Tesco

Change Of Leadership Planned At Netto Polska As Tesco Transformation Begins

Discount chain Netto has announced that it plans to appoint a new chief executive for its Polish operation, as the process of transforming the recently-acq...

Tesco Concedes To Activist Shareholders On Health Targets

Supermarket group Tesco has agreed to increase healthy food options at operations in Europe as well as Britain to appease investors who had filed a landmar...

UK Grocery Sales Up 5.7% As Consumer Confidence Increases: Kantar

Take-home grocery sales in the UK rose 5.7% in the 12 weeks to 18 April, new data from Kantar has shown, with the research firm noting that consumer confid...

Tesco Full-Year Results – What The Analysts Said

Tesco has reported a 6.3% increase in group like-for-like sales, including a 7.7% sales gain in its core UK market, in its full year to 27 February. &qu...

Trading Conditions 'Meaningfully Tougher' In Central Europe, Says Tesco CEO

Trading conditions in Tesco's Central Europe division were "meaningfully tougher" over the past year, chief executive Ken Murphy has said, as the...

Tesco Reports £2bn Profit After 'Exceptionally Strong' Sales

Tesco, Britain's biggest retailer, beat its guidance by reporting total adjusted retail operating profit of £1.99 billion (€2.29 billion) after...

Irish Grocery Sales Growth Slows In The Latest 12 Weeks: Kantar

Sales growth in the Irish grocery market slowed to 8.4% year-on-year in the latest 12 weeks ended 21 March, according to the latest figures from Kantar....

British Grocery Sales Fall On Anniversary Of Start Of Pandemic

British grocery sales fell 3% year-on-year in the four weeks to 21 March as supermarkets annualised the period just before the country's first COVID-19 loc...