Tesco hits 4-year high after Booker sales lift

TESCO shares hit a four-year high as it rang up its tenth straight quarter of improving sales, yesterday. Britain’s biggest supermarket reaped rewards from its £3.7billion acquisition of wholesaler Booker Group, cutting food prices and relaunching own brand products as group turnover in stores open at least a year grew 1.8 per cent in the 13 weeks to May 26.
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