Tesco

Tesco to sell Thai and Malaysian divisions in £8bn deal

UK supermarket giant Tesco has agreed a deal to sell its Asian operations in Thailand and Malaysia in a £8bn…

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Tesco to overhaul baking operations putting 1,800 jobs at risk

‘Big Four’ grocer Tesco has announced a major overhaul to its in-store bakery operations, putting 1,816 staff at risk of…

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Tesco to remove plastic wrapping from multi-pack tins

Supermarket giant Tesco has committed to removing plastic within its multipacks of tinned food. The ‘Big Four’ grocer aims to…

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‘Biggest day of food sales’ helps Tesco fight Christmas slump

Strong food sales including a reported “biggest food sales day in history” helped Tesco post a slight Christmas sales increase…

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UK supermarkets experience lowest festive sales growth in five years

UK supermarkets have experienced the lowest sales growth over the Christmas period in five years, with sales growing by 0.5%…

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Tesco considers sale of its Asian arm

Tesco is considering the sale of its Malaysian and Thai businesses, the supermarket giant has confirmed. The two businesses have…

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UK grocers criticised over ‘harsh’ working conditions for tea and fruit farmers

Oxfam has alleged that “poor pay” and “harsh working conditions” are commonplace on farms and plantations in Brazil and India…

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Tesco CEO Dave Lewis to step down next year

Tesco has announced its group CEO Dave Lewis is to step down from his role next year after five years…

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Tesco scraps its first-ever Jack’s store

Tesco has confirmed it is closing the first-ever discount Jack’s store, only around a year after it unveiled its new…

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Most valuable UK retailers ‘falling behind’ global rivals, study finds

The value growth of the UK’s top retail brands is “falling behind” that of the leading global retail brands, according…

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