
Tesco , Britain's largest retailer, on Friday became the latest big company to be hit by investor anger over executive pay after shareholders at its annual meeting voted down its remuneration report.
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Tesco , Britain's largest retailer, on Friday became the latest big company to be hit by investor anger over executive pay after shareholders at its annual meeting voted down its remuneration report.
When Sainsbury's new boss hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the conversation will be radically different from the one he might have imagined when he got the job.
Britain’s biggest retailer Tesco has completed its exit from China with the 275 million pound sale of its joint venture stake to state-run partner China Resources Holdings.
Britain’s biggest retailer Tesco has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses.
Tesco has surprised the retail sector with news that its well respected group CEO Dave Lewis has decided to step down and will leave the business next summer, to be succeeded by Ken Murphy.
Two former senior executives of Tesco abused their positions to encourage practices that resulted in a 250 million pounds overstatement of expected profits and misled the stock market, a London court heard on Monday.
Tesco shares fell 8 percent after Britain’s biggest retailer missed first-half profit forecasts as weak trading in Thailand and Poland eclipsed accelerating sales growth in its main UK business.
A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz.
Britain's biggest retailer Tesco is trialing a checkout-free method of payment for its convenience stores, allowing customers to scan products on their mobile devices and then walk out with them, it said on Thursday.
Carrefour’s shares fell on Thursday to touch their lowest level since October 2012, after the French food retailer reported a slowdown in sales growth during the first quarter.