Tesco online sales soar by 77% but profits tumbled with coronavirus costs
Tesco has revealed that its profits fell by 20 per cent over the past year after coronavirus costs of almost £900 million offset surging sales. The supermarket giant today announced that pre-tax profits slid to £825 million for the 12 months to February, compared with £1.03 billion the previous year. It said profits were weighed … Read more