Tesco says Q3 sales dip, but improve over Christmas
Troubled British supermarket giant Tesco posted sliding quarterly sales Thursday as the nation`s biggest retailer faced fierce competition but put in a solid performance over Christmas.
Jan 14, 2016, 16:18 PM ISTBritish supermarket Tesco reports £365 million loss in first half
Tesco is seeking to overhaul its business after reporting the biggest annual loss in its near 100-year history of £5.74 billion for the year to February.
Oct 07, 2015, 19:15 PM ISTBritain's Tesco reports improvements despite sales drop
British supermarket giant Tesco reported a 2.0 percent drop in sales for its first quarter Friday and warned of "volatility" but said performance was improving following a record annual loss.
Jun 26, 2015, 14:01 PM ISTTesco to cut up to 10,000 jobs - Sunday Telegraph
Britain`s biggest supermarket Tesco could cut up to 10,000 jobs as part of its attempts to halt a slide in profits, The Sunday Telegraph newspaper reported.
Feb 15, 2015, 20:06 PM ISTBritish supermarket Sainsbury`s to cut 500 jobs
British supermarket group Sainsbury`s is to axe 500 jobs as part of a plan to cut costs by 500 million pounds ($760 million, 645 million euros), it announced on Tuesday.
Jan 14, 2015, 08:35 AM ISTTesco issues new profit warning, slashes dividend
Troubled British supermarket giant Tesco on Friday issued another profits warning and slashed its shareholder dividend by 75 percent, blaming challenging trade and the high cost of investment.
Aug 29, 2014, 12:58 PM IST