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Tesco

Tesco poised for rapid growth

According to Planet Retail’s 2010 Global Retail rankings, Tesco is expected to add nearly $50 billion in sales by 2014. The UK-based Tesco is likely to grow group business by 50 per cent to reach $146 billion by 2014....

Tesco unveils succession plan post Leahy retirement

Tesco CEO Sir Terry Leahy has decided to retire in March 2011 after 14 years as CEO. The Tesco Board has moved to implement its long-term succession plan, with Philip Clarke succeeding Sir Leahy and a number of other...

Tesco’s group sales up 8.2 per cent

Tesco posted a robust 8.2 per cent increase in group sales for the 13-week-period ended May 30, 2010. The company's total international sales also increased by 11.9 per cent at actual exchange rates excluding petrol (5.3 per cent at...

Bharti Wal-Mart’s Best Price Modern Wholesale at Punjab

After opening its first store in May last year in Amritsar, Bharti Wal-Mart Private Limited – JV between Bharti Enterprises and Wal-Mart Stores Inc for wholesale, business-to-business, cash-and-carry and back-end supply chain management operations in India – today rolled-out...

Berlin to host World Retail Congress

After three successful years in Barcelona, this year the annual World Retail Congress (WRC) will take place in Berlin, Germany with full aim to drive growth in the global retail economy, promote the benefits of global retail excellence and...

Ruci & Idoni gears for expansion

The gourmet food and grocery retail chain, Ruci & Idoni, which currently runs two stores in Hyderabad, is set to expand its footprint. Talking exclusively to IndiaRetailing on the same K.Vishnu Vardhan, head operations, Ruci & Idoni says, “In...

Fresh and Easy grocery store opens in Ahwatukee

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...

Tesco to close Middleton distribution centre

Tesco is closing its Middleton distribution centre and relocating the work to Widnes in a move which will affect 620 staff.The supermarket chain said they would be offered work at other sites or, in the case of drivers, transferred...

New Tesco store in Newtown to open after delay

Tesco is finally expected to open a new store in Powys after facing a legal threat from a council.The supermarket in Newtown had been due to open before Christmas, but road works on the site were not finished. Powys...

Tesco chief slams ombudsman plans

Government plans to introduce a watchdog to settle disputes between supermarkets and suppliers could hurt consumers, the chief executive of Britain's biggest grocer, Tesco, told the Financial Times in an interview.The competition watchdog asked the government last year to...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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