Tesco news and analysis – Page 156
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NewsCity snapshot: Tesco closes in on new chairman
Tesco looks to be closing in on a new chairman after its two person shortlist for the role was reportedly cut to one over the weekend.
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Analysis & FeaturesTesco price cuts put Asda and even Aldi in its sights
In September 2011, then Tesco UK boss Richard Brasher announced a £500m onslaught against its rivals, which he claimed…
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Comment & OpinionTesco's major reset will have a huge impact on the market
With the festive five, Tesco started on a journey to prove less is more…
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NewsTesco starts cull of management and head office staff
Thousands of Tesco head office staff began finding out their fate as Tesco pushed ahead with a major cull of management…
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Comment & OpinionIs this the end of Tesco's store closures?
What Goldman Sachs called “capacity exit” has come to pass, but the question remains, has Tesco done enough?
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NewsTesco closures: the full list
The specifics of which 43 Tesco stores are to close come out, with comment from Dave Lewis
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Analysis & FeaturesTesco's corporate finance focus suggests more disposals are on the way
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.
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NewsTesco leads way on post-Christmas deals as strategies revealed
Even before the last turkey sandwich has been polished off, retailers start devoting space to diet and heathy food…
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NewsMorrisons store closures prompted by Asda & Tesco competition
The current woes affecting the big four supermarkets are often put down to the rise of the discounters…
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Grocer 33Asda wins but Tesco and JS price cuts have little effect
Earlier this month Asda, Tesco, Sainsbury’s and Waitrose announced major pricing initiatives…
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NewsCity sceptical over supermarket share price rallies
Supermarket share prices recovered in early 2015, but City investors remain unconvinced the pain of last year is over.
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NewsTesco CEO Dave Lewis urges staff calm in the face of upheaval
Dave Lewis has moved to reassure store staff as concern grows over his plans to slash management positions…
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NewsFormer Tesco delivery drivers accept Eddie Stobart settlement
Former Tesco delivery drivers who claimed to have been unfairly sacked by Eddie Stobart reached an out-of-court settlement…
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NewsStandard & Poor’s joins Moody’s in cutting Tesco’s ratings to junk
Tesco’s corporate credit ratings have been cut to junk status by Standard & Poor’s, following Moody’s action last week.
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NewsTesco shares rise on Christmas figures and Lewis' intervention
The supermarkets seldom saw any news that wasn’t bad last year, so it is little surprise that the emergence…
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NewsTesco team leader cull to be rolled out nationwide
Tesco has embarked on a nationwide consultation with workers over thousands of job cuts after CEO Dave Lewis revealed staf…
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NewsTesco to close 43 stores and pull plug on 49 new openings
As Tesco boss Dave Lewis this week announced unprecedented plans to close 43 unprofitable stores…
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NewsMoody’s downgrades Tesco credit rating to junk status
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.
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Grocer 33Tesco Shoreham takes Grocer 33 win with attractive store
Tesco Shoreham-by-Sea triumphed in this week’s G33 with its attractive and well laid-out store…
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Analysis & FeaturesGreen shoots of recovery: analysts' views on Tesco
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.