Tesco

Tesco starts cull of management and head office staff Subscription

30 Jan 2015 | By Ian Quinn

Thousands of Tesco head office staff began finding out their fate as Tesco pushed ahead with a major cull of management…

Dave Lewis interview

Tesco closures: the full list Subscription

28 Jan 2015 | By Ian Quinn

The specifics of which 43 Tesco stores are to close come out, with comment from Dave Lewis

Promo dynamic

Tesco leads way on post-Christmas deals as strategies revealed

26 Jan 2015 | By Ronan Hegarty

Even before the last turkey sandwich has been polished off, retailers start devoting space to diet and heathy food…

morrisons

Morrisons store closures prompted by Asda & Tesco competition Subscription

23 Jan 2015 | By Ronan Hegarty

The current woes affecting the big four supermarkets are often put down to the rise of the discounters…

Morisons Dalton online

City sceptical over supermarket share price rallies Subscription

22 Jan 2015 | By Alec Mattinson

Supermarket share prices recovered in early 2015, but City investors remain unconvinced the pain of last year is over.

Tesco staff

Tesco CEO Dave Lewis urges staff calm in the face of upheaval

16 Jan 2015 | By Ian Quinn

Dave Lewis has moved to reassure store staff as concern grows over his plans to slash management positions…

stobart

Former Tesco delivery drivers accept Eddie Stobart settlement

16 Jan 2015 | By Ian Quinn

Former Tesco delivery drivers who claimed to have been unfairly sacked by Eddie Stobart reached an out-of-court settlement…

Tesco sign with Christmas hat

Standard & Poor’s joins Moody’s in cutting Tesco’s ratings to junk

14 Jan 2015 | By Alec Mattinson

Tesco’s corporate credit ratings have been cut to junk status by Standard & Poor’s, following Moody’s action last week.

tesco shares

Tesco shares rise on Christmas figures and Lewis' intervention Subscription

11 Jan 2015 | By Alec Mattinson

The supermarkets seldom saw any news that wasn’t bad last year, so it is little surprise that the emergence…

Tesco logo

Tesco team leader cull to be rolled out nationwide

09 Jan 2015 | By Ian Quinn

Tesco has embarked on a nationwide consultation with workers over thousands of job cuts after CEO Dave Lewis revealed staf…

Tesco building site unfinished store

Tesco to close 43 stores and pull plug on 49 new openings Subscription

09 Jan 2015 | By Ian Quinn, Ronan Hegarty

As Tesco boss Dave Lewis this week announced unprecedented plans to close 43 unprofitable stores…

tesco tooley street

Moody’s downgrades Tesco credit rating to junk status

09 Jan 2015 | By Alec Mattinson

Tesco has lost its investment grade credit rating with Moody’s Investors Service after the ratings agency downgraded the supermarket by one notch last night.

tesco store

Tesco Shoreham takes Grocer 33 win with attractive store Subscription

09 Jan 2015 | By Emma Page

Tesco Shoreham-by-Sea triumphed in this week’s G33 with its attractive and well laid-out store…

tesco shoreham store of the week grocer 33 Jan 2015

Tesco Shoreham-by-Sea: store of the week Subscription

08 Jan 2015

There was a real focus on availability for essentials and we also put a huge emphasis on making sure…

matt davies

Tesco hires Halfords CEO Matt Davies - but who is he? Subscription

08 Jan 2015 | By Edward Devlin

We’ve got the info you need to know about Tesco’s new UK CEO

Tesco sign with Christmas hat

Analysts react to dramatic Tesco announcement

08 Jan 2015 | By Ian Quinn

What the opinion-makers are saying

Dave Lewis

At a glance - Tesco cuts and closures

08 Jan 2015 | By Ian Quinn

Your in-brief guide to the main talking points

Tesco Express

Tesco to close 43 stores as 20,000 SKUs axed

08 Jan 2015 | By Ian Quinn

Tesco Express stores to be worst hit

Burger obesity

Tesco partners with health charities in obesity campaign

08 Jan 2015 | By Claire Farrell

Supermarket to raise £30m with British Heart Foundation and Diabetes UK

Tesco Extra Slough

Tesco announces price cuts ahead of Christmas trading results

08 Jan 2015 | By Ian Quinn

Major brands cut by average 25%

Fuel prices war

Independent supermarket drops petrol prices below Asda

06 Jan 2015 | By Beth Brooks

Jempson’s takes the lead as petrol prices plummet towards £1.

