Analysts are expecting Tesco to report like-for-like sales growth of between 4.5% and 6% when it updates the City on Christmas trading tomorrow (Tuesday).
Much of the growth is expected to come from non-food, with analysts especially keen to find out how its non-food venture Tesco Direct, launched in September, has fared.
Meanwhile, troubled food manufacturer Northern Foods will also provide an update tomorrow. In November it sold a number of its businesses to Vision Capital for £160m.
Much of the growth is expected to come from non-food, with analysts especially keen to find out how its non-food venture Tesco Direct, launched in September, has fared.
Meanwhile, troubled food manufacturer Northern Foods will also provide an update tomorrow. In November it sold a number of its businesses to Vision Capital for £160m.
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