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Tesco chief executive Philip Clarke said he is determined to see through the turnaround of Tesco and vowed the grocer will emerge as a leader once again.
Read the Land Securities Retail A1 magazine as a fully digital edition.
Tesco reported a fall in full-year profits today. Here, chief executive Philip Clarke talks about the results.
March retail sales fell 1.7% on a like-for-like basis due to the timing of Easter, which falls later this year.
Inflation fell to 1.6% in March, down from 1.7% in February and the third consecutive month it has been below the Bank of England’s 2% target.
Poundstretcher full year like-for-like sales jumped 3% last year driven by its store refresh programme and extended food and toiletry ranges.
Pawnbroker Albemarle & Bond has been bought out of administration by an international investor group led by private equity firm Promethean Investments.
Follow all the reaction to Tesco’s full-year results with deputy editor Jennifer Creevy.
The turmoil at the Co-op hasn’t abated since former boss Euan Sutherland left the business in March. Here’s what it means for the business, and other high profile moves last month.
As Marks & Spencer’s clothing division achieved its best performance in three years, the focus on enhancing quality and style across womenswear and menswear is starting to pay off.
With the window for retail IPOs now well and truly open, at least for the time being, the list of potential floats now appears to stretch out well into the second half of 2014.