'Big Four' grocers continue to lose market share to Aldi and Lidl; Morrisons rises on Amazon bid talk
Asda was the only supermarket among the so-called ‘Big Four’ to maintain market share in the period, Kantar Worldpanel revealed
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.
1027 stories · page 28 of 52
Two former Tesco bosses cleared of fraud charges as case collapses
Chris Bush and John Scouler walked free from Southwark Crown Court on Thursday, having previously been accused of failing to correct inaccurate income figures at the supermarket
Archive
FTSE 100 closes firmly lower as investors realise US/China trade dispute continues
The UK index of leading shares finished down over 39 points lower at 7,022.
John Lewis sales fall sharply for second week running amid consumer spending slowdown
Britain’s largest department store chain reported that total sales in the week to 17 November had fallen 6.8% year-on-year, following from an 8.3% plunge the week before
JP Morgan thinks City is yet to cotton onto magnitude of Wetherspoon's recent profit warning
‘Spoons is known for its wafer-thin margins, but aims to sell so much food and drink that it still turns a decent profit come end of the year, but JP Morgan has some reservations this time around
UK's biggest supermarkets slapped with unequal pay lawsuit in wake of Lloyds pensions case
Female workers continue to march against discrimination in the workplace after a court ordered Lloyds to amend its pension schemes to make benefits equal for men and women
UK's Big Four supermarkets lose further ground to Aldi and Lidl, Kantar data reveals
Aldi and Lidl have been taking market share from the four biggest supermarkets including Sainsbury's, Tesco, Morrisons and Asda
Tesco and Sainsbury's win court appeal against business rates for cash machines
Tesco said it welcomes the Appeal Court's ruling and the "confirmation of our belief that ATMs should not be separately rateable"
Five key questions for Sainsbury's boss Mike Coupe on proposed Asda merger
Some investors have raised concerns about the complexity involved in combining two very different brands
Sainsbury's profits drop as it takes hit related to proposed Asda merger
Sainsbury's continues to expect full-year underlying profit to meet market forecasts
Morrisons, Tesco, Sainsbury's and Asda change tactics as Aldi and Lidl disrupt market
With no signs of fierce competition letting up, Morrisons and Tesco have expanded into wholesale supply while Sainsbury’s is in the process of trying to merge with Asda
FTSE 100 closes in red as Wall Street shares lag; Brexit exhaustion
The UK blue-chip benchmark finished down over 27 points at 7,026, while the FTSE 250 closed down over 52 points at 18,961.
CMA’s Asda-Sainsbury’s merger inquiry to consider possible “squeeze” on suppliers
The move to bring supplier issues within the remit of the regulator’s inquiry follows pressure from politicians
‘Big Four’ continue to lose market share to Aldi and Lidl
Tesco, Sainsbury’s, Asda and Morrisons all grew sales over the past 12 weeks, but they all also gave up more market share to the German discounters (and Co-op)
Investments and investor services
FTSE 100 closes down nearly 2% as the big sell-off continues
The UK blue-chip benchmark finished down nearly 139 points lower at 7,006 - not far from the 7,000 mark
Former Tesco directors go on trial over alleged profit overstatement
Chris Bush, Tesco’s former UK managing director, and John Scouler, the former UK food commercial director, have been accused of knowing that income was being wrongly included in the firm’s financial records in order to meet targets
Kepler Cheuvreux lowers Tesco target price amid margin troubles in Thailand
Tesco has been trying to renegotiate its deals with food manufacturers in Thailand, which isn’t progressing as quickly as hoped
‘Fast Fashion’ draws ire of MPs on environmental waste concerns
Mary Creagh MP has written to the heads of companies with large clothing lines as part of an investigation into how the UK fashion industry can reduce its environmental footprint
Tesco prospects positive despite first half profit miss
Tesco is in good shape to go into battle with discount retailers and a merged Sainsbury's-Asda
redT energy raises £5mln while it looks for strategic partners
Some of the main risers and fallers in London on Wednesday...