Tesco takes stock
UK retail giant Tesco booked a healthy set of results this week, despite facing fierce competition from rivals in recent months and experiencing a slowdown in international expansion. With such a strong set of figures under its belt, its clear Tesco is coping well with the downturn. Dean Best reports.
In The Spotlight - Tesco
22 April 2009
UK retail giant Tesco booked a healthy set of results this week, despite facing fierce competition from rivals in recent months and experiencing a slowdown in international expansion. With such a strong set of figures under its belt, its clear Tesco is coping well with the downturn. Dean Best reports.
UPDATE: UK/US: Tesco to press on with US assault
21 April 2009
Tesco chief executive Sir Terry Leahy today (21 April) insisted the UK retail giant would continue to expand in the US but admitted the downturn had held back its ambitions across the Atlantic.
UK: Tesco shares jump as profits rise
21 April 2009
Shares in UK retail giant Tesco rose by more than 5% this morning (21 April) after reporting a 10% rise in annual underlying pre-tax profits.
US: Fresh & Easy slows expansion
21 April 2009
Fresh & Easy, the US arm of Tesco, has slowed the pace of its expansion drive and adjusted its offering in response to the economic downturn.
Sound bites – The year ahead for US food retailers
6 February 2009
Three top food analysts give just-food their predictions for the US food retail sector in 2009.
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