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Showing posts with label UK grocery market. Show all posts
Showing posts with label UK grocery market. Show all posts

August 26, 2015

Tesco, Asda sales fall as discounters advance-Kantar

LONDON, Aug 25 (Reuters) - Britain's "big four" supermarkets have all lost market share in a barely growing grocery market, with Tesco and its main rivals failing to keep pace with discounters Aldi and Lidl, Kantar Worldpanel said on Tuesday.

November 29, 2014

Tesco executive under suspension leaves company

The BBC has learned one of the Tesco executives suspended by the company over the £260m profit misstatement has left the company.

October 28, 2014

June 05, 2014

Tesco reports sharp fall in sales

Tesco has reported a third consecutive quarter of falling sales as the UK's largest supermarket chain faces increasing competition from rivals.

March 13, 2014

Tesco market share shrinks to lowest level in almost a decade

Tesco's share of the UK grocery market has shrunk to its lowest level in almost a decade as British shoppers defected to German discount chains Aldi and Lidl to save money.

January 13, 2012

Bleak day for high street as Tesco slump spooks retail sector

More than £4bn was wiped off the stock market value of Tesco on Thursday after Britain's biggest retailer delivered its worst Christmas sales performance in decades and warned it would see "minimal" profits growth this year.