All Tesco articles – Page 118
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News
Tesco chairman under pressure after board rejected warnings from auditors
Tesco chairman Sir Richard Broadbent is facing further pressure after it has emerged the grocer’s board dismissed warnings from its own auditor about how it was accounting for commercial deals with suppliers.
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News
Tesco persuades M&S to release CFO Alan Stewart early amid accounting crisis
Tesco’s new chief financial officer, Alan Stewart, will join the grocer today after a deal was struck with Marks & Spencer to terminate his contract early.
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News
Breakfast briefing: Retail news on Tesco, M&S and Dixons Carphone
Retail news round-up on September 23, 2014: Tesco strikes deal with M&S to get Alan Stewart on board early, Sir Richard Broadbent undert pressure to quit as Tesco chairman, Dixons Carphone proceeds with plan to buy 50 to 100 Phones 4u stores.
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Analysis
Analysis: Tesco’s Robin Terrell on the retailer’s multichannel future
Retail Week spoke to Tesco’s former multichannel director Robin Terrell prior to his taking over running the retailer’s UK leadership team.
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Analysis
Comment: Hackathon chair Nick Lansley on the winning ideas
As chairman of the Judging Panel for the inaugural Retail Week Hackathon, I can say on behalf of my fellow judges that we’ve witnessed some outstanding examples of innovation from a set of 10 inspiring teams.
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Analysis
Tesco profits overstatement: what the analysts say
Tesco has revealed that its expected half-year profit has been overstated by £250m and has launched an investigation. The City has reaced with shock.
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News
Robin Terrell assumes leadership of Tesco UK as profits investigation launched
Tesco multichannel director Robin Terrell has stepped in to run the flagship UK business as an investigation begins into a profits overstatement.
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Opinion
Comment: Retailers looking to expand should think internationally
Go east, west, north and south young man. The case for UK retailers to expand overseas is currently strong.
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News
Tesco discloses £250m overstatement of profit forecasts
Tesco has revealed that expected profit forecasts for the first half of this year have been overstated by £250m and has called in accountants and lawyers to investigate.
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News
Retail Week Hackathon: Runner up Tesco Labs with the Coffee Lab app
The Tesco Labs team were runners up in the Retail Week hackathon with the queue cutting Coffee Lab app.
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Analysis
Analysis: 99p Stores targets convenience supermarkets with retail overhaul
The budget retailer 99p Stores is undergoing an overhaul and raising its ambitions, chief operating officer Tony Brown tells Retail Week.
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Opinion
Comment: Dave Lewis must focus on strengthening the Tesco brand
Tesco’s chief executive Dave Lewis must both revise the basics for the struggling retailer and work out what modern superstores stand for today.
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Opinion
Comment: Phones 4u and the importance of supplier relationships
Phones 4u’s administration indicates the importance for retailers to value their relationships with their suppliers in order to stay competitive.
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News
Tech & Ecomm Summit: Wearables and robots five years away, says Tesco’s McNamara
Wearable technology such as internet-connected clothing is only five years away from being used in-store at Tesco, chief information officer Mike McNamara said at Retail Week’s Tech & Ecomm Summit.
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Analysis
Analysis: How retailers are embracing the developer’s mindset
As shoppers continue to migrate online, retailers are thinking like developers about how best to utilise their empty store space.
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Analysis
Analysis: Is it time for retail parks to be reinvented?
Game-changing innovations in the mall market have masked a lack of innovation in retail parks. Is the sector ripe for a leap forward?
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Analysis
Analysis: What are the challenges of overseas expansion for UK retailers?
UK retailers are being lured by the riches on offer in international markets, but overseas expansion is fraught with danger.
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Opinion
Comment: Asos’s success depends on keeping its entrepreneurial spirit alive
A quarterly retail sales rise of 15% and total annual revenues up 27% to almost £1bn would normally be cause for throwing hats in the air.
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News
Tesco goes back to future with virtual store tour of 1960s Goodwood shop
Tesco recreated the swinging 60s when it unveiled its retro Tesco store at Goodwood, which took place last weekend.
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Opinion
Comment: Walmart and Tesco’s new bosses to put people first
Dough McMillon and Dave Lewis haven taken over as chief executives for Walmart and Tesco respectively. What will they bring to their new roles?