Tesco News
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Here are all todays headlines related to Tesco News. If you wish to drill deeper to view past Tesco News items, follow the next 20 headlines link at the foot of the page.
15-03-2018
Tesco is a visible turnaround story and the retailer will increasingly be viewed as a capital return stock, JP Morgan analysts said as they rated the shares 'overweight'.
07-03-2018
Debenhams is negotiating to rent out space in its flagship department store to hot-desking company WeWork in a move to save costs.
06-03-2018
Grocery price inflation eased off in recent weeks, according to two surveys of the sector released on Tuesday, which both found Sainsbury's was the slowest growing of the big four supermarkets.
05-03-2018
Analysts at Jefferies upgraded their recommendation for shares of Tesco and Morrisons on Monday from 'hold' to 'buy', explaining that the pound has rallied against the dollar by well above 10% over the past year, while discount supermarkets' new store applications have fallen 25% in the past 2 years.
05-03-2018
Tesco: Jefferies upgrades to buy with a target price of 250p.
28-02-2018
Tesco and Booker Group shareholders have both voted through the supermarket giant's contentious £3.7bn takeover of the country's leading wholesaler.
28-02-2018
Toys R Us went into administration on Wednesday after failing to secure a rescue deal, while electronics retailer Maplin collapsed as talks with a potential buyer broke down.
16-02-2018
Tesco will close its Cardiff call centre will close on Friday with the loss of 1,100 jobs despite the efforts of unions to reverse the decision.
16-02-2018
Tesco's £3.7bn takeover of food wholesaler Booker suffered a blow after the former's shareholders were advised to vote against the tie-up by advisory firm Institutional Shareholder Services on Thursday.
12-02-2018
Tesco has hired consultants to look into a possible launch of a discount grocery chain to try and thwart the fast-growing rivals Aldi and Lidl.
07-02-2018
Up to 200,000 of Tesco's female store workers could demand up to £4bn in total from the supermarket group by claiming they were paid less than their male counterparts, after a legal bid was launched on behalf of 100 workers.
06-02-2018
The fraud trial of three former Tesco executives has been abandoned after one of the defendants suffered a heart attack.
06-02-2018
Supermarket sales increased in value by 3.4% in recent weeks thanks to grocery inflation and a trend for veganism, with the 'big four' groups continuing to lose market share to discounters Lidl and Aldi.
05-02-2018
Tesco confirmed that Booker Group boss Charles Wilson will be appointed chief executive of the group's retail and wholesale operations in the UK and Ireland when the takeover is completed, which is pencilled in for 5 March.
23-01-2018
Croda International plc: Berenberg upgrades to buy with a target price of 5,000p.
22-01-2018
Tesco has today announced changes to simplify its operational structures, improve efficiency and give line managers clearer accountability for colleague and customer experience.
22-01-2018
Tesco has announced plans to simplify its operational structures that will affect 1,700 jobs.
22-01-2018
Sainsbury's and its large supermarket rivals are likely to deliver "zero growth" in 2018, warned Credit Suisse as it downgraded the orange-liveried grocer to a 'neutral' rating.
19-01-2018
Ofcom published its latest data on the volume of consumer complaints it received against major providers of telecoms and pay-TV services on Friday, revealing a slight uptick in the number of grievances levelled against landline and television providers.
12-01-2018
SSP: JP Morgan upgrades to overweight with a target price of 765p.
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