UK retailing is now entrenched in a trend of declining profitability, though many – particularly the investment and landlord communities – remain in denial.
It can often be difficult, for a cynic such as myself, to differentiate between an outbreak of opportunistic bandwagon jumping and a genuine sea change in corporate behaviour.
Tesco has issued a set of preliminary results that underscore its recovery and set the expectation for brighter times ahead.
Tesco answered many of its critics today when it beat analysts’ expectations by posting a spike in full-year earnings.
Large corporations are often accused of struggling to connect with their target consumer. Tesco took customer feedback on board to deliver a heartfelt and meaningful ad campaign that landed
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