Lloyds added to JPMorgan Cazenove’s European Best Equity Ideas Overweight List
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Company
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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The Freddo Index: The most important economic indicator you’ve never heard of
The price increases of Cadbury's frog-shaped chocolate have caused outrage over the years, with some using it as an informal reflection of the rising cost of living
Bakkavor confirms full year expectations in “robust” update
In a full year trading update, the group said like-for-like revenues had risen 3.2% compared to 2017
Lidl sees Christmas sales boosted by premium ranges but growth halves year-on-year
The group reported on Friday that in the six weeks to 30 December, UK sales rose 8% year-on-year
Tesco, Next and Ted Baker among the festive winners as high street survives Christmas - but only just
Below we provide a cut-out-and-keep guide to the major quoted retailers and how the quoted retailers performed
Archive
Moss Bros to wrap up busy week of Christmas trading updates from high street retailers
The day includes trading updates from retailers Moss Bros and AO World, plus UK gross domestic product data and US inflation figures
Tesco best of ‘Big Four’ as Christmas sales jump
Analysts had said that Tesco would be the best of its peers, and its cheaper own brands and price promotions helped to attract increasingly value savvy shoppers
Archive
FTSE 100 closes higher as Wall Street shares mixed; optimism over trade talks fades
The Footsie has been dipping below and above the 6,800 mark throughout the day
Analysts expect Tesco to have been best of the 'Big Four' over Christmas
Admittedly, the bar hasn't been set too high but the consensus among City number crunchers is that Tesco should have performed better than its rivals over Christmas
Archive
Debenhams set to disappoint again on Thursday
“Debenhams hasn’t updated on trading since 25 October and we know from many of its competitors that November was a terrible month for retailers and December is also likely to have been a struggle”
Does Sainsbury's need Asda more than Asda needs Sainsbury's?
“The big question now is what will happen to Sainsbury’s if it doesn’t merge with Asda,” said Russ Mould, investment director at AJ Bell
Sainsbury's worst performer of big four supermarkets over Christmas, industry data shows
Sales at Sainsbury’s, which has agreed to buy Asda, fell 0.4% in the 12 weeks to December 30, Kantar Woldpanel said
WM Morrison falls as it warns of ‘change in consumer behaviour’ despite sales rise over Christmas
Like-for-like sales narrowly beat analyst forecasts, but confirmation that Aldi and Lidl are continuing to win over shoppers is likely to make investors a little bit nervous
Investments and investor services
FTSE 100 closes higher as markets climb on trade talk optimism
Trade talks between China and the US are said to be going very well, which has lit a fire under US equities
Archive
'Big Four' supermarket sweep set to kick off with Christmas trading news from Wm Morrison
The update comes after Bradford-based Morrisons on Monday said it would cut an average of 20% from the prices of 900 products, including “store cupboard favourites”
Morrisons to slash prices as German discounter Aldi reports record Christmas
Aldi sold almost £1bn worth of food and drink in the run-up to the holiday season, and Morrisons has responded by slashing the prices of more than 900 products
Investments and investor services
FTSE 100 closes lower after struggling to gain ground all day
The FTSE 250 on the other hand, a better gauge of UK companies, added over 180 points at 17,976
Archive
Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
McColl’s opts for experience as it appoints Robbie Bell as new CFO
Robbie Bell is the current CEO of motorway services operator Welcome Break, having previously held high-up finance positions at Tesco and Screwfix
Deutsche Bank cuts target for both Sainsbury's and Morrison's amid Christmas slowdown
The bank said data from research body Kantar had reported a “significant slowing consumption trend in the four weeks up to 2 Decemberso-called”