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Tesco’s cost cuts can’t offset shrinking U.K. margins, as pricing turns more competitive in a tough market. Find out why ...
The move sent shares in Tesco, led by boss Ken Murphy (pictured) down 6.2% as rival Sainsbury's fell 3%. M&S recovered to end ...
Its forecasting profits of between £2.7bn and £3bn compared with the £3.1bn it made for the financial year that's just ended.
The escalating price war among UK supermarkets will come as some relief for consumers, who are seeing food inflation creep up ...
Tesco , Britain's biggest food retailer, warned on Thursday its profit would likely fall this year as it set aside cash to ...
Tesco is cutting an additional £500m of costs amid escalating costs and falling profits, saying it needs the 'flexibility and ...
Tesco currently has an 'Aldi Price Match' initiative, which sees the supermarket giant match the German discounter on over 500 products. It told shareholders on Thursday it expects to see adjusted ...
The supermarket giant is set to release its new pricing strategy after competitor Asda dramatically lowered its costs to try ...
This investor is open to adding another FTSE 100 dividend stock to his portfolio to build up a second income. But is Tesco ...
Sainsbury’s boss Simon Roberts vowed to defend the supermarket’s “strong competitive position” amid a possible price war in the sector.
Tesco shareholders will be hoping for reassurance over continued sales growth and robust profits this week amid the prospect ...
Tesco has warned of lower profits in the year ahead as a price war grips the UK grocery sector. Britain’s largest supermarket ...