Tesco: latest retail news and insights | ESM Magazine

UK Retail Sales Slump Points To New Risk Of Recession

British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy entered recession late last...

Sainsbury's To Gradually Withdraw From Banking

Sainsbury's said it would wind down its banking business and instead offer financial products through third parties, as part of a strategy to focus on its...

Meat Producer Cranswick Upbeat On Annual Profit After Strong Christmas Sales

British meat producer Cranswick forecast annual profit ahead of its previous expectation, helped by stronger-than-expected trading in the Christmas quarter...

Sir Dave Lewis Named Operating Advisor To CD&R Funds

US investment firm Clayton, Dubilier & Rice (CD&R) has appointed Sir Dave Lewis as an operating advisor to CD&R funds.

5 Things We Learned From Tesco's Q3/Christmas Media Call

ESM examines five key takeaways from the Tesco media call this week, following the publication of the retailer’s third quarter/Christmas trading stat...

Tesco Third-Quarter Results – What The Analysts Said

Tesco has reported a bumper Christmas. Here's how analysts and industry commentators from Third Bridge, GlobalData, Bernstein, Shore Capital, AJ Bell and P...

Tesco Updates Full-Year Guidance Following Strong Christmas

Tesco has updated its profit guidance for the year, following what it said was a 'stronger trading performance than anticipated' in its third quarter and C...