Britain’s biggest supermarket chain has outlined plans to increase profit targets and is considering launching Tesco Finest stores solely for premium produce.
The ideas were outlined at Tesco’s capital markets day yesterday, its first since 2016, and were welcomed by investors, with the company’s shares rising by 8½p, or 3.7 per cent, to 235½p last night. Tesco shares are up by almost a quarter this year.
