Company
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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Kantar Worldpanel said its latest grocery market share figures showed an overall increase of 3.6% in sales for the 12 weeks to 10 September 2017, compared with the same period last year
Booker's like-for-like sales in the 12 weeks to 8 September rose 1.3%, boosted by a strong performance in catering and retail supply.
Archive
Day ahead includes Bank of England Monetary policy meeting, UK retail sales data, updates from Next PLC, William Morrison Supermarkets PLC, and Booker PLC
Christopher Bush, who was managing director of Tesco UK, Carl Rogberg, who was its UK finance director, and John Scouler, who was the UK food commercial director, are all charged with one count of fraud by abuse of position and one count of
The Swiss bank’s analysts said: “We expect Tesco to hit the upper end of its 3.5-4.0% mid-term EBIT margin guidance and, moreover, to do so in a healthy way”
The FTSE dipped 6 points to 7,401 points after Janet Yellen left monetary policy out of her Jackson Hole speech
Thousands of investors sued Tesco claiming that they had lost millions after buying shares based on false and misleading accounts
The wet weather didn’t deter shoppers, with overall UK supermarket sales rising 4% year-on-year
The latest efficiency drive follows on from similar measures brought in last November and back in 2015
Asda reported an 11.5% decline in full-year profits as it tackles mounting competition
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In a £1bn deal, won against five other tenders, Morrison's will supply Safeway products and other national brands to 1,300 McColl's stores and 350 newsagents
Investments and investor services
Aurora is now worth £70mln, from £15mln, when Phoenix was appointed in January 2016
McColl's has fallen prey to speculation it could become a takeover target as UK supermarkets try to get a slice of the convenience market
The company is acquiring a 5% equity interest in Blend and Pack.
The UK's competition regulator has raised concerns about Tesco's plans to buy Booker
Tesco, Sainsbury, Morrison's and Aldi have been losing market share to discounters Aldi and Lidl
Booker's first quarter results were boosted by favourable weather and a late Easter
Investments and investor services
The FTSE 100 index was closed up 10.37 at 7,367 on Wednesday
Sainsbury’s surprised the market with an increase in first-quarter like for like sales, excluding fuel, of 2.3%, exceeding analysts’ expectations for a 1.9% rise
