Tesco: latest retail news and insights | ESM Magazine

Asda Refinances Over €3.7bn Of Debt

Asda has refinanced over £3.2 billion (€3.7 billion) of debt, pushing out the majority of its maturities into the next decade.

Easter Boosts Irish Grocery Sales In Latest Four Weeks: Kantar

Take-home grocery sales in Ireland increased by 4% in the four weeks to 14 April 2024 as shoppers spent more in-store than usual in preparation for Easter...

Ocado, Lidl The Best Performers In 12 Weeks To Mid April: Kantar

Ocado was the fastest-growing retailer in the UK grocery market in the 12 weeks to 14 April, new data from Kantar has shown, with the online operator seein...

Tesco Committed To Central Europe Despite Profits Falling By 50%

Tesco chief executive Ken Murphy has said that the retailer is "committed" to Hungary and the other Central Europe markets in which it has a pres...

Tesco Full-Year Results – What The Analysts Said

Tesco has reported a 6.8% increase in retail like-for-like sales in its 2023/24 financial year. Here's how industry analysts viewed its performance.

Tesco Expects Profits To Increase In 2024/25 Full Year

Tesco has forecast a further increase in profit in its new financial year as strong demand and new customers helped it to post a 11% jump in 2023/24.

Ahold Delhaize, Tesco, Woolworths, Sobeys And Shoprite Team Up On Collaborative Retail Venture

Five leading international retailers, including Ahold Delhaize, Tesco, Woolworths Group, Empire Company Ltd/Sobeys Inc. and Shoprite Group have teamed up t...

UK's John Lewis Names Ex-Tesco Executive Jason Tarry As Its Next Chair

Britain's John Lewis Partnership has appointed former Tesco executive Jason Tarry as its next chair, following Sharon White's decision to step down from th...