Tesco profit

Tesco 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 IST

Tesco chairman resigns as profits error deepens

The chairman of Britain`s biggest retailer Tesco resigned on Thursday as the troubled supermarket group said a huge accounting error began earlier than thought and contributed to plunging profits.

Oct 23, 2014, 12:15 PM IST

Tesco cuts profit outlook and suspends staff after accounting error

Britain`s biggest retailer, supermarket group Tesco, has launched an investigation after revealing that it had overstated its half-year profit forecast by £250 million ($409 million, 318 million euros), it said on Monday.

Sep 22, 2014, 12:26 PM IST