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Sydney Morning Herald
Oct 6
Comment
Tesco PLC, the world's fourth-largest retailer, on Tuesday reported a 1.3 per cent rise in first half profits, thanks to strong revenue growth in Asia.
Wall Street Journal
Oct 6
Comment
Retailer Tesco reported a modest rise in first-half net profit, as strong growth in the U.K. and Asia offset losses in the U.S.
Bloomberg
Oct 4
Comment
Tesco Plc started its first
significant media advertising campaign for its Fresh & Easy
stores in the U.S. because of signs of stability in the American
economy, the Financial Times reported, citing people familiar
with the situation.
Bloomberg
Sep 27
Comment
Tesco Plc is in talks to sell a 400
million-pound ($638 million) property portfolio to a new
investment company, the Financial Times reported, without
attribution.
Wall Street Journal
Sep 23
Comment
Tesco of the U.K. is to open a grocery store in California Thursday that will carry an environmentally friendly label.
Bloomberg
Jul 21
Comment
Land Securities Group Plc is raising
about 360 million pounds ($600 million) through a sale of bonds
backed by a lease held by the U.K. government, the second public
issue of commercial property notes since 2007.
Wall Street Journal
Jun 17
Comment
J Sainsbury said it plans to raise $731 million to accelerate its store expansions as the U.K. supermarket chain posted a better-than-expected rise in fiscal first-quarter same-store-sales, outperforming rival Tesco.
Wall Street Journal
Jun 16
Comment
A strong performance in the U.K. and Asia and a recovery at its nonfood business helped Tesco post a 13% increase in sales for its fiscal first quarter.
Wall Street Journal
Apr 21
Comment
Tesco joined a small group of retailers saying spending has bottomed. Britain's biggest retail chain posted a 15% gain in fiscal 2009 sales.
Money Morning
Aug 28
Comment
From Staff Reports
Wal-Mart Stores Inc. (NYSE:WMT), the No. 1 U.S. retailer, is about to get a taste of its own medicine.
Wal-Mart said it is considering acquisitions in its home U.S. market, and will move to reduce its growth reliance on its...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS Business Overview
Tesco is the UK's largest grocer by sales and also operates grocery stores in 12 international markets across Europe, Asia and the United States.[1] Additionally, Tesco offers retail banking and insurance services through its Tesco Personal Finance segment and telecom services under its Tesco Telecom business.[1] Tesco operates as a discount retailer and earned about £59.4 billion in revenue in 2009, an 15.1% increase from a year earlier.
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