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Byline: Daniel Selwood hen it comes to food and drink, 'taste is absolutely non-essential' asserts Julian Hearn. 'You can live a perfect life with no tastebuds. That's fact.' ' It's [...]

Tesco CEO Dave Lewis declared the retailer had a 'strong' start to the year as it continued to grow ahead of the market during the first quarter, but weakening sales [...]

[ILLUSTRATION OMITTED] It speaks volumes for the market that the stellar growth of super-sugary cereals such as Coco Pops (up 9.9%), Cheerios (13.4%), Weetos (31.4%), Sugar Puffs (16.7%) and Crunchy [...]

He is modest and unassuming. But to millions of British shoppers, not to mention grocery gurus around the globe, he is the supermarket boss with the Midas touch. And he […]

Tesco seems to know no bounds. A little more than ten years ago, it was only ranked as the #3 supermarket in the UK with no overseas operations whatsoever. And [...]

Tesco's brighter future At last, better news from Britain's biggest supermarket SELDOM had a British company fallen quite so far, so fast. As recently as 2010 Tesco, the country's biggest [...]

Tesco reported a worse-than-expected pre-tax loss of ?.4 billion ($9.6 billion) for the year to February 28th, one of the biggest losses in British corporate history. The world's third-biggest supermarket [...]

Big losses from Britain's biggest retailer ONE way of trying to draw a line under a disastrous period of trading is to announce all the bad news in one go. [...]

[ILLUSTRATION OMITTED] 1. Lower like-for-like sales Tesco says it's deliberately traded down its customers with its new discounter line and higher levels of promotion. It's also more exposed than Morrisons [...]

At times like these, you don't panic: You make sure you have a long-term strategy that is robust in bad times as well as good. In the current climate, such [...]

UP MondelEz International MondelEz International has promoted Dana Anderson to senior vice-president and chief marketing officer. She has moved up from the role of senior vice-president, marketing communication and strategy, [...]

Labour and Conservative councillors in Telford agreed to hold an immediate inquiry into current and historical child sexual abuse there. Prince Harry and Meghan Markle have not invited Theresa May [...]

China opened its new Shanghai Free Trade Zone. The government has promised convertibility of the yuan and interest-rate liberalisation within the area, as it experiments with economic reforms. Some observers [...]

Hourly increase in the national minimum wage for adults, implemented this week 23.5% - Drop in half-yearly profits recorded by Tesco, the UK's biggest supermarket chain pounds 126,283 - Money [...]

Byline: Leonie Barrie A GBP1bn (US$1.6bn) investment plan launched earlier this year to help turn around its domestic business has contributed to a decline in first-half profit at Tesco Plc, [...]

Tesco posted a record pounds 1 billion in weekly sales in the run-up to the Diamond Jubilee, but its domestic sales fell in the first quarter, according to its results. [...]

Philip Clarke tries to fix Tesco's business in Britain SIR TERRY LEAHY checked out at the right moment. When the Liverpudlian quit as boss of Tesco in March 2011 after [...]

Byline: ELLIOT ZWIEBACH CHESHUNT, England - The integration of two dedicated foodservice businesses by Fresh & Easy Neighborhood Market should help the chain to reach a break-even point at 300 [...]

Byline: just-style.com Tesco Plc this morning (15 June) posted a mixed trading update, citing "good progress" despite flat sales in its overseas markets on the one hand, and stagnant growth [...]

Tesco has recorded its strongest like-for-like sales performance during the Christmas period for three years. The supermarket chain saw sales for the six weeks to 9 January 2010 rise by [...]

Tesco pharmacy has defied the recession to report large increases in prescription business and service provision. The supermarket giant's pharmacy division had a 9 per cent increase in dispensing volumes [...]

CHESHUNT, England - Tesco here said it plans to open between 60 and 70 new Fresh & Easy Neighborhood Markets this year in additional cities in the Western U.S., although [...]

Strong international sales growth helped Tesco to achieve third-quarter growth of 11.7 per cent compared to the same period the previous year. In the UK, like-for-like sales excluding petrol were [...]

Byline: just-style.com Shares in Tesco Plc climbed by over 6% this morning (2 December) despite the UK's largest retailer revealing that domestic sales growth during the last three months was [...]

Tesco has reported its slowest sales growth in almost 15 years, rising just 2% in the three months to November 22. The supermarket chain has attributed the slowdown to increased […]

LONDON -- Tesco, the U.K.-based supermarket and convenience store retailer, reported that like-for-like sales--the U.K. equivalent of same-store sales in the U.S.--rose just 2 percent in its U.K. stores in [...]

Tesco is set to create 30,000 jobs this year, it revealed in a positive set of interim results this morning. The supermarket giant reported £1.44bn in pre-tax profit for the [...]

Byline: just-style.com The boss of UK retail giant Tesco Plc today (30 September) said he believes there is aroom for recoverya in non-food sales growth as the retail giant announced [...]

Tesco has reported a steady rise in half-year profits despite a tough retail environment. The retail group's profit before tax was #1.43bn in the 26 weeks to August 23, an […]

Tesco has increased underlying annual profits by 11.8 per cent, to #2.8bn, for the year to 23 February. Sales have grown by 11.1 per cent to #51.8bn. International sales have [...]

Information technology continues to underpin growth at Tesco, the UK's largest retailer, which has a growing international presence. Chief executive Terry Leahy has reported that internet sales now contribute 4.2% […]

LONDON - The upbeat comments of Tesco management last week about the performance of Fresh & Easy Neighborhood Markets allayed the long-range concerns of some observers on both sides of [...]

Tesco has reported an 11.8% rise in annual profits to #2.8bn, meeting analysts' expectations. The results come after it emerged that high street sales fell last month for the first […]

Jim Hertel, managing partner at Willard Bishop Consulting, Barrington, Ill., offered a mixed overview of Tesco's Fresh & Easy banner. His company's research indicates customers are pleased with the Fresh [...]

SUPERVALU SHOULD SELL DISTRIBUTION: ANALYST MINNEAPOLIS - Supervalu's beleaguered stock regained some value last week after a Bank of America analyst lifted a 'sell' rating on the stock and suggested [...]

Tesco has increased its supply of Cornish new potatoes by 8% to satisfy increasing consumer demand. Branston, which supplies all of Tesco's Cornish new potatoes, has predicted it will ship [...]

Byline: just-style.com Tesco Plc, the UKas biggest supermarket group, yesterday (4 December) shrugged off fears of an economic slowdown as it reported further growth in sales, helped by a strong [...]

TESCO could have 1,000 stores in the U.S. within five years, with sales of $7 billion to $10 billion, according to James Anstead, a London-based analyst for CITI INVESTMENT RESEARCH. [...]

Byline: just-style.com Tesco has posted group a trading profit of GBP1.25bn (US$2.55bn) for the first six months of its fiscal year, up 10.1% on the year-ago period. The UK's largest [...]