Tesco

Andrew Yaxley Named New Tesco Ireland CEO

Tesco Ireland has confirmed Andrew Yaxley as its new chief executive, taking over from Phil Clarke. Tesco recently announced that Clarke would be retiring...

Colliers: Aldi To Open More UK Stores Than Rivals

German discount retailer Aldi plans to open more UK stores in 2015 than Tesco, Sainsbury’s and Morrisons combined, according to a new study released...

Tesco’s Lewis Gets Back To Basics With Property Asset-Exchange

Tesco Plc said it will regain sole ownership of 21 supermarkets in an asset-swap transaction with British Land Co., part of Chief Executive Officer Dave Le...

WPP To Bid For Tesco’s Dunnhumby Unit

WPP, the world’s biggest advertising company, has submitted a bid for a majority stake in Tesco’s Dunnhumby customer data unit, as it expands i...

Sunday Shopping Ban Affects 97% of Hungarian Retailers

Only two out of 209 Tesco supermarkets will be open on Sundays in Hungary, as the law on Sunday shopping ban takes effect on 15 March. Following a legis...

Tesco Pulls Schweppes From Shelves After Coca-Cola Spat

Tesco has removed all Schweppes products from its supermarket shelves after a disagreement with Coca-Cola over prices, according to reports in the UK press...

Tesco Sales Outpace Rivals As Turnaround Continues

Tesco was the only one of the UK’s four biggest supermarkets to increase sales in the last three months, showing that efforts by new chief executive...

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