Don’t count out Tesco
Tesco has been in the news a lot recently, with the high profile replacement of their current CEO Phillip Clarke with a Unilever executive Dave Lewis. read more Supermarket News
Tag: Tesco
Tesco taps Lewis to replace Clarke as CEO
Struggling U.K. food retailer Tesco on Monday named Dave Lewis CEO effective Oct. 1, succeeding Philip Clarke. read more Supermarket News
Tesco down, Costco up in Top 25 Worldwide Food Retailers for 2014
While it comes as no surprise that Wal-Mart Stores retained its position as No. 1, SN’s Top 25 Worldwide Food Retailers for 2014 does see some changes near the top. … Continue Reading →
Timeline: Tesco Tanks in U.S.
A review of significant events since Tesco entered the U.S. market in 2008. read more Supermarket News
Tesco May Close U.S. Stores: Report
EL SEGUNDO, Calif. — Tesco, the British-based parent company of Fresh & Easy Neighborhood Market here, may have to simply close its U.S. stores or seek multiple buyers, according to … Continue Reading →
Tesco Says U.S. Exit Is ‘On Track’
CHESHUNT, England — Tesco plc here said Wednesday its previously announced effort to exit the U.S. “continues on track.” read more Supermarket News
Fresh & Easy Seen as Tough Sell as Tesco Seeks to Exit U.S.
LONDON — Tesco’s planned exit from the U.S. — where it has operated Fresh & Easy Neighborhood Market locations since late 2007 — may be difficult and complex, industry observers … Continue Reading →
U.S. Exit Could Take 3 Months: Tesco
LONDON — Tesco here said Wednesday efforts to exit the U.S. are “going well,” though it could be “at least another three months before we are able to conclude the … Continue Reading →
Tesco Apologizes Over Horsemeat in UK Burgers
CHESHUNT, England — Tesco has issued an apology after government testing found a high percentage of horsemeat in frozen beef burgers sold at stores in the U.K. and Ireland. read … Continue Reading →