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British supermarket News

British supermarket

14 Jan 2016

Tesco says Q3 sales dip, but improve over Christmas

07 Oct 2015

British supermarket Tesco reports £365 million loss in first half

Tesco is seeking to overhaul its business after reporting the biggest annual loss in its near 100-year history of £5.74 billion for the year to February.

26 Jun 2015

Britain's Tesco reports improvements despite sales drop

British supermarket giant Tesco reported a 2.0 percent drop in sales for its first quarter Friday and warned of "volatility" but said performance was improving following a record annual loss.

15 Feb 2015

Tesco to cut up to 10,000 jobs - Sunday Telegraph

Britain`s biggest supermarket Tesco could cut up to 10,000 jobs as part of its attempts to halt a slide in profits, The Sunday Telegraph newspaper reported.

14 Jan 2015

British supermarket Sainsbury`s to cut 500 jobs

British supermarket group Sainsbury`s is to axe 500 jobs as part of a plan to cut costs by 500 million pounds ($760 million, 645 million euros), it announced on Tuesday.

British supermarket

29 Aug 2014

Tesco issues new profit warning, slashes dividend

Troubled British supermarket giant Tesco on Friday issued another profits warning and slashed its shareholder dividend by 75 percent, blaming challenging trade and the high cost of investment.

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