All Tesco articles – Page 110
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NewsTesco and auditor PwC to be investigated by Financial Reporting Council
The Financial Reporting Council (FRC) has launched an investigation into the role auditor PwC has played in the overstating of Tesco profits.
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NewsTesco suppliers embroiled in Serious Fraud Office investigation
Suppliers are expected to be interviewed by the Serious Fraud Office (SFO) as part of the investigation into Tesco’s profit overstatement.
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NewsSir Terry Leahy predicts turnaround for big four grocers in 2015
Former Tesco boss Sir Terry Leahy is predicting a turnaround for the big four supermarkets in 2015 and a more buoyant Christmas this year.
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NewsBreakfast briefing: Retail news on Tesco, Zara, Panic Saturday and more
Retail news round-up on December 22, 2014: SFO to probe Tesco suppliers; Zara launches home store format; shoppers spend £1.2bn on ‘panic Saturday’; retailers poised for record online Christmas Day spending; Sainsbury’s boss Mike Coupe warns of two more years of pain.
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NewsBreakfast briefing: Retail news on Amazon, Ikea, consumer confidence and more
Retail news round-up on December 19, 2014: Amazon launches one hour delivery service; Ikea suspends sales in Russia; Christmas delivery delays impact etailers; Consumer confidence dips; Tesco Mobile launches personalised gif shop
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NewsVince Cable seeks meeting with Tesco’s Lewis amid job fears
Business secretary Vince Cable has asked for a meeting with Tesco chief executive Dave Lewis to find out how he intends to turn around the retailer.
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NewsBreakfast briefing: Retail news on Tesco, Ikea and Virgin Wines
Retail news round-up on December 18, 2014: Tesco’s accounting black hole may be bigger than feared, Ikea customer anger over delivery delays, Virgin Wines offers locker collection service
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OpinionComment: The nightmare hire that could have been avoided
Retailers should carry out thorough checks on job candidates before hiring to avoid costly and embarrassing situations.
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NewsGrocery market returns to 'marginal' growth despite big four declines
The grocery market returned to “marginal growth” in the 12 weeks ending December 7 after shoppers put more items in their baskets.
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OpinionComment: Retail ‘labs’ create the impression of forward movement
Retail has always been adept at purloining words that have little to do with the business of buying and selling, the retail ‘lab’ is a prime example.
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NewsTesco tasks PwC with auditing stock management as it scraps supplier fees
Tesco has tasked its auditor PricewaterhouseCoopers with scrutinising stock management as it shakes up the sector by scrapping supplier fees.
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NewsBreakfast briefing: Retail news on Tesco, Amazon, Sports Direct and more
Retail news round-up on December 15, 2014: Tesco asks PwC to scrutinise stock, Amazon error results in products being sold for 1p; UK’s firs social supermarket opens; and Mike Ashley loans Sports Direct £40m.
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OpinionComment: Never underestimate the power of ‘new’ in retail
While many shoppers turn to online for convenience, stores will always attract consumers who want new and unique products.
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NewsBreakfast briefing: Retail news on Black Friday, Walgreens, Tesco, and business rates
Retail news round-up on December 11, 2014: Black Friday biggest shopping day, Walgreens boss to retire, business rates thrown into question, and more.
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NewsTesco offers fine wine in its latest 24-hour social shopping event
Tesco is running a flash 24-hour ‘co-buy’ campaign in which shoppers are encouraged to share deals on social media to receive discounts on cases of fine wine.
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AnalysisRetail Week’s 12 days of Christmas: The unsung heroes of retail
Who are the unsung heroes of Christmas 2014? We asked retailers to nominate employees who are helping to make Christmas happen this year.
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NewsBreakfast briefing: Retail news on Tesco, Amazon and more
Retail news round-up on December 10, 2014: Tesco says ‘no right to appeal’; Abercrombie & Fitch chief departs; Harvey Nichols expands; and more.
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OpinionComment: Tesco's clean-up is necessary, but will investors stick with it?
Tesco chief executive Dave Lewis can’t put a timeframe on the turnaround of the grocer. And it’s probably just as well.
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AnalysisTesco profit warning: Five 'significant' changes boss Dave Lewis has made
Despite today’s profit warning, Tesco chief executive Dave Lewis insists he is changing the grocer for the long term.
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AnalysisTesco issues full-year profit warning: What the analysts say
Tesco has warned its profits for the full financial year will not exceed £1.4bn, well below the £1.8bn to £2.2bn initially expected.