The Slovak government has asked the European Commission to extend
its inquiry into Tesco and Carrefour's proposed supermarket swap,
fuelling speculation of a burgeoning reluctance to give global
retailers free rein in new markets.
Marks and Spencers and Sainsburys are sending senior managers on a
new training course that promises to teach mainstream business
leaders about the ethics of product sourcing in a bid to improve
supply chain relations.
While William Morrison Supermarkets is reportedly on the hunt for a
new chief executive, it has issued another warning that it is
having a hard time digesting its £3.35bn (€5bn) acquisition of
Safeway last year, reports Ahmed ElAmin.
British retailer Tesco, which this week became the first UK
supermarket to break the £2 billion profit barrier, plans to build
on a strong performance across Eastern Europe by adding more than
30 stores in the region this year, increasing...
Tesco has become the first British supermarket to break the £2
billion profit barrier, leaving its rivals for dust and forcing it
to look outside the UK for extra growth opportunities - yet rising
costs may make the coming year more...
Britain's food retail sector is becoming increasingly price
focused, with groups such as Tesco and Asda leading the move
towards every day low pricing (EDLP). But recent research from UK
think tank IGD suggests that companies...
Hot on the heels of last year's entry into the Chinese market,
Britain's leading food retailer Tesco has strengthened its business
in South Korea with the acquisition of a number of stores from the
Aram Mart group. The move...