Tesco

Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs. Tesco, which is Britain's biggest retailer, will carry out a reduction of around 4,500 colleagues as the group experiences...

Marico Limited, one of India’s leading FMCG majors has launched a range of vegan gourmet products under the brand name ‘Coco Soul’. The range includes 100 percent organic virgin coconut oil, 100 percent natural virgin coconut oil and 100...

By 2020, 100 million people would shop in-store and online using Augmented Reality (AR), enabling people to visualise products in different settings, market research firm Gartner said on Monday.Once technologies like AR and Virtual Reality (VR) get powered by...

Tesco has recently announced that the brand is making some strategic changes to further simplify the business and this might affect jobs of 9,000 employees."Since we launched our turnaround four years ago, we have built a stronger business focused...

The Government should consider permitting 100 percent foreign direct investment (FDI) in multi-brand retail trade and further improve ease of doing business for the sector to promote growth in the segment, industry body CII said in a report Tuesday.These...

The prolonged heatwave in the UK and major sporting events boosted spending on summer items such as outdoor and gardening products, BBQ food and holiday clothing, with consumers judging Tesco to be the retailer that had promoted its summer...

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Tesco has conducted a detailed review of Tesco Direct, its non-food website, and has concluded that, despite its best efforts, there is no route to profitability for this small, loss-making part of the business.Tesco Direct has faced a number...

Upbeat on the economic prospects of the country over the next 3-5 years, Tata group company Trent Ltd has undertaken aggressive expansion plans for its retail chain Westside, a top company official said today.According to a PTI report: The...

Tesco is cutting 1,200 jobs at its head office and support centres as part of a major cost-cutting drive as the UK grocery leader adjusts to increasing cost pressures. Tesco said in a statement that the head-office cuts are “a...