Tag archive for ‘TESCO PLC’
News Brief On Thursday, October 22nd, 2015

Fresh & Easy begins closing down stores

  Nearly eight years after its debut, the British-conceived supermarket chain Fresh & Easy is ending its American grocery experiment by closing or selling its remaining 100 stores. The struggling More...

Ilan Shavit On Wednesday, August 12th, 2015

Bids to be slashed for Tesco’s data company Dunnhumby

  Tesco PLC’s Dunnhumby data analysis has had to drastically scale back ambitions for the sale with a price of up to £2 billion ($3.11 billion). as bidders were discouraged by lower than expected More...

Eli Horn On Wednesday, April 22nd, 2015

Tesco Posts Worst-Ever Losses Amid Signs of Recovery

British grocery chain Tesco on Wednesday reported its worst full-year results ever, with losses of £6.4 billion for 2014-15, although there are indications of a possible turnaround. While the company struggles More...

Eli Horn On Friday, January 9th, 2015

British Supermarket Tesco Announces Comprehensive Turnaround Plan

    Tesco CEO Dave Lewis has unveiled his plan to turn around the struggling British grocer, with drastic reductions in its head office staff, the company dividend, its video service and pension More...

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