Tesco new finance chief to start sooner - UK
Fin24 - Sep 23rd 2014, 11:02
London - Tesco, Britain's biggest grocer, said Alan Stewart, will join the firm as chief financial officer from Tuesday, rather than the previously announced date of December 1.
Stewart quit from the same role at Marks & Spencer on July 10 to join Tesco but had since been on a period of so-called "gardening leave".
Tesco wanted to get Stewart early after revealing on Monday an accounting issue that had led it to overstate its first half profit forecast by £250m.
Profits fall at Aldi UK but continuing expansion drive
18/09/2019 - 10:35
Aldi’s British and Irish arm saw its profits fall by more than a quarter last year due to price cuts and investment in its infrastructure. However, the discounter reaffirmed its plans to continue its rapid expansion, with London now a key area of focus.
Unilever, Tesco, Nestlé ranked top on meat alternatives
08/08/2019 - 10:39
Unilever, Tesco, and Nestlé are among the best prepared to capitalise on the trend for plant-based meat substitutes, according to a report from an investor group managing $5-trillion in assets.
Tesco to cut 4,500 jobs in Metro restructuring
06/08/2019 - 13:55
British supermarket chain Tesco is cutting about 4,500 jobs from its Metro stores to improve the efficiency of a format that is increasingly used by customers daily rather than for a traditional weekly shop.
Tesco says no timetable for 'finest' store launch
20/06/2019 - 09:10
Tesco, Britains biggest retailer, said it is considering a trial of an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when or where the pilot will be launched.
A Woolworths window display wins big in London
18/06/2019 - 11:34
A Woolworths window display that incorporated milk bottles and plastic hangers has snapped up a prestigious global award.