
Carrefour said sales growth slowed in the first quarter amid continued weakness in its core French market. Shares fell on Thursday to touch their lowest level since October 2012.
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Carrefour said sales growth slowed in the first quarter amid continued weakness in its core French market. Shares fell on Thursday to touch their lowest level since October 2012.
German-owned discount supermarkets Aldi and Lidl are ploughing ahead with a rapid expansion in Britain and are on course to grab more market share from the traditional big four players.
The head of Tesco's UK business was read out "almost word by word" a report detailing a 250 million pounds hole in the supermarket's accounts in 2014 a week before the stock market was informed, a court heard on Friday.
A senior accountant at Tesco said his team was falling apart in 2014 when Britain’s biggest retailer ended a tough first half trading period but bosses refused to reduce targets for the second half, a London court hea...
A senior accountant at Tesco described mounting pressures on managers as the food business under-performed against targets in 2014, telling a London court that his attempts to have the targets revised fell on deaf ears.
British supermarket chain Tesco has unveiled its results for the second half of the year, revealing strong growth in clothing sales during the period.
Two members of Tesco’s financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Tuesday.
Former Tesco chairman Richard Broadbent will be a witness in the trial of three former executives accused of fraud and false accounting at Britain’s biggest retailer, a court heard on Monday.
Three former executives of Britain’s biggest retailer Tesco abused their positions of trust to encourage the manipulation of profit figures, lied to auditors and misled the stock market, prosecutors said on Friday.
Three former senior executives of Tesco accused of fraud and false accounting at Britain’s biggest retailer appeared on Monday in a London court.