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A service for textile industry professionals · Monday, December 16, 2019 · 504,991,013 Articles · 3+ Million Readers
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Tesco News Monitoring

  • Published on Dec 15, 2019

    Man in hospital after elderly driver ploughs car through window of Tesco store

    A young man was taken to hospital after an elderly driver ploughed his car through the window of a Tesco store while it was packed with Christmas shoppers. Emergency services were called to the branch at Princess Alice Drive retail park, in Sutton …

    Source: Scotsman
  • Published on Dec 15, 2019

    Tesco sizes up Dublin Airport for online shopping facility

    But the retailer faces a battle with local planners should it wish to pursue the project, after they said such a development could have a "detrimental effect" on access to the airport. A detailed submission to planners by consultants Avison Young …

    Source: Irish Independent
  • Published on Dec 14, 2019

    Elderly man reverses into a Tesco cafe in Sutton Coldfield

    Christmas shoppers are injured and one is taken to hospital after elderly driver reverses through window of Tesco cafe A man in his 80s reversed through a plate glass window at at a Tesco cafe  The Volkswagen Golf smashed through the window sending glass …

    Source: Charleston Daily Mail
  • Published on Dec 14, 2019

    Shoppers hurt and one in hospital after driver reverses into Tesco New Oscott store

    A man was rushed to hospital after an elderly driver reversed his car into a Tesco store packed with Christmas shoppers. Several customers suffered cuts when the man, said to be in his 80s, smashed into the window of the in-store cafe at Tesco in Princess …

    Source: Birmingham Mail
  • Published on Dec 13, 2019

    Tesco considers selling its Asian supermarkets

    WHEN COSTCO, an American discount retailer, opened its first store in Shanghai this August, huge crowds of shoppers forced managers to shut it down. The world’s 250 biggest retail chains are present in ten countries on average and get about a quarter of …

    Source: Economist
  • Published on Dec 12, 2019

    Not easy to secure buyer for Tesco Malaysia

    PETALING JAYA: Hypermarket operator Tesco Stores (Malaysia) Bhd (Tesco Malaysia) is not expected to exit the country anytime soon, opined independent retail research firm Retail Group Malaysia managing director Tan Hai Hsin, as securing a buyer is not easy …

    Source: The Sun Daily
  • Published on Dec 11, 2019

    Tesco shopper's fury as smaller boxes of Roses cost £3 more than bigger ones

    In the run up to Christmas the price of chocolates has been bouncing around at Tesco and other supermarkets. Mirror Money has spotted tubs of Roses, Quality Street and celebrations ranging from £5 to £3.50, with others offering 2 for £7 or £4 a tub. But …

    Source: Mirror
  • Published on Dec 11, 2019

    Tesco to sell assets in Thailand and Malaysia

    Tesco, Britain’s biggest supermarket chain, has announced it may sell off its businesses in Thailand and Malaysia. A statement says that “following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and …

    Source: Phuket Gazette
  • Published on Dec 9, 2019

    Tesco weighs exiting Malaysia and Thailand

    London — Shares in Tesco rose more than 5% on Monday after Britain’s biggest retailer said it might sell its Asian businesses in Thailand and Malaysia, which analysts valued at up to $9bn. Tesco said on Sunday it had begun a review of its Asian operations …

    Source: Business Day
  • Published on Dec 9, 2019

    Tesco shares soar as supermarket chain weighs up £7.2bn sale of Asian business

    Tesco is considering selling its profitable Asian business for as much a £7.2bn in a move that would mark a significant retreat for the UK’s largest retailer.  Tesco said it has received “inbound interest” for its Lotus brand which operates more than 2,000 …

    Source: Independent
  • Published on Dec 9, 2019

    Blackfriar: Can the UK's supermarkets buck the retail doom and gloom?

    All eyes will be on Kantar’s latest grocery stats which are out tomorrow to see whether the UK’s supermarkets can buck the trend on the high street in the all-important festive season. Morrisons will be hoping to shake off its recent position as the UK’s …

    Source: Yorkshire Post
  • Published on Dec 9, 2019

    Tesco Should Take the Money and Run

    Tesco said on Sunday that it was carrying out a strategic review of the business, after receiving interest from potential buyers. Britain’s biggest supermarket is right to consider whether its remaining Asian operations might be worth more to a rival. …

    Source: The Washington Post
  • Published on Dec 9, 2019

    Market report: Tesco tops the FTSE 100 as it eyes £7bn sell-off in Asia

    Retail giant Tesco desperately wants people to go shopping at Christmas time. But bosses probably didn’t expect to see a potential £6.9 billion drop into the tills in one go. Reports emerged at the weekend that Britain’s biggest retailer may be on the …

    Source: Evening Standard
  • Published on Dec 9, 2019

    Tesco shares soar on potential sale of Asian division  

    0 Comments Tesco shares soar on potential sale of Asian division Independent.ie Tesco's Asian business, which the supermarket confirmed is being eyed up by a potential suitor, could be worth as much as £7.2bn (€8.5bn), according to the City. https:…

    Source: Irish Independent
  • Published on Dec 9, 2019

    Tesco shares jump on possible sale of Asian business

    Shares in Tesco jumped nearly 6 per cent in early trading at one point on Monday after Britain’s biggest retailer said it was considering a sale of its remaining Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion. Tesco …

    Source: The Irish Times
  • Published on Dec 9, 2019

    Tesco leads FTSE 100 risers as it weighs up Asia sale

    Shares in Tesco rose more than five per cent in early trading today, as investors welcomed reports that the company is exploring a sale of its Asian businesses. The supermarket giant has confirmed that it will launch a strategic review of options for its …

    Source: City A.M.
  • Published on Dec 9, 2019

    Tesco considers sale of Asian operation after bid interest

    Image copyright Getty Images The UK's biggest retailer, Tesco, is considering a retreat from markets in Asia with the sale of its profitable operations in Thailand and Malaysia. Analysts say the 2,000 stores, which operate under the Tesco Lotus brand, …

    Source: News
  • Published on Dec 9, 2019

    Tesco shares jump on review of Asian business

    LONDON — Shares in Tesco jumped as much as 5.9% in early trading Monday after Britain’s biggest retailer said it was reviewing its remaining Asian businesses, in Thailand and Malaysia, including examining a possible sale. Tesco said on Sunday the review …

    Source: Calgary Herald
  • Published on Dec 9, 2019

    Tesco reviews options to sell operations in Thailand, Malaysia

    PHUKET: British retail giant Tesco has begun reviewing its operations in Thailand and Malaysia with a view to possible sale to an “investor interest”.The main Tesco-Lotus branch on Phukte's busy bypass road. Photo: The Phuket News / file The news …

    Source: Phuket News

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