Category list : Tesco
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Supermarket giant Tesco has announced the sale of its Thailand and Malaysian stores, following what chief executive Dave Lewis called a “detailed strategic review of all options”.
Next online to sell F&FSubscription
Next will now sell F&F, Tesco’s fashion brand, via its ecommerce site.
Womenswear boosts fashion sales at TescoSubscription
A strong performance by Tesco’s womenswear range helped boost its fashion sales over the Christmas period.
Asos technical director Richard Zubrik will leave the etailer to join Notonthehighstreet as chief technology director.
Jason Tarry, currently group chief product officer at Tesco, will become chief executive for UK and Republic of Ireland at the supermarket, after Charles Wilson steps down.
Retailers demand action on slaverySubscription
Marks & Spencer, Clarks and Tesco have joined the Independent Anti-Slavery Commissioner in calling for government to take stronger action to eliminate slavery in the supply chain.
Tesco Direct to closeSubscription
Tesco has announced it will shut down its Tesco Direct website, which sells its F&F clothing brand and homewares, saying there is “no route to profitability” for the site.
Tesco UK boss Davies to become N Brown chairmanSubscription
Tesco’s UK chief executive Matt Davies has been named as the new chairman of online clothing retailer N Brown Group.
Tesco threatened with £4bn equal pay claimSubscription
Tesco is facing a potential demand for up to £4bn in back pay, as female shop workers claim they earned less than male counterparts.
Tesco shake-up means 1,700 jobs are at riskSubscription
Tesco has announced it is set to “simplify” its operational structure, and 1,700 jobs will be affected in a bid to streamline customer experience.
Last year: 41
Next pilots Tesco shop-in-shop launchSubscription
Next has joined forces with Tesco on a one-off shop-in-shop debut at the supermarket’s Surrey Quays Extra store.
Tesco swings axe on F&F franchise teamSubscription
Tesco has made redundancies in clothing brand F&F’s franchise team, Drapers has learned.
Tesco CEO to appear as witnessSubscription
Tesco chief executive Dave Lewis is reportedly to appear as a witness in a fraud trial involving three former executives at the supermarket.
Retailers including John Lewis Partnership and Tesco have signed up to a new scheme designed to open up more managerial positions to those working part time.
N Brown unveils Tesco tie-up as profits fallSubscription
N Brown Group’s adjusted profit before tax fell 8.7% to £80.6m in the year to 4 March as it invested in improving its offer to drive future growth.
A revival in clothing sales at supermarkets and a boom in revenues at etailers are driving growth in the value clothing sector, a new report from retail thinktank Fung Global Retail & Technology has found.
Tesco fined £129m over accounting scandal Subscription
Supermarket giant Tesco has been fined £129m by the Serious Fraud Office (SFO) for false accounting in 2014.
Tesco is to reimburse 140,000 current and former workers a total of £9.7m after it failed to pay them the national living wage.
Bosses from Asos, John Lewis and Amazon are due to sit down with the business secretary next week in a bid to persuade the government to include retail in its new industrial strategy.