Tesco 21 supermarket aisle

FRC launches fresh probe into Tesco accounts

22 Dec 2014 | By Edward Devlin

Accounting watchdog the Financial Reporting Council (FRC) has launched an investigation…

Tesco truck with poppy

Tesco click & collect 'back on track' after Black Friday Subscription

19 Dec 2014 | By Ian Quinn

Tesco’s click & collect service is “back on track” after delays sparked anger among customers…

Tesco 10

Ninth Tesco employee suspended

18 Dec 2014 | By Ian Quinn

A ninth person has been suspended as the Serious Fraud Office (SFO) investigation continues into the £263m black hole in Tesco’s accounts…

Tesco sign with Christmas hat

Tesco adds teams of little helpers to pack bags in the run-up to Christmas

17 Dec 2014 | By Ian Quinn

Tesco is today created teams of dedicated bag packers at 400 of its stores to help ramp up service in the run up to Christmas.

Tesco ad

Tesco price cuts put Asda and even Aldi in its sights Subscription

31 Jan 2015 | By Ian Quinn, Vince Bamford

In September 2011, then Tesco UK boss Richard Brasher announced a £500m onslaught against its rivals, which he claimed…

adam leyland

Tesco's major reset will have a huge impact on the market

30 Jan 2015 | By Adam Leyland

With the festive five, Tesco started on a journey to prove less is more…

Tesco store with poppy

Is this the end of Tesco's store closures? Subscription

28 Jan 2015 | By Ian Quinn

What Goldman Sachs called “capacity exit” has come to pass, but the question remains, has Tesco done enough?

Tesco clubcard

Tesco's corporate finance focus suggests more disposals are on the way Subscription

26 Jan 2015 | By Alec Mattinson

Tesco’s decision to beef up its in-house corporate finance is as clear an indication as any that the restructuring job at the under-pressure supermarket is far from over.

Asda

Asda wins but Tesco and JS price cuts have little effect Subscription

23 Jan 2015 | By Claire Farrell

Earlier this month Asda, Tesco, Sainsbury’s and Waitrose announced major pricing initiatives…

lawsuit oty

Green shoots of recovery: analysts' views on Tesco Subscription

08 Jan 2015 | By Edward Devlin

We look at analysts’ reactions to Tesco’s Christmas trading update to see whether Dave Lewis’ new strategy has won over – or at least reassured – the City.

matt davies

Matt Davies is a left-field but intelligent choice to fix Tesco

08 Jan 2015 | By Edward Devlin

The departing Halfords CEO seems to have a way with people, and that might be exactly what Tesco needs 

tesco receipt money

Industry holds breath as Tesco prepares for big day Subscription

07 Jan 2015 | By James Halliwell

Will the beleagured giant enter into the price wars? 

Tesco bag packers

Tesco's Christmas trading could prove cause for cautious optimism Subscription

05 Jan 2015 | By Alec Mattinson

With Tesco, Sainsbury’s and M&S all set to report declining sales again this week, the food retailers would be forgiven for fearing this year looks just as grim as 2014.

Tesco bag packers

Every Little Elfs Subscription

19 Dec 2014 | Updated: 06 Jan 2015 | By Ian Quinn

Tesco boss Dave Lewis must have wished a few times in the last few months that he could call on some help from above…

President of Tesco

The Tesco leopard can change spots - but can it still hunt?

13 Dec 2014 | By Adam Leyland

There are four rules to rebates,” an ex-buyer once told me. “1. Get a rebate. 2. If you have one increase it…

Dave Lewis

Plugging the black hole(s) Subscription

10 Dec 2014 | By Ian Quinn

The £263m accounting scandal might, in the long run, not prove to be the most important black hole CEO Dave Lewis has to fix if he…

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