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  1. 19 hours ago

    Tesco makes sales gains in central Europe

    Tesco’s international operations are showing signs of stability with an upturn in central Europe, as the company prepares to...

  2. 20 hours ago

    Clarke faces race against the clock in bid to turn round Tesco

    Tesco may be showing signs of improvement in central Europe, but the performance of its domestic arm, which generates...

  1. FT Alphaville

    April 16, 2014

    The (early) Lunch Wrap

    Good morning New York, FT ALPHAVILLE Dan has a look at credit issuance, which is healthy, wealthy, and happening in size....

  2. April 16, 2014

    Tesco: unexpected item in bagging area

    Bad news is not coming in threes for Tesco, but in a stream of painful hits. The shares are a quarter lower than at this...

  3. April 16, 2014

    Tesco helps retailers bounce on FTSE

    Shares in Tesco were at the top of the FTSE Eurofirst 300 after its full-year results were largely free of nasty surprises,...

  4. April 16, 2014

    Tesco chief vows to stay course with turnround plan

    Philip Clarke, chief executive of Tesco, said he would press ahead with his £1bn turnround plan for the supermarket despite...

  5. April 15, 2014

    Tesco investor calls on chief Clarke to check out

    Philip Clarke, chief executive of Tesco, is facing calls from some of its top shareholders to step down, amid the escalating...

  6. April 15, 2014

    Five steps to heaven for Tesco chief Clarke

    As Philip Clarke, chief executive of Tesco, battles to turn round Britain’s biggest retailer – and hold on to his job in the...

  7. April 11, 2014

    Big shareholders warn Wm Morrison managers over performance

    Top 10 shareholders in Wm Morrison have issued warnings to senior management over their stewardship of the supermarket after...

  8. April 4, 2014

    Tesco finance chief bows out stoking fears before results

    The resignation of Laurie McIlwee, finance director of Tesco, has heightened the sense of crisis at Britain’s biggest...

  9. April 3, 2014

    Tesco’s finance director to leave

    Tesco’s finance director is set to resign as early as next week in a sign of further turmoil at Britain’s biggest retailer –...

  10. March 27, 2014

    Supermarket executives set to pay price for falling profits

    Top supermarket executives are poised to pay the price for falling profits, with Dalton Philips, chief executive of Wm...

  11. March 12, 2014

    Tesco’s CEO Philip Clarke looks to the future

    Chief executives almost never talk about their corporate mortality. But Philip Clarke, chief executive of Tesco, showed a...

  12. March 12, 2014

    Tesco’s Clarke pays price for breaking the rule of three

    Seeking belated birthday presents for Tesco chief executive Philip Clarke, who was 54 this month? How about slippers (£20),...

  13. February 26, 2014

    Tesco shares tumble following attacks

    Investors and analysts have attacked Tesco’s fresh attempts to turn round its UK business, sending the shares down as much...

  14. February 25, 2014

    Tesco slowdown heralds end of ‘space race’

    Tesco is to halve the amount of new supermarket space it opens this year and spend £200m lowering its prices, as it attempts...

  15. February 11, 2014

    Tesco working on shake-up of middle management

    Tesco is working on a middle management shake-up that could lead to roles being cut, as Britain’s biggest retailer battles...

  16. January 9, 2014

    UK grocers’ results expose challenges facing the high street

    The UK has surprised on the upside, bouncing back from the verge of a triple dip recession at the start of 2013 to become...

  17. December 4, 2013

    Tesco wheels out trolley full of troubles

    Tesco wheeled out a shopping trolley full of troubles when it announced its third-quarter trading update on Wednesday. The...

  18. FT Alphaville

    December 4, 2013

    The (early) Lunch Wrap

    Good morning New York, FT ALPHAVILLE David notes the passing of Australia’s debt ceiling barely two months after it arrived....

