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Tesco PLC

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  • Foreign grocers struggle in China's fast-moving market Wednesday, 29 Apr 2015 | 11:07 PM ET

    Foreign supermarket and hypermarket chains are struggling to compete in China, moving to revamp store formats and sell online. The Financial Times reports.

  • The Tesco loss is a 'final clean up': Analyst Wednesday, 22 Apr 2015 | 11:20 AM ET
    The Tesco loss is a 'final clean up': Analyst

    Bruno Monteyne, senior analyst at Bernstein, remains positive on Tesco despite its £6.4bn loss, saying this is the "final act of cleaning up" for the company.

  • I regret not holding Tesco: Herro Wednesday, 8 Apr 2015 | 1:00 AM ET
    I regret not holding Tesco: Herro

    David Herro, CIO of International Equity at Harris Associates, tells CNBC that he regrets not holding Tesco given the stock's improved market performance.

  • UK food retail: 'Doomsday thinking' is over Tuesday, 13 Jan 2015 | 11:40 AM ET
    UK food retail: 'Doomsday thinking' is over

    With Sainsbury's overtaking Asda as U.K.'s second biggest retailer, there's been mixed news for the supermarket sector. Bruno Monteyne, senior analyst in European food retail, at Sanford C. Bernstein discusses the current state of U.K. supermarkets.

  • Europe accelerates to close sharply higher on Draghi Thursday, 8 Jan 2015 | 11:30 AM ET
    Europe accelerates to close sharply higher on Draghi

    European stocks surged to close almost 3 percent higher after European Central Bank President Mario Draghi reiterated on Thursday that the central bank was ready to start "full-blown" quantitative easing.

  • Tesco: Past its sell-by date? Thursday, 8 Jan 2015 | 11:20 AM ET
    Tesco: Past its sell-by date?

    CNBC's Catherine Boyle reports on what is in-store for Tesco during 2015.

  • Tesco has a 'fresh pair of eyes' Thursday, 8 Jan 2015 | 11:20 AM ET
    Tesco has a 'fresh pair of eyes'

    Tesco shares soar as it works on a new turnaround, on the same day that Marks & Spencer's drops due to poor Christmas sales. Guy Grainger, U.K. CEO of Jones Lang LaSalle, discusses.

  • Tesco: On the way back up Thursday, 8 Jan 2015 | 5:15 AM ET
    Tesco: On the way back up

    The recent scandals at Tesco do not reflect the overall business, and now we are seeing Tesco pick itself back up, says Bruno Monteyne, senior analyst of European food retail at Sanford Bernstein.

  • Tesco fights to revamp reputation Thursday, 8 Jan 2015 | 4:15 AM ET
    Tesco fights to revamp reputation

    After last year's reputation hit, Tesco is focusing on improving customers' shopping experience and affordability, says Bryan Roberts, retail insights director at Kantar Retail.

  • Tesco has 'lost its way' on pricing: Pro Thursday, 8 Jan 2015 | 2:00 AM ET
    Tesco has 'lost its way' on pricing: Pro

    Rahul Sharma, managing director at Neev Capital, says the slight improvement in Tesco's results might not be a trend. The supermarket reported that like-for-like sales, excluding fuel, fell 2.9 percent in the last 19 weeks.

  • Prices wars in UK Supermarkets Wednesday, 7 Jan 2015 | 4:40 AM ET
    Prices wars in UK Supermarkets

    Sainsburys sales at Christmas did better than expected despite the bad press U.K. supermarkets have received recently. Richard Hunter, head of UK equities at Hargreaves Lansdown discusses the future landscape of UK supermarkets.

  • Microsoft is rushing to catch Amazon in the cloud Tuesday, 23 Dec 2014 | 11:32 AM ET
    A pedestrian walks past the Microsoft campus in Redmond, Wash.

    Microsoft won the software game by selling its Windows suite to the biggest companies. Scott Guthrie's job is to reach some of the smallest.

  • All of Buffett's bad bets add up to a big year Tuesday, 23 Dec 2014 | 8:00 AM ET
    Warren Buffett

    If you think Buffett has lost his touch—with IBM, Coke and Exxon bets all dogs—then why is Berkshire Hathaway crushing the S&P 500 in 2014?

  • Tesco troubles ahead Tuesday, 9 Dec 2014 | 1:12 PM ET
    Tesco troubles ahead

    CNBC's Seema Mody has an update on the accounting scandal within the UK's biggest grocery chain.

  • Europe closes down 2% after oil hits $65 Tuesday, 9 Dec 2014 | 11:30 AM ET
    Europe closes down 2% after oil hits $65

    European shares closed sharply lower on Tuesday as a slide in the oil price and Chinese and U.S. equities weighed on investor sentiment.

  • No more shenanigans from Tesco? Tuesday, 9 Dec 2014 | 11:15 AM ET
    No more shenanigans from Tesco?

    Tesco has issued another profit warning, but CEO Dave Lewis says he is "quietly optimistic". Bruno Monteyne, an analyst at Bernstein, discusses.

  • Tesco issues another profit warning Monday, 8 Dec 2014 | 7:00 PM ET
    Tesco issues another profit warning

    Tesco's woeful year continued on Tuesday after the U.K. supermarket issued another profit warning saying that it did not expect full year profit to exceed £1.4 billion ($2.2 billion).

  • Black Friday blame? It's your own fault Monday, 1 Dec 2014 | 1:16 PM ET
    Shoppers outside Best Buy in Newport, New Jersey.

    Retailers including Best Buy and Cabela's experienced major glitches over the Black Friday shopping period.

  • Black Friday web sales 'biggest in history': Firm Saturday, 29 Nov 2014 | 11:30 AM ET
    Online shopping on tablet computer

    Internet sales were up 20.6 percent on Black Friday compared to 2013, making it "the biggest shopping day in U.S. history," Custora said Saturday.

  • Black Friday (literally): Best Buy site goes dark Saturday, 29 Nov 2014 | 8:02 AM ET
    Best Buy

    Best Buy's website was down on Friday morning, during one of the busiest shopping days of the year, and again in the evening.