Rahul Sharma, founder and managing director at NEEV Capital, comments on sales results from Tesco and Sainsbury's and explains how they are underperforming the broader sector.
Tesco has unveiled a brand new concept store in the UK in Watford. Tesco Extra is the latest experiment in transforming the supermarket into a retail destination.
Tesco is leaving the U.S., saying a number of parties are interested in buying all or part of Fresh and Easy's 200 stores, reports CNBC's Jane Wells.
Tesco CFO Laurie McIlwee discusses why the UK supermarket chain has suffered negative same-store sales for 18 months. Tesco's reported earnings early on Wednesday.
UK retail chains Sainsbury's and Tesco both reported earnings early on Wednesday. Jim McCaughan, chief executive of Principal Global Investors, tells CNBC which he thinks is the better stock pick.