Tesco cutting 10,000 jobs, says report
Tesco may be laying off as many as 10,000 employees as part of the company’s effort to become profitable again.
The UK's biggest retailer is...
Tesco is bouncing back from a tough year, sales rose 0.3% over last 12...
According to a survey by the research firm Kantar Worldpanel, Tesco has, for the first time in a year, experienced slight sales growth.
Kantar said that...
Target locations expected to sit vacant in Canada
Target is saying farewell to its market presence in Canada and as a result 133 large retail spaces will be up for grabs later...
Will Tesco suppliers blow the whistle in Groceries Code Adjudicator probe?
The Groceries Code Adjudicator has called on Tesco suppliers to come forward with evidence regarding the supermarket giant’s practices. But will they dare become...
Tesco rewards disastrous ex-bosses with £2.1m Golden Goodbyes
Tesco plc, the world’s second largest retailer, is rewarding two ex-bosses who were at the helm as the company rapidly lost market share and...
Chip Wilson steps down from Lululemon board
The founder of Yoga-wear manufacturer Lululemon, Chip Wilson, is stepping down from the company’s board of directors.
Wilson said that the company is back on...
Hershey Co. to acquire beef jerky maker Krave Pure Foods Inc
Hershey Co. announced plans to acquire the premium beef jerky maker Krave Pure Foods Inc. The purchase will allow the American candy company to...
Waitrose expanding across the UK, creating 2,000 jobs
Upmarket supermarket chain Waitrose says that it will create 2,000 jobs through opening new shops and by expanding existing ones across the UK.
The John Lewis-owned grocer...
Tesco closing its e-book selling service Blinkbox Books
Tesco is giving up on its e-book selling service Blinkbox Books.
The retailer did not manage to secure a deal with Waterstones for the sale...
UK retail bonanza boosted by oil price slump
Retail growth in the UK during the three-month period ending December grew by 2.3% compared to the previous three-month period, the highest growth since...