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Tesco

Tesco delivers a great Christmas

UK-based supermarket chain Tesco has recorded a 7.6 per cent increase in group sales for the six-week period ended January 8, 2011.Total international sales over the period grew at 14.2 per cent, with strong performances in all three regions:...

TESCO recognised as top retailer on climate change

Tesco has been named as the top retailer in the Carbon Disclosure Project (CDP)’s 2010 UK FTSE 350 report. The report recognises major UK companies for their environmental work including Sainsbury’s, Marks & Spencer and Morrisons. Tesco is also...

Noel Tata is MD of Tata International

Noel Naval Tata has been appointed the Managing Director (MD) of Tata International on July 29 by Tata Group. He will cease to be the MD of Trent with effect from August 12 and will be based out of...

Fresh & Easy announces ten new California stores

Tesco-owned Fresh & Easy Neighborhood Market announced plans to open ten stores in southern California early next year, bringing fresh, wholesome food at affordable prices to even more neighbourhoods. The company expects to hire more than 210 employees for...

Polish private label market grows 29 per cent

As a result of buoyant sales at hypermarkets and discount stores, which surged by 34 and 31 per cent, respectively, the value of the Polish private label market grew by 29 per cent in 2009. This was revealed in...

Consumer electronics retailers in private label push

Electronics retailers have been forced to scale back their reliance on manufacturer brands while investing heavily in private label and own brand ranges in response to non-specialists eating away at both their market share and margins, according to Verdict...

Geared To Succeed

Honda could make a place in the Indian two-wheeler market, because it understood the pulse of the country, and not because it could make ‘powerful’ bikes. But it seems what Honda learnt way back about the mindset of Indian...

Thinking Small

What happened to the so-called British invasion? You know the one where Tesco’s Fresh & Easy small-format food stores were going to sweep across America and turn the U.S. food retailing industry on its head. Fresh & Easy has...

Tesco poised for rapid growth

According to Planet Retail’s 2010 Global Retail rankings, Tesco is expected to add nearly $50 billion in sales by 2014. The UK-based Tesco is likely to grow group business by 50 per cent to reach $146 billion by 2014....

Tesco unveils succession plan post Leahy retirement

Tesco CEO Sir Terry Leahy has decided to retire in March 2011 after 14 years as CEO. The Tesco Board has moved to implement its long-term succession plan, with Philip Clarke succeeding Sir Leahy and a number of other...
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