Tesco sees non-food sales rise

But growth is slowing down as electricals and software struggle
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Tesco's has reported a 2.5 per cent year-on-year rise in non-food sales, including PCs and other electronics, for the first half of 2010.

The supermarket giant made £4.4bn in non-food for the 26 weeks ending August 28th, 2010. However, the firm says growth in non-food is slowing because the 'important' electrical and entertainment categories struggled during the second quarter.

Tesco's overall group sales are 15 per cent up, with net profit at £1.18 billion compared to the £1.03 billion made during H1 2009.

The gains were led by a 30 per cent increase in profit in Asia, while in Britain the increase was just 5.5 per cent.

"The global economic headwinds of the last two years are being replaced by the tailwinds of recovery in most of our markets and this is helping our International businesses to resume strong sales and profit momentum," said CEO Terry Leahy.

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