Tesco

Tesco's Central Europe Property Director Departs Role

The head of Tesco's real estate business in Central and Eastern Europe, Piotr Korek, has stepped down from his role, which raises debate about the future p...

CMA To Conduct 'In-Depth Investigation' Of Tesco-Booker Merger

The UK’s Competition and Markets Authority (CMA) has said that it is referring the proposed Tesco-Booker merger for an ‘in-depth, Phase 2 inves...

Tesco Chairman Favourite To Be Named Next CBI President

Tesco chairman John Allan is set to become the next president of the Confederation of British Industry (CBI), reports the Financial Times. The CBI annou...

Tesco Launches New Contactless Clubcard

UK retailer Tesco has announced that it is improving many of the features of its Clubcard, to make it easier for customers and employees. This includes the...

Tesco Bank Chief Executive Higgins To Retire Next Year

Tesco Bank, the lending arm of the UK’s biggest grocer, said chief executive officer Benny Higgins plans to retire next year after almost 10 years in...

Booker Group Sees Like-For-Like Sales Up 4.2% In Q1

To coincide with its AGM, Tesco target Booker Group has posted a 4.2% increase in like-for-like sales in the first quarter of its financial year. The gr...

Tesco, Booker Call For Fast Track Competition Investigation

Retail giant Tesco could be facing a full investigation over its £3.7 billion takeover of Booker by the UK's competition authorities. Earlier this...

Tesco 'Won't Be The Last' Retailer To Cut Jobs: Euromonitor

Market research provider Euromonitor International has said that Tesco's recent job cuts are a result of the increased pressures facing the UK's grocery re...