Tesco beaten in ‘fire and rehire' Supreme Court case
Tesco PLC (LSE:TSCO) has lost a legal case in the UK's Supreme Court over laying off staff at certain distribution centres and then rehiring them on lower pay. Five justices unanimously agreed Tesc...
Tesco loses UK legal battle over 'fire and rehire' of staff
Tesco was not entitled to terminate some employees' contracts and offer to rehire them on less favourable terms, the United Kingdom's Supreme Court ruled on Thursday.
Tesco share price is beating Walmart, Kroger, and Target
Tesco (LON: TSCO) share price is firing on all cylinders and beating other retail juggernauts like Target, Walmart, and Kroger. It has jumped by over 140% in the last five years while the three hav...
What Makes Tesco PLC (TSCDY) a Strong Momentum Stock: Buy Now?
Does Tesco PLC (TSCDY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Tesco, Boots and Sainsbury's 'need regulatory guidance' over loyalty discounts
Major UK retailers are often misleading customers over how good the deals are on their loyalty card schemes, according to an investigation by consumer group Which? Supermarket and chemist chains fr...
Mercy for Animals Secures Landmark Commitment for Shrimp Welfare From Tesco
Mercy For Animals secures Tesco's landmark commitment for shrimp welfare, benefiting 5 billion shrimp annually. MFA urges more retailers to follow suit.
Tesco and Ocado impress as Euros boost supermarket sales, inflation falls further
Boosted by booze and snacking for the Euros football viewers, UK supermarket sales picked up in the past month, while grocery inflation fell to its lowest since September 2021. Supermarket price i...
Tesco employees to share £30m windfall from share scheme
Over 20,000 Tesco PLC (LSE:TSCO) workers will share £30 million from the supermarket's share schemes. Tesco stated that an employee who invested an average of £68 monthly over five years would see ...
Tesco: Euros And Olympics Should Accelerate Revenues
Tesco PLC maintains flat profit guidance for next year, focusing on sales funneling into Finest for positive mix effect and hoping for some sales acceleration. Revenue acceleration expected in comi...
Tesco staff to split £30 million pot in share scheme
Some 20,000 Tesco PLC (LSE:TSCO) workers are set to split a bonus of £30 million, using funds which have been generated through the supermarket's share scheme. An employee who has invested the typi...
Tesco and Sainsbury seeing pressure from improving Morrisons, says US bank
Tesco and Sainsbury are coming under pressure from a resurgent Morrisons, according to an analysis of the grocery sector's latest numbers by JP Morgan. Morrisons' improving shape is driven by bette...
Tesco shares pop as analysts praise 'exceptional' performance
Tesco PLC (LSE:TSCO) shares have jumped more than 2% on the back of its first-quarter results, making it one of the FTSE 100's top risers today. Markets welcomed the group's ability to post anothe...
Tesco flexes market share and volume growth despite weaker wholesale business
Tesco PLC (LSE:TSCO) said it underwent a fourth consecutive quarter of market share gains in the first three months of the financial year, helped by growing volumes, despite mixed sales in the peri...
Tesco recalls chocolate bars over allergy risk
Tesco PLC (LSE:TSCO) has been forced to recall chocolate bars which may contain peanuts as the allergy risk was not declared on the label. An urgent health safety warning was issued by the country...
Tesco recalls product as it may contain glass
Tesco PLC (LSE:TSCO) shares have slipped more than 1.5% today after it went ex-dividend, however, a share price slide may be the least of management's worries. The UK's largest supermarket has been...
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