Tesco has broken the £1bn barrier for sales of locally sourced products.

The milestone means the UK’s largest supermarket has now hit a target set in 2006, when it first set up regional buying offices.

Chief executive Philip Clarke said the achievement showed “what a powerful force for good Tesco’s skill and scale can be”. He pledged that the local drive “won’t stop here”.

The news comes after Tesco this week unveiled total sales of £67.57bn for the year as a whole. UK sales were down 0.7% in the final quarter.

Read more
Daily Bread: Candid Clarke, Mk II (19 April 2011)
Clarke concedes ‘We must do better’ as Tesco falters in fourth quarter (19 April 2011)