Tesco

Tesco Recovery ‘Very Much Under Way’, Bernstein Research Says

Tesco is set to post interim results next month that will indicate “an overwhelmingly positive message of trading improvements”, according to m...

Tesco Donates Over Two Million Breakfasts To Childrens' Clubs

British supermarket chain Tesco has revealed that it has donated over two million breakfasts to children at Magic Breakfast clubs during the school year 20...

Tesco Must Protect Market Share From The Discounters - Euromonitor

In the week that Tesco announced plans to sell Homeplus, Philip Benton, research analyst at Euromonitor International, says that while Homeplus in South K...

Tesco Looking To Offload Central And Eastern Europe Business: Reports

Tesco Plc, which announced the sale of its South Korean business on Monday, is also considering divesting its Central and Eastern European operations to fu...

Tesco to Sell Korean Unit to MBK-Led Group for $6.1 Billion

Tesco Plc has agreed to sell its South Korean business to a group led by private-equity firm MBK Partners Ltd. for £4 billion ($6.1 billion), the U.K...

MBK Partners Said To Be Near $6-Billion Tesco Korea Acquisition

A group led by MBK Partners is nearing an agreement to buy Tesco’s South Korean business for about $6 billion including debt, in what could be the co...

Tesco Unveils ‘Try Before You Buy’ Private-Label Offering

Tesco UK has on a trial basis implemented what it has dubbed the Tesco 'Try Before You Buy' private-label food offering, which allows shoppers to sample Te...

Former Tesco CEO Clarke Said to Face Questioning by Prosecutors

Former Tesco Chief Executive Officer Philip Clarke is set to be interviewed by UK prosecutors as a probe into the grocer's multimillion-pound accounting sc...