  19. December 4, 2013

    Tesco’s Philip Clarke attacks hard discounters as sales decline

    Philip Clarke, chief executive of Tesco, attacked the so-called hard discounters, as Tesco’s UK sales deteriorated, and...

  20. December 3, 2013

    Asda ratchets up pressure with plan for £200m of price cuts

    Asda is stepping up pressure on Tesco and the other big four supermarkets with £200m of price cuts in 2014. Asda, which vies...

  21. December 3, 2013

    Clarke must move Tesco a Lidl out of its comfort zone

    There is no way round it: if a food retailer continues to lose underlying sales while its costs are rising, its operating...

  22. November 29, 2013

    Tesco flies into trouble over its corporate jets

    Tesco is operating four corporate jets, despite its sales going backwards and its international empire shrinking. Britain’s...

  23. November 26, 2013

    Analysts raise alarm ahead of Tesco’s trading update

    City brokers have raised the alarm over Tesco’s trading update next week, warning of further sales declines in the UK,...

  24. October 2, 2013

    Tesco’s woes abroad suggest retail may be local after all

    When Sir Terry Leahy was in his pomp, Tesco’s international operations set the supermarket group apart from its peers. Under...

  25. October 2, 2013

    Tesco strives to keep all the plates spinning

    At a press briefing to unveil Tesco’s joint venture in China, Frank Lai, finance director of China Resources Enterprise, was...

  26. September 27, 2013

    Tesco hopes Hudl tablet will soothe its ills

    As Philip Clarke, chief executive of Tesco, took to the stage to launch its low-cost tablet in a trendy tech hub in east...

  27. September 23, 2013

    Tesco to enter tablet market with Hudl

    Tesco is poised to break into the tablet market with the £119 Hudl, as Britain’s biggest retailer attempts to reinvent...

  28. September 17, 2013

    Tesco shakes up corporate brokers

    Tesco has shaken up its corporate brokers, parting company with long-term advisers JPMorgan Cazenove and Nomura. Britain’s...

  29. July 31, 2013

    Tesco makes sweeping job changes in Clarke turnround push

    Tesco has made sweeping changes among its senior and middle managers with 50 being made redundant, as chief executive Philip...

  30. June 28, 2013

    Ex-Tesco chairman hits at Leahy ‘legacy’

    Lord MacLaurin, the former chairman of Tesco, has launched a stinging attack on the legacy left by Sir Terry Leahy, and...

  31. June 27, 2013

    Sports Direct in talks with Tesco over sharing space

    Sports Direct, the retailer controlled by Mike Ashley, is in advanced talks to take excess space in some of Tesco’s biggest...

  32. June 21, 2013

    Mix is changing across Tesco outlets

    Turning round Tesco is set to be a long haul. Britain’s biggest retailer has about 850 large stores in the UK and revamped...

  33. June 21, 2013

    Tesco chief’s basket of problems fills up

    When Philip Clarke, chief executive of Tesco, stood before shareholders at their annual meeting in Cardiff, the Welsh...

  34. June 7, 2013

    Oh, woe, Tesco – now here comes Amazon

    It’s one damn’ thing after another for Britain’s biggest grocer. Since pulling out of the US, chopping back its overdose of...

  35. June 5, 2013

    Tesco recovery stalls as sales fall

    Underlying UK sales at Tesco fell 1 per cent over the past three months, raising questions about whether its domestic...

  36. May 23, 2013

    Tesco paid £3m to two outgoing directors

    Tesco revealed that it paid £3m to two outgoing directors as executives lost out on their bonuses after the worst slump in...

  37. April 19, 2013

    Tesco chief steps out of shadows

    Philip Clarke, chief executive of Tesco for the past two years, this week sought to put his own stamp on Britain’s biggest...

  38. April 17, 2013

    Changing times see Tesco shelve landbanks

    Tesco’s stockpiling of land over the past decade came back to bite it on Wednesday as Britain’s biggest retailer was forced...

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