Tesco Turnaround Gains Pace as Lewis Calms Grocer’s Doubters

  • Sales increase marks another step in CEO’s turnaround efforts
  • Harris & Hoole coffee-shop chain to be bought by Caffe Nero

Tesco Plc reported a second straight quarter of U.K. sales growth, the first time it’s done so in five years, and raised the possibility of resuming dividends as new ranges of cheaper fresh foods proved a hit with customers.

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