Tesco Lifts Guidance on Higher Sales Volumes -- 2nd Update
Tesco has been expanding its share of the U.K. market, which currently stands at 27.8% followed by Sainsbury's and Asda with 15.2% and 13.8% respectively, according to the latest Kantar data. The company's market-share gains in the U.K. and Ireland show its momentum heading into the key Christmas season, Tesco Chief Executive Ken Murphy said.