Sales in UK make Tesco dizzy while global performance disappoints

Sales in UK make Tesco dizzy while global performance disappoints

By Anna Domanska - Jun 06, 2013

There are gloomy days behind retail giant Tesco Plc and there are dismal days ahead of it as the company saw its sales slump around 1 percent on a like-for-like basis in the quarte

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TESCO announces new plans to exit US market

TESCO announces new plans to exit US market

By Richard Meryn - Apr 15, 2013

Apparently, the days for Fresh & Easy, TESCO’s foray in the US, are numbered; so are the present operations for many of the TESCO’s own outlets across the UK and Europe.

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Clarke to announce Tesco’s withdrawal from US market

Clarke to announce Tesco’s withdrawal from US market

By Anna Domanska - Dec 05, 2012

On 5th of December, Philip Clarke, chief executive officer at Tesco PLC, is expected to announce the company’s withdrawal from the US market. The decision comes as Tesco PLC stru

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Tesco Profits Fall in Almost 2 Decades despite Rising Sales in the U.K.

Tesco Profits Fall in Almost 2 Decades despite Rising Sales in the U.K.

By Christy Gren - Oct 03, 2012

Tesco PLC, the Britain’s largest retailer, has reported a 12 percent fall in half-year pretax profit to $2.7 billion, or £1.7 billion as downturn in Asia and Europe balanced ris

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