,
ranging from warehouse and production
staff to pickers and packers,
as well as other skilled roles
such as fork-lift truck drivers.
Like Morrisons, Tesco is adjusting to labour shortages
and supply chain problems in
the run-up to the key festive period.

However, chief executive Ken Murphy
said the company was
"in good shape for Christmas",
adding he believed the company's
resilience was due to its
"long-standing partnerships with suppliers".
"With various different challenges currently
affecting the industry, the resilience of
our supply chain and the depth of our
supplier partnerships has once again
been shown to be a key asset," he said.
But he told a conference call with
journalists that there would still
"be bumps in the road in the run-up to Christmas.
We're seeing our share of challenges"]

https://www.bbc.co.uk/news/business-58813624

Plenty of Christmas foods in the shops..including turkeys of every type.:shrug:

I've been to Sainsbury's tonight and some of the shelves were empty.
But I still got what I wanted. We won't starve :joker: