In Society

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Tesco said that most of the food will need to bought in-store in the middle of the Corona-Virus-pandemic.

The supermarket giant said it was able to cope with the demand to stay as more and more buyers At Home , despite the fact, it increases his online shop capacity to More Than 20%.

He Said in The First few weeks of The Virus , there were "significant panic-buying" with a sales increase of almost a third.

Tesco said, had now abated with food "back to normal".

"Between 85% and 90% of all food purchased will require a visit to a store, and here significant changes to the Shop environment chief executive Dave Lewis have been implemented to maximise the safety for colleagues and customers," said.

Mr Lewis said that during the peak week of storage, Tesco sold:

In contrast, He Said , sales of clothing and fuel, fell both to 70%.

The Chain said it would continue to try to "prioritize to-door delivery for The Most vulnerable In Society ".

Mr Lewis said that Tesco is working normally 660,000-house-delivery slots, but it now runs around 805,000.

He Said that on the evening of Friday, the government of Tesco gave a list of 110,000 names of people, they are considered to be vulnerable. The supermarket has people with these and offered them slots.

The Declaration came as The Chain reported a sharp decline in the profit before tax for the Year to The End of February, down almost 19% to £1. 3 billion, primarily due to restructuring costs in Europe.

The Chain also said it was impossible, the revenue forecast for the Year 2020 due to the Corona Virus pandemic.

Tesco said that The Virus could add almost £1 billion in additional costs due to additional personnel and store costs. He Said it had already experienced a "significant absence" of employees in the midst of The Virus and had to cope with More Than 45,000 new employees in the last Two Weeks , is the increased demand.

Mr. Lewis said, around 50,000 colleagues missing, from More Than 320,000 employees.

The supermarket has also agreed to a dividend of 6. 5p to the shareholders, based on its last fiscal Year .

Tesco to do is to ask those who come in the Shop, so that

This drew some criticism, such as the food retailer, is benefiting from a business rates holiday in the amount of £585m, while record sales during coronavirus-crisis.

Tesco also intends to pay a dividend for the current fiscal Year , although at a Lower Level .

The supermarket giant reported consolidated turnover increases by 1. 3% to £64. 8bn.

Like-for-like sales, which strip out the income from the new shops in the course of the Year to February fell 0. 6%. The same-store-sales in the UK fell by 0. 6%.

Russ Mould , investment director of Aj Bell , told The Bbc 's Today programme: "Some People will wonder, if [pay] is appropriate" in The Moment .

"benefit If they are seen, by emergency measures, such as state aid or furloughing scheme, the companies need to be very careful in terms of the perception of the right now. "

"But it is not a very simple question, there might be some employees, the investors, the offers on those dividends," he added.

removal of restrictions

All the big supermarkets have to keep limited markets customers to purchase a fixed number of individual elements, the shelves full in the midst of stocking.

supermarkets have been super in the last couple of weeks. The stocking and the knock-on effects of pubs, restaurants and cafes, have seen in lockdown to an unprecedented increase in sales.

But sales bonanza in the feeding of The Nation , come significant costs.

Tesco says that the full financial impact is impossible to predict, but she expects that it could mean that almost £1 billion in additional costs. A lot of it is about staffing, including the invoice for the rental of 45,000 employees to cope with the growing demand and to cover staff who are sick.

Tesco thinks that if the customers behavior is back to normal by The End of the summer, these additional costs were offset by higher food sales and the £585m, it will save non-payment of business rates by the tax relief introduced by the government last month.

However, Tesco and other retailers such as Aldi, Morrisons, Asda and Sainsbury's have, since you removed the borders and changed others.

Tesco now operates a three-item limit on your most popular items, such as pasta, toilet paper and hand sanitizer.

retailing, coronavirus pandemic, stockpiling, supermarkets, tesco

Source of news: bbc.com