Tesco has set out ambitious plans to open more stores in Europe and Asia as the British grocer seeks to boost profitability overseas. The supermarket already has more physical selling space abroad than in Britain but its international arm, which
Tesco Launches Four-Hour Shift System
November 15, 2010 By Leave a Comment
Tesco famously claims “every little helps” – now Britain’s biggest private-sector employer is among the first to offer the option of working “slivers of time” to its employees. A four-hour shift might
Tesco Looks To Expand In Asia By Buying Carrefour Supermarkets
November 9, 2010 By 1 Comment
Tesco is in advanced discussions to buy 61 stores in south-east Asia from France’s Carrefour supermarket chain for about $1bn (£620m). Britain’s biggest supermarket is understood to be among a handful of suitors
‘Aldi Effect’ Fades As Big Four Hit Back And Consumers Lose Taste For Austerity Shopping
October 17, 2010 By Leave a Comment
Aldi’s stores in UK and Ireland fell to a £58m loss last year on sales of £2bn, while its smaller Danish rival Netto has quit the country, selling its stores to Asda. Recent market share figures from Kantar show upmarket chains Sainsbury’s and Waitrose are the stars on the rise, with both chains gaining market
Sainsbury’s ‘Fastest Growing Of Big Four Supermarkets’
October 10, 2010 By Leave a Comment
Sainsbury’s chief executive today declared the supermarket group the leader of the pack after it outgunned Tesco, the market leader, in the second quarter. Justin King said
Sainsbury’s Sales Rise 5% As Non-Food Lines Grow Strongly
October 6, 2010 By Leave a Comment
J Sainsbury has outstripped market leader Tesco with strong sales in the second quarter, thanks to demand for non-food lines and the relaunch of its Taste the Difference brand. Excluding…
Top Of The Tesco Tree
October 6, 2010 By Leave a Comment
Sir Terry Leahy says Tesco’s Fresh & Easy business in the US will break into profitability in 2012/13 and “strong” increases in profits are expected thereafter. In other words, there’s no need to review the future…
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