Summary
SIGNS that consumers are focusing their spending on "essentials" such as food and petrol and cold-shouldering "big-ticket" goods such as furniture and electrical goods came yesterday from Tesco.
Chief executive Sir Terry Leahy said: "Although food category performance has been good, our rate of growth in non-food has eased as consumers have become more cautious with their spending during recent months."See the full content of this document
Extract
Frugal Shoppers Leave Tesco 'Less Upbeat'
Andy Higginson, finance director at Britain's biggest supermarket group, said: "Everyone is aware that the...
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