Tesco

MBK Said To Team Up With Goldman In $6 Billion Tesco Korea Bid

MBK Partners Ltd. plans to team with a Goldman Sachs Group Inc. private-equity fund to jointly bid for Tesco Plc’s South Korean business, which could...

Tesco’s Brings Back Clubcard Boost

British supermarket Tesco has announced the return of its Clubcard Boost deal, which is available to customers from August 3 until September 13. The Clu...

Tesco Shortselling at Record as Investors Bet Against Lewis

Tesco short sellers are coming back in droves. The number of bets taken out against the company’s share price has risen sevenfold since Tesco’...

Tesco Introduces 'Friendlier' Self Service Checkout Voice

Tesco is introducing a new audio voice with different phrases to its self-service checkouts, following feedback from customers. The new voice is describ...

Kantar: Tesco, Asda Sales Slumps Abating

The latest Kantar Worldpanel market share figures in the UK indicate that during the last 12 weeks, the rate of sales-decrease of Tesco and Asda reduced....

Tesco's Own-Label Soaps Now Using Sustainable Palm Oil

British retail giant Tesco has announced that its own-label soaps are now using sustainable palm oil. Since 2012, Tesco has been a member of the Roundta...

Tesco To Give ‘Turnaround’ Bonus To Staff

Tesco CEO Dave Lewis has promised the entire retailer’s staff a one-off bonus of up to 5 per cent of their salaries if certain sales objectives are m...