Tesco warns coronavirus shopping boost will be "largely offset" by extra costs
The FTSE 100 grocery group will pay a final dividend for last year and expects to pay £5bn more to shareholders once it completes the sale of its last Asian businesses
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Tesco PLC
LON:TSCO
Tesco - the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores.
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Tesco and ASOS the big hitters for Wednesday results schedule
The grocer has been one of the few companies seeing improvement amid the coronavirus pandemic, as consumers have been stocking up their cupboards and giving up on dinners out
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FTSE 100 posts triple-digit gain as return of optimism sweeps through markets
Britain's blue-chip benchmark finished over 166 points, or 3.08% higher, at 5,582
Ex-Sainsbury's CEO Justin King: Coronavirus driving structural shift for grocery sector
The emergence of supermarkets as a previously underestimated core industry in the coronavirus crisis has not gone unnoticed by some investors, but financial markets are still painting with a broad red brush
Kantar Wordpanel says "accidental stockpilers" driving supermarket shelf shortages
Customers are choosing to shop more often, exacerbating the impact of slightly larger baskets, with an additional 15 million supermarket visits made in the week ending 17 March, compared to a month earlier
Tesco’s Asia sale indicates transition to “cash compounding stock”, says analyst
While analysts said the sale represented “a good deal”, there were warnings elsewhere about the newly powerful Thai regulator
Tesco promises £5bn dividend after agreeing sale of last Asian businesses
Thai conglomerate CP Group has agreed to buy Tesco Lotus for US$10.3bn (£7.8bn)
Tesco sells out of Chinese joint venture for net £275mln; plans UK job cuts in bakery overhaul
The supermarket giant has been retreating from Asia for some years.
Tesco gets slapped wrist for breaching competition law
The supermarket giant has been trying to prevent landlords from letting property to other supermarkets near its stores
Tesco ekes a few more weeks out of Lewis
The FTSE 100 grocer had originally pencilled in a summer farewell party
Tesco to drop plastic wrapping on multi-packs as part of sustainability drive
The supermarket claimed it is the first major retailer to take action in this way.
Kepler upgrades Tesco and Sainsbury on consumer election boost
“Should consumer confidence continue to improve, this would prove to be a strong support for an improvement in private consumption”
One less Dave and one less Willie: Departure of Tesco and IAG bosses raises issue of diversity at the top
Despite yet more FTSE 100 CEOs calling time in the board room, Britain's biggest companies continue to be dominated by men, with women heading up only six blue-chip firms
Heavyweight Tesco debunks predictions and dumps rivals in the gutter
Analysts at Bernstein hailed the “material outperformance relative to peers” and the contradiction to indications from Kantar’s industry data that implied Sainsbury was ahead of Tesco
Tesco's Christmas sales fall less than expected
The grocer’s UK like-for-like sales fell 0.4% in the third quarter but rose 0.1% in the six-week festive period
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FTSE 100 closes ahead as investors focus on trade not war
The UK's blue-chip benchmark on Thursday finished ahead by around 23 points at 7,598
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Tesco and Marks & Spencer set for market spotlight as investors continue to gauge Christmas retail results
Whether or not there are any more acquisition stories, food retail will be very much in focus on Thursday as Tesco and M&S release Christmas trading updates.
Grocery spend hits record level in final quarter of 2019, but retailers suffer grim Christmas as sales growth slumps to four-year low
The latest data from Kantar showed that UK shoppers tightened their purse strings over the festive period
Tesco’s Asia selloff could lead to a big payday for shareholders
While speculation swirls around whether Britain's largest supermarket will cash out of Asia, such a move could generate enough financial perks to keep investors sweet
Tesco weighs potential £7bn sale of Asia grocery chain
Asia generated £4.9bn of sales and £286mln of operating profit in the past financial year