Tesco holds up against tough comparatives

02:37am, Friday, 18'th Jun 2021
Tesco PLC (LON:TSCO) kept guidance unchanged after posting a small rise in quarterly sales compared to last year, when it was up against a huge surge in demand during the first COVID-19 lockdown. Trad
Tesco, Britain's biggest retailer, reported a sharp slowdown in underlying UK sales growth in its first quarter, reflecting a tough comparison with the same quarter last year when the country was in t
The coming week will see results and updates from a number of major firms including supermarket giant Tesco, online fashion titan Boohoo and Premier Inn owner Whitbread. Meanwhile, there will also be

Capita extends Tesco Mobile contract

04:52am, Thursday, 10'th Jun 2021
Capita PLC (LON:CPI) has renewed its call centre and customer handling contract with Tesco Mobile for three years in a deal worth £57.6mln that will see much of the work automated. The outsource
French supermarket group Carrefour and its British peer Tesco said on Monday they would not extend a purchasing alliance between the two companies.

Victory for Tesco workers in equal pay dispute

04:51am, Thursday, 03'rd Jun 2021
Thousands of current and former employees of UK supermarket Tesco won their fight for equal pay on Thursday in a judgment from Europe's top court that could affect other retailers.
Under pressure from shareholders, Tesco Group PLC (LON:TSCO) has set targets to increase the sale of healthier food and drinks across its group operations. After a shareholder resolution was filed ahe
Tesco will become the first U.K. retailer to offer sustainability-linked supply chain finance to its supply base, a press release announced on Friday (April 30). The move aims to engender more supplie
Tesco PLC (LON:TSCO), J Sainsbury PLC (LON:SBRY) and Ocado Group PLC (LON:OCDO) all face risks from the added competition coming from a new generation of on-demand grocery startups, Credit Suisse has
Supermarket Income REIT PLC (LON:SUPR) acquired a Tesco-occupied supermarket in Colchester, Essex from the Standard Life Investments Long Lease Fund for £63mln. Excluding acquisition costs, the purc
Supermarket Income REIT PLC (LON:SUPR) has acquired a Tesco-occupied supermarket in Colchester, Essex from the Standard Life Investments Long Lease Fund for £63mln. Excluding acquisition costs, the
The pandemic has seen many supermarkets temporarily emptied of toilet paper, alongside a boost in grocery shopping as customers' work-from-home patterns have persisted. As the pandemic slowly subsides
Tesco plc (LON: TSCO) said on Wednesday that its profit before tax posted a decline in fiscal 2021, attributed to the increased costs due to the ongoing COVID-19 crisis. The company, however, expresse
Tesco PLC's (LON;TSCO) annual profits tumbled 20% as the extra costs outweighed a surge in sales sparked by the Coronavirus (COVID-19) lockdown. Revenues in the year to March jumped 7% to £53.4bn n
Tesco PLC's (LON;TSCO) annual profits tumbled 20% as the extra costs outweighed a surge in sales sparked by the coronavirus lockdown. Revenues in the year to March jumped by 7% to £53.4bn not includ
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