COMMENT: Investors should look to Tesco’s future with confidence
It was a surprise to see that Tesco was the biggest faller on London's FTSE index of 100 leading shares yesterday (20 April).
Tesco outlines plans for global recovery
Tesco’s prelims – what the analysts say
Tesco said today (20 April) that the company had "weathered" the downturn and booked a 10% rise in annual profits. However, the UK retailer's shares closed down and, while analysts broadly agreed the company delivered a solid performance, they still issued caveats to the group's showing.
On the money: Tesco outlines Fresh & Easy expansion plans
Tesco today (20 April) stood by its US retail arm Fresh & Easy, insisting losses from the business had "flattened out" and outlining plans to open more stores in the next 12 months.
UK: Tesco “weathers storm” with 10% profit jump
UK retail giant Tesco today (20 April) booked a 10.1% rise in annual profits as earnings in Asia jumped and the company boosted its domestic business with investment in loyalty scheme Clubcard.
