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Tesco has announced record pre-tax profit of £2.6bn in the year to 24 February.
It plans to open 560 stores in the next 12 months. In the past year it opened 30 hypermarkets and 85 Express stores, over 2 million ft2.
Strong preliminary results from retailer with plans to build 11.5m sq ft of new supermarket space this year
Source close to supermarket chain cites performance issues as contractor 'works to regain position'
Complex will be built at former factory in Essex town
Importance of industry to governments will help it survive further lockdowns, firm adds
IT and finance the most optimistic professions
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