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Transactions at its food retailers that have been open for at least a year rose 7.3 per cent over the 28 weeks to July 25th, the firm said, with its newly relaunched Simply Value range proving popular with consumers.
Sales of these products jumped by almost 80 per cent year-on-year, while its Fairtrade range climbed 35 per cent over the same period.
Tesco, which is listed on the FTSE 100 stock market, reported a rise in sales last week but chief executive of the Co-operative Group Peter Marks stated it was still cautious about the future of the retail sector.
"We expect the economy to remain challenging with continued increases in unemployment and no immediate signs of a recovery in consumer spending," he remarked.
