Tesco

Over the past four to five years, the India GCC has contributed nearly £750 million in business value to the UK's Tesco Group

Tesco’s Trancend to white-label, sell AI solutions to enterprises

The Welwyn Garden City-headquartered firm said it is creating solutions to solve problems in the retail industry using AI.

Karnataka: Retail giant Tesco to expand in Bengaluru, likely to create 16,500 more jobs

Rolls Royce Group has also discussed expansion plans as Karnataka delegation visits UK ahead of Invest Karnataka Global Investors Meet in February 2025

Tesco to create 16,000 more permanent jobs in online boom

Tesco said the roles will include 10,000 pickers to assemble customer orders and 3,000 drivers to deliver them, along with a variety of other roles in stores and distribution centres.

Coronavirus pandemic | Tesco recruits 45,000 UK staff on virus demand

In an earnings update, Tesco said costs were forecast to increase by between 650 million pounds and 925 million pounds.

Britain's Tesco considers Asia exit

Celebrating its 100th anniversary, Tesco is five years into a UK-focused recovery plan launched by Chief Executive Dave Lewis after an accounting scandal capped a dramatic downturn in trading.

Tesco CEO Dave Lewis to step down in 2020

"My decision to step down as group CEO is a personal one," he said in a group statement issued alongside first-half earnings.

UK retailer Tesco axes 4,500 supermarket jobs

The job cuts, equivalent to about one percent of Tesco's worldwide workforce, come after the company axed 9,000 roles in January.

Tesco's sales growth slows in subdued UK market

Shares in Tesco fell as much as 3.3% in early trading after the group said UK like-for-like sales rose 0.4% in the 13 weeks to May 25, its fiscal first quarter.

Restructuring threatens 9,000 jobs at UK supermarket Tesco

"Overall, we estimate that up to 9,000 Tesco colleague roles could be impacted, however, our expectation is that up to half of these colleagues could be redeployed to other customer-facing roles," the supermarket said in a statement.

Tesco UK chief steps down after cancer diagnosis

Wilson is the former boss of the food wholesaler Booker and became the Chief Executive at Tesco UK when Booker was bought by Tesco for £3.7 billion earlier this year.

Retailers Carrefour, Tesco join forces in strategic alliance

The alliance will cover the strategic relations with global suppliers, the joint purchasing of own-brand products and goods not for re-sale.

No proposal to review FDI in multi-brand retail: Govt

"No proposal is under consideration of the government to review the extant FDI policy on multi-brand retail," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.

Tesco to pay 129 million pound to settle false accounting charges

The supermarket group has struck a deferred prosecution agreement (DPA) after months of talks with the Serious Fraud Office (SFO).

Big Tesco shareholders oppose $4.7 billion Booker deal

Schroder Investment Management and Artisan Partners, Tesco's third and fourth largest investors with stakes of 4.49 and 4.48 percent respectively, both said on Monday they were against the transaction.

Tesco to buy UK wholesaler Booker for $4.64 bn

"This merger with Booker will further enhance Tesco's growth prospects by creating the UK's leading food business with combined expertise in retail, wholesale, supply chain and digital," Tesco CEO Dave Lewis said in a statement on Friday.

European markets open lower after Trump remarks

Investors will be looking at new corporate reports as they digest the latest remarks by Trump. His comments on Wednesday afternoon on the pharmaceutical industry sent stocks sharply lower and the lack of detail on fiscal stimulus moved the dollar lower.

No longer the bad guy, Tesco set to reassert UK dominance

Monthly industry data shows Tesco is once again pulling ahead of rivals in Britain under a plan led by boss Dave Lewis, where lower prices and improvements in store have led to more goods being sold to more customers.

Tesco recovery gains pace with fastest sales growth in 3 years

Shares in the company climbed as much as 4 percent after market researcher Kantar Worldpanel said Tesco's sales grew by 2.2 percent year-on-year in the 12 weeks to Nov. 6, boosting its share of Britain's grocery market to 28.2 percent from 27.9 percent this time last year.

Cadbury Dairy Milk: The interstellar party!

Storyboard speaks to Prashant Peres, Director Marketing (Chocolates) Mondelez India about the new & unusual campaign for Cadbury Dairy Milk; to Ivan Despi & Pauline Vicencio Despi of The Acid House about how they deal with the challenges when it comes to illustration, how they convince their clients to illustrate more.

Raid on 20,000 Tesco Bank accounts fuels cybercrime fears

The bank, which manages 136,000 current accounts, said it would repay people who had lost money in the attack, which targeted 40,000 accounts in all and fuelled fears about the British financial sector's vulnerability.

Unilever resolves pricing row in UK

"Unilever is pleased to confirm that the supply situation with Tesco in the UK and Ireland has now been successfully resolved," Unilever said.

Tesco pulls Unilever goods from website over price row

The dispute between two of Britain's best-known companies shows how the UK's decision to quit the European Union has exacerbated tensions between suppliers and retailers, which are battling for profits as consumers are increasingly savvy about their shopping.

'Not yet', says Nirmala on FDI in multi-brand retail

"At the moment, India can create several Walmarts of its own. We welcome anybody...but if some way this dialogue is moving towards, why not (FDI in) multi-brand retail in India? My answer is, 'not yet'," Commerce and Industry Minister Nirmala Sitharaman said at The Economist India Summit 2016 here.

S P Apparels to make stock market debut on August 12

The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 2.21 times, while non institutional investors 5.10 times, as per NSE data.