Tesco

For the US-based enterprise software company Planview, its India centre is not just a digital twin but a digital next generation

Barclays will take on Tesco's existing banking operations in credit cards, loans and savings, adding 8.3 billion pounds of unsecured loans and around 6.7 billion pounds of deposits

Seeing interest from Primark, Marks & Spencer, Tesco, Decathlon

UK-based retail giant is 'at the table with the leaders' in Indian business services industry, says Sumit Mitra.

British supermarket chain Tesco warned Tuesday that more than 1,600 workers are at risk of losing their jobs because of changes to its stores and gas stations. The retail giant said many of the jobs are at risk after it removes overnight shelf-stacking roles at many shops. Three dozen gas stations also will be converted to pay-at-pump only during overnight hours, Tesco said. The company said it was aiming to reassign all affected staff. Tesco said Monday that it was planning to close its discount supermarket arm, Jack's, with seven stores shutting for good and the remaining six becoming Tesco shops. It also announced it was closing meat, fish and deli counters in over 300 stores. Customers' shopping habits have changed since the start of the coronavirus pandemic, Tesco UK and Republic of Ireland chief executive Jason Tarry said. The retailer told shareholders last month that it expected to post record profits of more than 2.6 billion pounds ($3.5 billion) for the current financial

First-half core retail profit up 16.6% ; launches 500 mn pound share buyback

Tesco is Britain's biggest supermarket

Grocery giant Tesco on Monday said it would create 16,000 new permanent jobs in Britain to support the exceptional growth in its online business since the start of the Covid-19 pandemic.

The reverse merger may bulk up valuations ahead of an IPO in two years, but questions about the performance of the wholesale business remain

The company said the review was at an early stage and gave no details of the approaches received.

Walmart Labs has about 3700 people in India and most of them are based in Bengaluru

Tesco, which had a 27.2 per cent share in the latest data from sector researcher Kantar, has largely outperformed main rivals - Sainsbury's, Asda and Morrisons over the past year

Chief Executive Officer Dave Lewis is expected to update Tesco staff early this week and will be forced to go through redundancy negotiations, the report said

The FSA said its priority was to ensure that consumers could be confident that the food they eat is what it says it is

Tesco says it works hard "to make sure all our colleagues are paid fairly and equally for the jobs they do

Tesco said it would take a one-off charge of 235 mn pounds in its 2016-17 results, due on April 12

Tesco's investors Schroder Investment Management and Artisan Partners are against the transaction

John Allan said women and people from an ethnic background were in an extremely propitious period

Tesco has been expanding rapidly in emerging markets to bolster sluggish growth in western Europe

This deal reasserted its dominance in food with a bold move into the faster-growing catering market