Debenhams issues third profit warning this year

Debenhams has issued yet another profit warning.  The UK department store expects full-year profits to be lower than expectations due to “increased competitor discounting and weakness in key…

Tesco reports solid first quarter sales growth

Tesco reported a 3.5% increase in UK and Irish sales in the first quarter of the year. Group sales, which also includes Asia and eastern Europe, rose 1.8%, up from 1.0% growth a year earlier,…