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Tesco Plc

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  1. Tesco paid new boss 4 mln pounds in first six months

    Headlines

    Thu, 21 May 2015

    LONDON, May 21 (Reuters) - Britain's biggest retailer Tesco paid new chief executive Dave Lewis 4.1 million pounds ($6.4 million) in the six months after luring him from consumer goods group Unilever and tasking him with turning around the firm.

  2. Britain's FTSE holds firm to hover near record highs

    Headlines

    Thu, 21 May 2015

    LONDON, May 21 (Reuters) - Britain's top share index hovered just below last month's record highs on Thursday, with supermarket retailer Tesco outperforming on the prospect of a possible South Korean...

  3. Woolworths' Mea Culpa Sets Stage for Competitive Response but Uncertainty Has Increased

    Commentary

    Mon, 11 May 2015

    threat, we note the company is already the largest online retailer in Australia and so is well positioned as retail sales ..... margin of 5.3% in fiscal 2014 and, in the U.K., Tesco 's underlying EBIT margins collapsed from about 5% historically

  4. UPDATE 1- Tesco names Deloitte as new auditor after accounting scandal

    Headlines

    Mon, 11 May 2015

    LONDON, May 11 (Reuters) - Tesco , Britain's biggest retailer , has named Deloitte as its new auditor, ending its 32-year relationship with PricewaterhouseCoopers (PwC) after an accounting scandal.

  5. Tesco seeks new auditor after accounting scandal

    Headlines

    Mon, 11 May 2015

    LONDON, May 11 (Reuters) - Tesco , Britain's biggest retailer , is to seek a new auditor after ending its 32-year relationship with PwC following an accounting scandal.

  6. UPDATE 1-UK retailer Tesco set to put mobile unit for sale -FT

    Headlines

    Fri, 8 May 2015

    May 8 (Reuters) - UK retailer Tesco Plc is in talks with bankers to put its mobile business up for sale in an effort to divest non-core assets, the Financial Times reported, citing people familiar with the matter.

  7. UK retailer Tesco set to put mobile unit for sale -FT

    Headlines

    Fri, 8 May 2015

    May 8 (Reuters) - UK retailer Tesco Plc is in talks with bankers to put its mobile business up for sale in an effort to divest non-core assets, the Financial Times reported, citing people familiar with the matter.

  8. Tesco loses two more non-exec directors

    Headlines

    Tue, 5 May 2015

    LONDON, May 5 (Reuters) - Two more non-executive directors of Tesco are leaving, bringing further change to the make-up of the board of Britain's biggest retailer in the wake of last year's accounting scandal.

  9. Tesco's Dunnhumby ends exclusive JV in U.S. ahead of possible sale

    Headlines

    Mon, 27 Apr 2015

    LONDON, April 27 (Reuters) - Dunnhumby, the customer data business which has been put up for sale by British retailer Tesco , said it was free to work with new clients in the United States, in a move...

  10. Property writedown drags Tesco to worst ever loss

    Headlines

    Wed, 22 Apr 2015

    LONDON, April 22 (Reuters) - Britain's biggest retailer Tesco posted the worst annual loss in its 96-year history on Wednesday after writing down the value of its stores by 4.7 billion pounds ($7.02 billion).

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