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Tesco warns on Covid-19 impact amid FY slump

2020-04-08 14:45:00| Daily apparel & textile news and comment - from just-style.com

UK supermarket Tesco has reported a drop in annual pre-tax profit and revenue amid a warning that Covid-19 could impact its retail cost lines by up to GBP925m (US$1.1bn).

Tags: impact amid warns tesco

 

Coronavirus: Tesco tells people to visit stores to get food

2020-04-08 08:37:56| BBC News | Business | UK Edition

The supermarket says there is 'simply not enough capacity' to supply everyone with online shopping.

Tags: people visit food stores

 
 

Wetherspoon boss tells staff get a job at Tesco

2020-03-24 12:32:41| BBC News | Business | UK Edition

Tim Martin says workers can take up jobs with supermarkets following the coronavirus shutdown.

Tags: job staff tells boss

 

Tesco agrees to sell Thai and Malaysian businesses for $10.6bn

2020-03-09 12:42:00| Daily apparel & textile news and comment - from just-style.com

UK supermarket chain Tesco has proposed a deal to sell its businesses in Thailand and Malaysia for US$10.6bn in a move it says will simplify the Tesco Group and enable a stronger focus on its retail businesses in the UK and Ireland and in Central Europe.

Tags: sell businesses thai agrees

 

Tesco sells its Asian stores in 8bn deal

2020-03-09 09:40:06| BBC News | Business | UK Edition

The UK's largest retailer agrees to sell the 2,000 stores it operates in Thailand and Malaysia.

Tags: stores deal asian sells

 

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