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  1. September 22, 2014

    Tesco in turmoil after profits overstatement

    Tesco, Britain’s biggest retailer and one of its great corporate success stories of the last decade, has been thrown into...

  2. FT Alphaville

    September 22, 2014

    Of Tesco value points and returns

    As already noted, the sharp plunge in Tesco’s share price on Monday following news of its profit overstatement comes with...

  1. September 2, 2014

    How investors ignored the warning signs at Tesco

    Since starting Fundsmith the stock which I have most frequently been asked about, and implored to buy, is Tesco. Yes, the...

  2. August 31, 2014

    Is Manchester United the new Tesco?

    Take a rock-solid British company: a market leader at home for years, in which time it has achieved increasing penetration...

  3. July 29, 2014

    Leading names of Leahy era enjoy mixed fortunes post-Tesco

    After Philip Clarke took the helm of Tesco in 2011, few of the cadre of senior managers assembled by his predecessor Sir...

  4. July 29, 2014

    Wm Morrison marches in step with discounters

    Nearly three years ago to the day, Tesco veteran Andy Higginson announced he was quitting the supermarket, having lost out...

  5. July 21, 2014

    A stepping stone links Tesco’s Philip Clarke and Man Utd’s Moyes

    Shortly after Philip Clarke made his surprising – and, it turns out, prescient – admission at a conference in March that his...

  6. July 21, 2014

    Philip Clarke failed to build on Leahy legacy at Tesco

    Philip Clarke was due to celebrate 40 years at Tesco with a swanky party on Tuesday thrown by the retailer’s chairman, Sir...

  7. July 20, 2014

    Buyout group KKR poised to take stake in The Hut

    Private equity group KKR is poised to take a stake in fast-growing ecommerce group The Hut in a deal that will value the...

  8. June 16, 2014

    Wizz a damp squib but the IPO market soldiers on

    It was the sudden evaporation of investors, not the lack of a silent H, that dashed Wizz Air’s hopes of exploding on to...

  9. FT Alphaville

    June 12, 2014

    The (early) Lunch Wrap

    Good morning New York, FT ALPHAVILLE David notes confirmation of the actual piles of cash flown into Greece Dan finds that...

  10. June 12, 2014

    B&M IPO delivers £1bn payday for owners

    Shares in B&M rose more than 5 per cent in informal trading after the biggest London listing of the year took the discount...

  11. June 4, 2014

    Decline of Tesco’s retail empire calls for a Constantine

    The knives are out for Tesco. Powerful fund managers are likely to seek a boardroom shake-up if performance does not...

  12. May 29, 2014

    Australian etailer MySale looks to London for listing

    Australian fashion retail website MySale, backed by Sir Philip Green, plans to float in London next month, despite mixed...

  13. May 26, 2014

    Online health and beauty retailer The Hut rules out IPO this year

    The Hut Group, the fast-growing online retailer, has ruled out an initial public offering this year, amid concerns about...

  14. May 22, 2014

    Bargain store chain B&M aims for £2.5bn valuation in IPO

    B&M, the bargain store chain chaired by former Tesco boss Sir Terry Leahy, has confirmed plans to press ahead with an...

  15. May 22, 2014

    Flurry of IPO announcements while Fat Face retreats

    London IPO contrasts Diverging fortunes on the UK’s market for initial public offerings is raising questions among some...

  16. May 8, 2014

    Tesco steps up hard discounter offensive

    Tesco has stepped up its offensive against the hard discounters and pound stores, dedicating aisles in its stores to...

  17. 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...

  18. 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...

  19. February 14, 2014

    B&M joins queue of retailers planning to float

    B&M, the UK discount retailer chaired by former Tesco boss Sir Terry Leahy, has firmed up plans for a flotation in London...

  20. FT Alphaville

    November 28, 2013

    The discount hammer, UK retail redux

    Remember Sir Terry Leahy, driver of the Tesco retail steamroller for more than a decade? New stores, lower prices, chug chug...

  21. 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...

  22. September 16, 2013

    The Hut prepares for IPO in early 2014

    The Hut Group, the online retailer backed by Sir Terry Leahy, is preparing an initial public offering early next year, in...

  23. September 3, 2013

    UK start-ups turn to private investors for funding

    Bob Holt has been investing in start-up companies for 20 years but seldom before has his money been in as much demand. The...

  24. 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...

  25. May 7, 2013

    Diageo: beverage plans

    The successful, longstanding chief executive of a consumer company steps down, to be replaced by an insider who has also...

  26. 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...

  27. April 17, 2013

    Lombard: Tesco – Lessening the Leahy legacy

    Philip Clarke was in buoyant mood on Wednesday for a chief executive who has just announced the worst full-year pre-tax...

  28. April 8, 2013

    Tesco counts cost of failed US venture

    Tesco is poised to finally admit defeat in the US next week, when it is set to count the cost of the failed venture Fresh &...

  29. March 7, 2013

    Pennycook named as chairman of The Hut

    Richard Pennycook, the outgoing finance director of Wm Morrison, will on Friday be named as chairman of The Hut, the...

  30. February 24, 2013

    Liverpool festival is UK global showcase

    Plans will be launched on Monday for a government-backed International Festival for Business in Liverpool, billed as...

  31. February 14, 2013

    Browett returns to UK high street

    The Briton who left Dixons for a short stint as head of Apple’s global retail stores is returning to the UK high street as...

  32. December 11, 2012

    Tesco – trouble at home

    He has finally done it. After months of dithering, Philip Clarke, Tesco’s chief executive, has decided to pull the plug on...

  33. December 7, 2012

    Tesco must count cost of foreign forays

    Tesco finally pulled the curtain down on its ill-fated American adventure this week, setting up a review of its US business...

  34. December 5, 2012

    American dream that died for Tesco

    From its 300,000 square ft manufacturing facility shimmering on the edge of the California desert, to its supermarkets...

  35. December 5, 2012

    Sage story should be about sales

    Talking about growth is supposed to be the easy part. Even as mature sectors skip lightly over the outlook for sales to...

  36. December 4, 2012

    Tesco signals end of American dream

    Tesco is set to signal today that it is calling time on its American dream, with a review of its lossmaking Fresh & Easy...

  37. December 3, 2012

    Sir Terry Leahy joins B&M as chairman

    Sir Terry Leahy is taking his first senior job in retail since standing down as Tesco chief executive last year, joining the...

  38. October 30, 2012

    Apple exit frees Browett for new role

    John Browett’s departure from Apple marks an abrupt change of fortunes following his appointment just six months ago. Mr...

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