All posts tagged Tesco

Tesco continue to struggle

Tesco shelves plans for new outlets and announces closure of 43 unprofitable UK stores

Despite an improvement in its Christmas sales figures, supermarket giant Tesco is planning to close some of its UK stores and is also postponing plans to open 49 new “very large” stores, the BBC business news service reported on Thursday. Tesco’s overall […]

Continue Reading...
Supermarket shopping

Big four supermarket chains lose market share to Aldi, Lidl and Waitrose

The 'big four' UK supermarket chains, Tesco, Asda, Sainsbury's and Morrisons, have seen a decrease in market share according to the latest grocery share figures from

Tesco continue to struggle

Tesco agrees to sell US arm to investment group Yucaipa

UK retailer Tesco Plc (LON:TSCO) said it had agreed to sell US grocery arm Fresh & Easy Neighborhood Market Inc to YFE Holdings Inc, part of investment firm


Tesco to pull out of US market

UK supermarket group Tesco plc (LSE:TSCO) is to exit from the United States, the company announced today. The Fresh & Easy venture was launched in Nevada, California and Arizona

Grocery shopping online

Morrisons announces plans for online launch

UK supermarket chain Morrisons (LSE:MRW) announced today that it will start selling groceries online by the end of January 2014 in an effort to catch up with its

Tesco continue to struggle

Tesco pays £49m for acquisition of Giraffe chain

UK retailer Tesco Plc (LON:TSCO) said on Wednesday it had taken over restaurant chain operator Giraffe Concepts Ltd for £48.6m ($72.7m/€55.9m). The company has acquired the stakes held by


Tesco’s Turkish unit in talks to acquire a controlling stake in local grocer Uyum Gida

Tesco Kipa Kitle Pazarlama Ticaret ve Gida Sanayi AS (IST:KIPA), the Turkish subsidiary of British retailer Tesco Plc (LON:TSCO), is in preliminary discussions about buying a majority stake

Tesco continue to struggle

Supermarket giant Tesco acquires digital book solution Mobcast

British retailer Tesco Plc (LON:TSCO) announced on Tuesday that it had acquired digital book platform provider Mobcast. It did not give details on the purchase price. According to Reuters,

Gatwick Airport on a rainy afternoon

Tesco unveils virtual supermarket at Gatwick Airport

UK-based supermarket chain Tesco plc (LSE:TSCO) has opened a "virtual grocery store" in a two-week trial at London's Gatwick Airport. The company said today that the new store would

Downtown Tokyo at night

Tesco to exit Japan via two-stage sale to domestic player Aeon

British retailer Tesco Plc (LON:TSCO) said on Monday it would sell 50% in its Japanese business to domestic sector player Aeon Co Ltd (TYO:8267) as part of a

Powered by WordPress