je.st

Home › tesco

Tag: tesco

Tesco profits over-estimate totalled GBP263m, chairman steps down

2014-10-23 12:31:00| Daily beverage news and comment - from just-drinks.com

Tesco has revealed today that its total over-statement of profits was GBP263m (US$421m), more than its initial estimate, and that its chairman is to step down.

Tags: steps chairman profits tesco

Tesco boss to quit over profits error

2014-10-23 08:45:03| BBC News | Business | UK Edition

Tesco chairman Sir Richard Broadbent will leave the firm after the company announced a bigger-than-forecast hole in its profits.

Tags: error boss profits quit

VIDEO: Tesco scandal highlights supplier ties

2014-10-22 01:43:24| BBC News | Business | UK Edition

As Tesco prepares to give an update on Wednesday into the accounting scandal that stunned the city earlier this month, the BBC's Emma Simpson examines the relationship between suppliers and supermarkets.

Tags: video highlights supplier ties

Tesco saw sales drop by 3.6% in the 12 weeks to October 12

2014-10-21 23:18:08| Grocery - Topix.net

Tesco sales are falling at the fastest rate in the grocery industry as ongoing price wars continue to benefit shoppers and squeeze the major retailers. The supermarket, which is expected reveal a steep fall in half-year profits on Thursday after a A 250 million shortfall in its accounts, saw its sales fall 3.6% in the 12 weeks to October 12, according to data from Kantar Worldpanel.

Tags: to october sales weeks