Growth of online grocery sales slows in UK
Relentless growth of UK berry sector
Tesco pays out £315 million in dividends to shareholders as sales boom
© Réussir Fruits et Légumes
UK retailer Tesco has posted a 29% rise in pre-tax profits to £551 million, with sales totalling £26.7 billion. Tesco reported a 4% increase in operating profits to £1.2 billion in the six months to 29th August, as booming food sales coupled with the tax break offset a £533 million bill for extra staff and safety measures in its stores.
Asia drives continued rise in global demand for pineapple
Worldwide demand for pineapples continued to increase between 2009 and 2016 and is the fastest growing fruit for the UK’s largest retailer, Tesco. According to market researcher IndexBox, the international wholesale market for the tropical fruit reached US$14.9 billion in 2016. Since 2009, the pineapple market has seen an average annual growth of 3.3%, although in 2017, this growth slowed somewhat.