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Tesco PLC

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  • Tesco investigating profit overstatement     Monday, 22 Sep 2014 | 4:35 AM ET

    Tesco's stock price fell to its lowest level since 2003 after the group announced it had launched an investigation into a misstated profit, CNBC's Catherine Boyle reports.

  • Ewen Cameron Watt, chief investment strategist at BlackRock Investment Institute, says that the Tesco announcement that it has overstated its half-year profits could be the start of a clean-up of the business as new management steps in.

  • While the venture with Tesco will weigh on its profits in the near term, China Resources Enterprise will gain expertise from the partnership, says Charles Yan, Head of Greater China Consumer Research at Standard Chartered Bank.

  • Tesco's strategy 'still the same': Pro     Friday, 27 Jun 2014 | 4:40 AM ET

    Bruno Monteyne, senior analyst for European food retail at Sanford C. Bernstein, says Tesco's management is not dealing well with a changing U.K. food retail environment.

  • Tesco has 'issues', be patient: Shareholder     Friday, 27 Jun 2014 | 1:15 AM ET

    David Herro, chief investment officer at Harris Associates and one of the biggest shareholders in Tesco, says the supermarket chain has "issues" but is a "turnaround" story.

  • Tesco reports steep sales fall, blames price cuts Wednesday, 4 Jun 2014 | 12:13 PM ET

    U.K. supermarket chain Tesco on Wednesday reported a sharp fall in first-quarter sales, hurt by price cuts and subdued consumer spending.

  • 'More pain to come' for Morrisons: Pro     Thursday, 8 May 2014 | 7:03 AM ET

    Bruno Monteyne, senior European food retail analyst at Sanford C. Bernstein, says there will be no major improvement from Morrisons after it posted very weak results.

  • Tesco has 'a lot more to do': Pro     Wednesday, 16 Apr 2014 | 4:35 AM ET

    David Gray, retail analyst at Planet Retail, says Tesco faces "fairly big" problems and need to focus on getting its food offering right, innovate and tighten margins on core products.

  • Supermarket wars: Is Morrisons losing out?     Thursday, 13 Mar 2014 | 3:45 AM ET

    The U.K.'s supermarket battleground is heating up as the biggest companies are looking to invest and grab customers.

  • Tesco: Is it really going wrong?     Tuesday, 25 Feb 2014 | 11:45 AM ET

    Paul Kavanagh, senior market strategist at Killik & Co., discusses Tesco following the supermarket chain's results, and says the it is doing "most of the positive things quite well", including its online offering.

  • Bet on cyclical rally in Europe: Pro Thursday, 9 Jan 2014 | 1:36 PM ET

    "We think that Europe has turned the corner," Deutsche Bank Asset Management's Randy Brown says.

  • Christmas trade: Battle of the Retailers     Thursday, 9 Jan 2014 | 2:56 AM ET

    Christmas is the busiest time of year for most retailers, but which British stores had the best performance?

  • Wal-Mart recalls donkey product in China Thursday, 2 Jan 2014 | 12:55 AM ET
    A Wal-Mart store in the Shekou district of Shenzhen, China.

    Wal-Mart Stores has recalled donkey meat sold at some outlets in China after tests showed the product contained the DNA of other animals.

  • Wal-Mart bails on India, a sign of things to come? Friday, 11 Oct 2013 | 6:35 AM ET

    Walmart's decision to end a joint venture with Bharti Enterprises could force other global retailers to re-think their expansion plans into India.

  • Russ Mould, investment research director at AJ Bell, says that Tesco, BSkyB and Sports Direct are among his top stock picks.

  • Tesco gearing up for 'destination shopping'     Friday, 9 Aug 2013 | 11:45 AM ET

    Richard Perks, director of retail research at Mintel International, talks about Tesco's new supermarkets and how they are gearing up for a trend towards out-of-town shopping.

  • What's in Store for Tesco?     Tuesday, 4 Jun 2013 | 11:40 AM ET

    Richard Perks, director of retail research at Mintel International, says Tesco has been doing "all the right things", but these measures won't have paid off yet, due to the horse meat scandal.

  • Go Long on Tesco: Pro     Thursday, 9 May 2013 | 11:20 AM ET

    Joe Rundle, head of trading at ETX Capital, talks about the U.K.'s supermarket business, and advises going long on Tesco, due to its restructuring program.

  • 'Greasy Palms' Holding Back India's Retail Growth Sunday, 5 May 2013 | 9:41 PM ET

    A Hong-Kong entrepreneur spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.

  • EU Mulls Trade Action on Bangladesh After Disaster Wednesday, 1 May 2013 | 12:11 AM ET
    Rescuers at the scene after the Bangladesh building collapse in April.

    The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.