Photo: Tesco
Tesco has announced a fall in pre-tax profits of nearly 20% in the past year to £825 million, due to costs rising by almost £900 million due to the pandemic, reports Retail Gazette
Wed 21/04/2021 by Richard Wilkinson
Tesco
Tesco has outlined its climate manifesto containing five key areas of focus, including cutting absolute emissions from energy and supporting the UK’s transition to electric transport, as well as tackling […]
Thu 15/04/2021 by Richard Wilkinson
Photo: tescoplc.com
UK retailer Tesco has announced plans to make more healthy and sustainable food available at its stores.
Wed 17/02/2021 by Richard Wilkinson
Photo: Tesco
UK retailer Tesco has seen a large bump in sales since Christmas, but costs associated with the pandemic continue to soar, as restrictions are strengthened.
Thu 21/01/2021 by Richard Wilkinson
UK retailer Tesco has announced it will complete the £8 billion sale of its Thai and Malaysian business to CP Retail Development Company. The purchase was approved by Thai authorities […]
Thu 17/12/2020 by Richard Wilkinson
David Lally
UK retailer Tesco has promised to pay back the £585 million it saved from a business rates holiday aimed at helping struggling retailers cope with the Covid-19 crisis. Tesco’s chairman, […]
Mon 14/12/2020 by Richard Wilkinson
Réussir Fruits et Légumes
UK retailer Tesco has posted a 29% rise in pre-tax profits to £551 million, with sales totalling £26.7 billion. Tesco reported a 4% increase in operating profits to £1.2 billion […]
Tue 20/10/2020 by Richard Wilkinson
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UK retailer Tesco has been recognised by the South African stone fruit sector for its strong performance and promotional support during the 2019-20 season. South African growers’ association Hortgro presents […]
Thu 17/09/2020 by Richard Wilkinson
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UK retailer Tesco has expanded its home delivery and click-and-collect services following a sharp increase in demand that led to shoppers reporting difficulties in securing online delivery slots. The firm’s […]
Mon 06/04/2020 by Richard Wilkinson
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UK retailer Tesco is to pull out of south-east Asia, having agreed the sale of its operations to Thai conglomerate Charoen Pokphand for US$10.6 billion. This represents a major reversal of its strategy of international expansion.
Wed 11/03/2020 by Richard Wilkinson
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Reports have emerged that leading UK retailer, Tesco, is considering selling its Asian business, Lotus, for £7.2bn. According to The Independent, Tesco has received “inbound interest” for its Lotus brand […]
Mon 16/12/2019 by Richard Wilkinson
UK retailer Tesco has stapled its green credentials to its mast and laid down a challenge to its rivals by pledging to eliminate plastic in its packaging of many own-brand […]
Thu 21/11/2019 by Richard Wilkinson