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Store joy as Tesco sales into the lead.



Byline: COLIN CALDER

TESCO TESCO Tribal Electric Supply Company (Pakistan)
TESCO T.E. Stockwell and Albert Cohen (founders of UK shopping chain)
TESCO Tokyo Executive Search Company, Ltd.
 has officially become Scotland's top supermarket operator - beating arch rival Safeway in the sales charts.

Tesco claimed it had narrowly overtaken Safeway for the first time on sales in November.

Now new industry figures for 2001 - to be published this morning - show Tesco took most at the tills during the last 12 months. As a result Safeway has lost the No1 position it held for the last decade.

The new league table will spark spark, in electricity: see arc.

(language) SPARK - An annotated subset of Ada supported by tools supplied by Praxis Critical Systems (originally by PVL).

http://sparkada.com.
 a fresh round of cut-throat trolley trolley: see streetcar.  wars in Scotland as the rivals battle for a bigger share of the pounds 9billion a year grocery market.

Official figures show Tesco took a 20.7 per cent market share during 2001 - nearly one per cent ahead of Safeway which has slipped back to 19.8 per cent. Asda is lagging Lagging

Strategy used by a firm to stall payments, normally in response to exchange rate projections.
 behind on 17.2 per cent.

Tesco pledged to "fight hard" to hold on to its lead.

Stores director Paul Ritchie Paul Ritchie may refer to:
  • Paul Ritchie (footballer born 1969)
  • Paul Ritchie (footballer born 1975)
  • Paul Ritchie (artist born 1948)
 said: "The increased commitment to our Scottish shoppers in our 74 stores over the past months has clearly paid off."

But Safeway - currently in the middle of a pounds 100million expansion of their 114-strong Scottish store network - promised to give Tesco "a huge fight".

And a spokeswoman said: "Scotland is a vitally important market for us, accounting for a fifth of all sales across the UK, worth pounds 1.8 billion a year.

"We are not going to make it easy for our rivals."

The Scottish Grocery Federation said shoppers should benefit from price cuts in the store wars.

A spokesman said: "Supermarkets are huge money making machines and the pressure to cut prices to win market share can only intensify in·ten·si·fy  
v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies

v.tr.
1. To make intense or more intense:
."
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Publication:Daily Record (Glasgow, Scotland)
Date:Jan 21, 2002
Words:278
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