Noel Tagoe, executive director at the Chartered Institute of Management Accountants (CIMA), says what happened at Tesco was an "easy" mistake, as it used historical data to overestimate volumes, which had been falling.» Read More
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.
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.
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.
A Hong-Kong entrepreneur spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.
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.
Thailand's richest man bid $6.6 billion to buy cash-and-carry wholesaler Siam Makro from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal this year.
Tesco wrote down the value of its global operations by $3.5 billion and announced plans to exit the U.S., after a year in which profit fell for the first time in two decades.
Laurie McIlwee, CFO of Tesco, talks to CNBC about why the company failed in the US and what their growth strategy is in Europe.
Stewart Richardson, partner at RMG Wealth Management, tells CNBC that the UK consumer is in a difficult place and the government must do more to help the private sector.
Jim McCaughan, CEO of Principal Global Investors, tells CNBC that Tesco was unlucky in the US as they came into competition with Wholefoods which dominated that market.
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.