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Tesco PLC news

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Tesco chief defends plan for recovery
Philip Clarke, chief executive of Tesco, was forced to defend his �1bn recovery plan for the retailer's domestic business, after underlying UK sales slipped for the fourth consecutive quarter.
Tesco U.K. Sales Decline Persists as Shoppers Stay Away  Bloomberg
Tesco to target customers according to their wealth by using their Clubcard ...
Tesco is to divide its customers into rich and poor by using Clubcard data to personalise its website to display items geared towards your wealth.
Lucy Neville-Rolfe: Store executive made dame
Lucy Neville-Rolfe, who becomes a dame in the Queen's birthday honours, is one of the best known women in the retail sector. Dame Lucy Neville-Rolfe, 59, is corporate and legal affairs director at Tesco, the country's biggest supermarket chain by ...
Tesco uses data to offer deals based on web shopper habits
Tesco chief executive Philip Clarke said the grocer wanted to treat customers like “friends” in tailoring ranges to their tastes using online shopper data as well as Clubcard data to see what shoppers purchase in store.
Stock to Watch: Home Retail Group
This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall.
M&S to launch bank with HSBC
Other retailers have delayed their entry into the market as they grapple with a challenging regulatory and economic backdrop. Tesco has repeatedly postponed its planned launch of mortgages and is unlikely to start offering current accounts until at ...
Secret donors and foreign firms bankroll Diamond Jubilee celebration
But despite the estimated �823m expected to pour into UK plc this weekend according to, British businesses proved tight-pursed when it came to raising the necessary funds for the celebration's piece de resistance, the advertising ...
Tesco bolsters digital services with We7 purchase
UK supermarket giant Tesco has revealed that it has bought a 91 per cent stake in music streaming site We7. The move is yet another bid by Tesco to increase its digital portfolio, with We7 nestling nicely next to online movie provider BlinkBox - a ...
Tesco has apologised after putting the wrong fuel in the tanks
Tesco has apologised to customers after diesel was put in the petrol tanks at a garage in Catterick Garrison. It meant customers unknowingly filled up filled up with the wrong fuel.
Tesco continues to lose out to rivals
The rivalry between supermarket giants Tesco and Sainsbury's will be in focus this week when the pair issue trading updates.