Dave Lewis leaving Tesco in a “position of strength”
Tesco, Britain’s biggest retailer, announced on Wednesday its chief executive Dave Lewis will step down next summer and will be succeeded by Ken Murphy, an executive at Walgreens
Tesco and Carrefour Inks Strategic Alliance To Cut Prices
The UK-based Tesco Plc announced to form a strategic alliance with France-based Carrefour SA to survive in the competitive environment of the retail market. The move is undertaken
Sales in UK make Tesco dizzy while global performance disappoints
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
Aldi and Lidl Topped Annual Survey While Tesco Ranked Lowest
Supermarket chains Aldi and Lidl topped the annual supermarket survey as they were voted second and third most favorite while rivals Morrisons and Sainsbury were left lagging behin