Tesco faces criticism after boss's pay doubles
Tesco PLC (LSE:TSCO) is facing criticism after the pay of boss Ken Murphy doubled to £10 million last year, coming in around 431 times that of the average supermarket worker. Corporate governance t...
Tesco climbs as share buyback gets underway
Tesco PLC (LSE:TSCO) shares climbed as it launched the first tranche of the £1 billion share buyback it promised at its results earlier this month. This will involve Citigroup buying back a £450 m...
Tesco redesigns Clubcard logo after Lidl legal defeat
Tesco PLC (LSE:TSCO) has redesigned its Clubcard Prices logo on the back of a legal battle with Lidl over the design. Some eight million logos will have to be changed in stores under the move, cost...
Cash-rich Tesco's results lauded by City analysts
Tesco PLC (LSE:TSCO)'s full-year results were roundly applauded by City brokers today, with analysts from Jefferies, Barclays, and interactive investor highlighting the supermarket chain's resilien...
Tesco Shares Rise As Easing Inflation Boosts FY Sales
Shares in Tesco edged higher on Wednesday as it announced reduced inflationary pressures boosted sales in the last financial year.
Tesco, UK Largest Grocer, Forecasts Profit Increase
Tesco said retail profit will likely rise this year as easing cost pressures allow the supermarket chain to cut prices. Britain's largest grocer expects to generate at least £2.8 billion ($3.5 bill...
Cheerful Tesco sales point to easing inflationary pressures
Tesco PLC (LSE:TSCO) attributed buoyant sales volume growth across the UK and Ireland to an easing off of inflationary pressure in today's preliminary results. Group sales (excluding VAT and fuel) ...
Tesco and US inflation read to dominate tomorrow
It's all about Tesco in the morning after which attention switches to the latest US inflation number.
Grocery giants including Tesco, Woolworths team up to launch $125 million VC fund
Global supermarket chains including Tesco , Australia's Woolworths Group and Africa's biggest grocery retailer Shoprite have teamed up to launch a $125 million venture capital fund to accelerate re...
Tesco to publish decent numbers predicts UBS
Tesco should produce decent numbers when it reports on Wednesday, according to the analysts at Swiss Bank UBS. Highlighting three areas, UBS is a buyer and expects to see resilient demand as indust...
Ex-Tesco man to take over at John Lewis
John Lewis has appointed the former head of Tesco's UK business as its next boss. Jason Tarry takes over as chair of the employee-owned retailer in September when Sharon White steps down.
UK's John Lewis Partnership names ex-Tesco exec Tarry as next chairman
British retailer John Lewis Partnership said on Monday it had appointed former Tesco executive Jason Tarry as its next chairman following Sharon White's decision to step down from the role.
TSCDY vs. WMMVY: Which Stock Should Value Investors Buy Now?
Investors with an interest in Retail - Supermarkets stocks have likely encountered both Tesco PLC (TSCDY) and Wal-Mart de Mexico SAB de CV (WMMVY). But which of these two companies is the best opti...
Supermarket REIT ‘walking the talk' with Tesco acquisition, says Shore Cap
Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) is “walking the talk” with its latest Tesco acquisition, reckon analysts at Shore Capital Markets. The London-listed investment trust bought the 54...
Tesco loses appeal over Lidl trademark infringement
Tesco PLC (LSE:TSCO) has lost its appeal against a ruling which said its Clubcard logo had infringed on a trademark owned by rival Lidl. The UK's largest supermarket used a yellow circle behind a ...
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