Content about Criticism of Tesco

August 31, 2011

Grocery giant Tesco PLC said Wednesday it is pulling out of Japan, which means shuttering 129 small, leasehold-owned stores in the Greater Tokyo area, which employ 4,000 people.

London -- Grocery giant Tesco PLC said Wednesday it is pulling out of Japan, which means shuttering 129 small, leasehold-owned stores in the Greater Tokyo area, which employ 4,000 people. The country is the smallest of Tesco’s international retail businesses, and the weakest for sales growth in the 2010-2011 fiscal year.

“Having made considerable efforts in Japan, we have concluded that we cannot build a sufficiently scalable business,” said Philip Clarke, CEO.

July 25, 2011

Britain’s largest retailer Tesco said Sunday it plans to pilot free WiFi Internet service in its stores, allowing customers to compare prices and read product reviews as they shop.

London -- Britain’s largest retailer Tesco said Sunday it plans to pilot free WiFi Internet service in its stores, allowing customers to compare prices and read product reviews as they shop.

According to a Sunday report by the Financial Times, the supermarket retailer is currently testing the service in four stores, with plans to quickly roll it out after evaluating the pilot.

Tesco is thought to be the first big U.K. retailer to test free WiFi.
 

October 5, 2010

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September 14, 2010

Tesco, the third largest supermarket chain behind Walmart and Carrefour, has advanced to the second...

June 8, 2010

On Tuesday, British supermarket mogul Tesco PLC announced a successor to retiring CEO Sir Terry...

June 9, 2008

Same-store sales at Tesco stores in the U.K. rose 3.5% in the retailer’s fiscal first...

April 14, 2008

Tesco reported a $5.5 billion annual profit on Tuesday and said it had made a...

March 27, 2008

Tesco plansTesco plans to open stores in Russia, according to a Bloomberg report. Tesco is...

November 26, 2007

Los Angeles, British...

October 1, 2007

London, Tesco PLC...

April 30, 2007

It has yet to open a store in the United States. Nevertheless, Tesco’s plan for...

January 1, 2006

London, Tesco executives...

September 25, 2005

London, Although Tesco...