Tesco PLC (LSE:TSCO) and Kingfisher PLC (LSE:KGF) have been upgraded by Jefferies as falling energy prices are likely to be beneficial to the UK retail sector in more ways than one. The ongoing defla

Report: Tesco PLC could sell its banking arm

12:25pm, Monday, 20'th Feb 2023
Tesco PLC (LON: TSCO) is in focus this morning after a report said over the weekend that the multinational could sell its financial services arm. Tesco Bank is worth over £1.

Tesco to raise staff prices by 7%

11:22am, Monday, 20'th Feb 2023
Tesco PLC (LSE:TSCO) has agreed to increase its hourly pay in a move it says is to help its staff battle the cost-of-living crisis. The hourly base salary is set to increase by 72p to £11.02, with wo

Tesco 'executing well' says broker

09:35am, Monday, 20'th Feb 2023
Tesco is “executing well” ahead of the group's preliminary results released in April, according to Shore Capital, which held its hold rating on the stock. Specifically, Tesco is showing good capit

Britain's Tesco raises store workers pay by 7%

08:22am, Monday, 20'th Feb 2023
Tesco , Britain's biggest retailer, will raise the hourly pay rate for store workers by 7% from April, it said on Monday.

Tesco could sell banking arm according to Sky

02:53am, Monday, 20'th Feb 2023
Tesco PLC (LSE:TSCO), Britain's biggest supermarket chain, is to kick off a review of its presence in the UK banking sector - a move that could lead to a sale of Tesco Bank, according to a report. Sk
Supermarket giant Tesco PLC (LSE:TSCO) and German-owned discount chain Lidl GB Ltd have begun a High Court fight over the use of a yellow circle logo, according to news reports. Lidl is claiming that
Tesco PLC (LSE:TSCO) will close most of its hot food and deli counters once and for all in a reshuffle that threatens some 2,100 jobs. In a statement, the grocery giant suggested the counters were no
As inflation continues to push up grocery bills, British supermarket chain Tesco has warned that some food producers may be taking advantage of the situation.
Tesco chairman John Allan has become embroiled in an angry row with food producer groups after suggesting they were responsible for soaring prices at the supermarket. On Sunday, Allan said it was “e
TSCDY vs. WMT: Which Stock Is the Better Value Option?

Recession or Not, Should You Buy Supermarkets?

04:33pm, Thursday, 12'th Jan 2023
Some of these retail stocks could be worth betting on now.
Tesco PLC (LSE:TSCO)'s trading statement was deemed as “sound” by broker Shore Capital which has left its profit forecasts for the fiscal year 2023 unchanged. But the current UK macroeconomic outl
Tesco PLC (LSE:TSCO), the UK's biggest food retailer, held its full-year profit guidance as it followed rival J Sainsbury PLC (LSE:SBRY) in reporting strong Christmas sales despite the ongoing cost of
By Michael Susin
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