Tesco's boss Dave Lewis receives 10% pay cut despite return to sales growth
Tesco's chief executive and finance director received pay cuts last year after fines related to its accounting scandal hit profits
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 38 of 52
Morrison's up as it reports sixth consecutive quarter of underlying sales growth
In a trading update for the 13 weeks to April 30, the FTSE 100-listed group said sales at stores open over a year, excluding fuel, rose by 3.4% in the period
Sainsbury's and Argos were unlikely bedfellows, but partnership looks to be working - at least for Argos!
John Ibbotson, director of the retail consultancy Retail Vision, commented: “What began as a bolt-on has turned into a lifeboat. For the embattled Sainsbury’s, the Argos acquisition is looking more inspired by the day”
Easter sugar rush: Kantar Worldpanel data shows all 10 major food retailers in growth for the first time in three-and-a-half years
Kantar Worldpanel’s latest data revealed that the overall grocery market has grown by 3.7% – the fastest rate since September 2013 - worth almost £1bn in additional sales
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Deterioration of conditions for grocers eyed in updates from Sainsbury and Ocado
Day ahead; J Sainsbury, Ocado, Imperial Brands, Paddy Power Betfair ...
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HSBC may struggle to match rivals
HSBC is the last of the big four banks to report with more uncertainty over the outcome than for its UK-centric rivals.
Supermarket sweep: Updates from Sainsbury's, Morrison's to be closely-eyed amid margin concerns
In an update in March, Sainsbury’s move to diverse from grocery with the acquisition of high street catalogue retailer Argos looked to be paying off as its total like-for-like sales grew by 0.3%
Partnership deal with Tesco helps N Brown overcome drop in full-year profits on mis-selling charge
The firm saw its pre-tax profit drop to £57.6mln for the year to March 4, down from £72.2mln a year earlier, impacted by an exceptional cost of £25.2mln relating to customer complaint redress in its financial services business
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Osborne to stand down as an MP to concentrate on his other jobs
Theresa May's decision to dodge the televised party leader debates attracts derision while George Osborne's decision to stand down as an MP is front page news in the paper he edits
Looking ahead: Tesco sells its opticians business in the UK and Ireland to VisionExpress
Tesco Opticians currently operates in 206 of the retail giant’s stores across the UK and three stores in the Republic of Ireland, as well as online, and employs approximately 1,500 staff
Tesco slumps as Goldman’s bearish streak continues
The banking giant has lowered its estimates for the next few years and said free cash flow generation “remains the concern”
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Torrent of tweets on toxic Tesco
To say opinions are divided on Tesco would be to imply that someone actually likes them ...
Tesco: On track or going back?
The underlying performance seems to be heading in the right direction, but Tesco isn’t out of the woods just yet
Tesco slumps despite better-than-expected results
Underlying profits beat forecasts at £1.28bn, but investors still weren't convinced
FTSE 100 closes lower as supertanker Tesco sinks
With US stocks tipped to open lower, the top-share index has slipped into the red
Where to invest as inflation begins to grip UK-focused stocks
Stocks with pricing power, such as pharmaceuticals and utilities, are most likely to weather the impact of rising inflation.
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Tesco hoping to put Booker doubts to bed
Tesco is expected to underline recent progress and that legacy issues are being dealt with
Fraud Office ends Tesco investigation after £129mln settlement
The supermarket group agreed to pay a £129mln fine for overstating its profits
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