Tesco, the world's no.3 retailer, will test a version of its successful Clubcard loyalty card in the United States as it battles to stem losses at its Fresh & Easy chain. The British supermarket group said on Monday it...
Tesco Plc's incoming chairman Richard Broadbent should conduct a strategic review of its unprofitable U.S. chain Fresh & Easy, a pension advisory firm said.
Tesco, the U.K.’s largest grocer, needs to outline a strategy for profitability at the unit, CTW...
U.K. retailers Marks & Spencer Group Plc, Tesco Plc and J Sainsbury Plc are missing an opportunity by excluding South America from their expansion plans, according to a report by global management consulting firm A.T. Kearney.Brazil is the most...
Tesco plans to create new brands to spruce up its product ranges and appeal to increasingly aspirational shoppers across the world, its new chief executive told Reuters.
Phil Clarke, outlining his strategy for the British supermarket group, also said Tesco...
The UK’s largest grocer Tesco must look hard at its Fresh & Easy operation in the US, according to billionaire investor Warren Buffett.Buffett, who holds a three per cent share in Tesco, was talking at a shareholders conference in...
UK-based supermarket chain Tesco has recorded a 7.6 per cent increase in group sales for the six-week period ended January 8, 2011.Total international sales over the period grew at 14.2 per cent, with strong performances in all three regions:...
Tesco has been named as the top retailer in the Carbon Disclosure Project (CDP)’s 2010 UK FTSE 350 report. The report recognises major UK companies for their environmental work including Sainsbury’s, Marks & Spencer and Morrisons. Tesco is also...
Tesco-owned Fresh & Easy Neighborhood Market announced plans to open ten stores in southern California early next year, bringing fresh, wholesome food at affordable prices to even more neighbourhoods. The company expects to hire more than 210 employees for...
What happened to the so-called British invasion? You know the one where Tesco’s Fresh & Easy small-format food stores were going to sweep across America and turn the U.S. food retailing industry on its head. Fresh & Easy has...
Fresh and Easy is the American expression of British-based Tesco. While Tesco is a large-scale grocery store, Fresh and Easy groceries are located in neighborhood areas, have a smaller footprint and offer a variety of foods, including a large...