All posts tagged Tesco

Tesco

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 in 2007 but has consistently made a loss in recent years …

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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

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

Tesco

Tesco sales down again in UK market

UK-based supermarket retailer Tesco plc (LSE:TSCO) announced today a further decrease in quarterly sales in its home market. The retail giant said that like-for-like sales in the UK, excluding

Tesco's profit slide in home market

Supermarket giant Tesco reports declining profits in home market

UK-based supermarket retailer Tesco plc (LSE:TSCO) announced today an increase in group profit for the year to 25 February 2012 but a decrease in profit generated in its

Tesco's profit slide in home market

Tesco loses market share to rival Asda

Tesco continue to struggle after yesterday it was revealed that it had lost its market share to Asda.  The supermarket giant’s share of the UK grocery market has shrunk

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