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Tesco Confirms Regulatory Approval For Sale Of Tesco Polska
Mondi Says Co And Tesco Central Europe Launch Partnership
UK's FCA starts criminal proceedings against former Goldman analyst
Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. The Company's segments include UK & ROI, which includes the United Kingdom and Republic of Ireland; Central Europe, which includes Czech Republic, Hungary, Slovakia, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom. The Company's businesses include Tesco UK, Tesco Czech Republic, Tesco Hungary, Tesco Ireland, Tesco Slovakia, Tesco Bank and dunnhumby. The Company offers a range of personal banking products and services that include credit card receivables, personal current accounts and personal loans.
Cirrus a, Shire Park, Kestrel Way
John Murray Allan
Non-Executive Chairman of the Board
Group Chief Executive Officer, Executive Director
Alan J. H. Stewart
Chief Financial Officer, Executive Director
Chief Executive Officer - Asia
Chief Executive - Tesco Bank
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Morrisons has pledged to be the first supermarket group completely supplied by net zero carbon British farms by 2030, five years ahead of the market, it said on Monday.
Tesco, Britain's biggest supermarket chain, committed to increase its sales of healthy food to 65% of total sales by 2025 following pressure from some shareholders to set targets.
Shareholders in Tesco, Britain's biggest retailer, on Thursday approved the payment of a 5 billion pound ($6.9 billion) special dividend following last year's disposal of its Asian business.
Tesco shareholders will vote on a resolution at this year's annual meeting calling for Britain's biggest food retailer to set targets to increase the proportion of healthy products it sells.
Electricals sales at British retailer Dixons Carphone rose 11% in the Christmas trading period as customers in COVID-19 lockdown splashed out online on large screen TVs, computers, gaming, smart tech and food preparation gadgets.
Tesco followed supermarket rivals in reporting buoyant Christmas trading on Thursday, keeping its full year profit forecast despite rising costs from COVID-19.
Tesco, Britain's biggest retailer, has experienced some disruption to supplies, particularly to the island of Ireland, since a post-Brexit trade deal with the European Union kicked in on Jan. 1, its boss said on Thursday.
Tesco, Britain's biggest retailer, on Thursday followed rivals in reporting buoyant Christmas trading, as pandemic restrictions meant people splashed out on celebrations at home.
Tesco, Asda, Aldi and Waitrose will not let shoppers into their stores if they are not wearing a face covering, the British supermarket groups said on Tuesday, joining rivals Sainsbury's and Morrisons which made the policy change a day earlier.
Tesco, Britain's biggest retailer, on Tuesday followed smaller rivals Sainsbury's and Morrisons, saying it will not let anyone into its stores who is not wearing a face covering, unless they are medically exempt.
British supermarket group Sainsbury's raised its profit outlook after beating its own expectations for trading in the Christmas quarter as COVID-19 restrictions meant people celebrated more at home.
Tesco and Pizza Hut were the two biggest offenders among 139 employers who failed to pay staff the minimum wage between 2016 and 2018, Britain's government announced on Friday after it resumed a policy of publicly naming firms that broke rules.
* Shares in UK supermarket groups close lower (Adds Tesco comment)
Britons rushed to supermarkets on Monday to stock up for Christmas after stricter pandemic rules meant last-minute changes to their plans and as countries closed borders to Britain, raising fears of supply shortages.
Shareholders in Tesco can look forward to a 5 billion pound ($6.7 billion) windfall in the new year after the group said it would complete a $10.6 billion sale of its Asian businesses to Thailand's CP Group next week.
Tesco, Britain's biggest retailer, called on the British government to give greater clarity about how it will move goods across borders after Jan. 1, saying it would be the biggest Brexit challenge, not food price inflation.
The boss of Tesco, Britain's biggest retailer, said a decision to waive government business rates relief during the pandemic was "disconnected" to plans to pay a special dividend once a deal to sell its Asian business is completed.
Tesco, Britain's biggest supermarket, called on the British government to give greater clarity about how it will move goods across borders after Brexit, saying it will be the biggest challenge come Jan. 1.
British supermarket group Sainsbury's has followed market leader Tesco and Morrisons in deciding to forgo business rates relief on its stores during the COVID-19 pandemic.
British supermarket group Morrisons on Wednesday joined market leader Tesco in deciding to pay government business rates for the period of the COVID-19 pandemic.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.