User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: Aug 19 2016 24:36 IST RSS 2.0
 
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Tesco-Tata scouts for land to prop up distribution 18.8.2016 Latest News
The land buying will help Tesco meet India's norm of multibrand foreign direct investment in the segment
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Tesco-Tata venture to buy land parcels in Bengaluru, Mumbai 18.8.2016 News
The land buying will help Tesco meet India's norm of multibrand foreign direct investment in the segment
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Patanjali struggles to meet demand for products 9.8.2016 Rediff: Business
The company has a network of 4,000 distributors, 10,000 stores and 100 mega marts.
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Patanjali struggles to meet demand for products 9.8.2016 News
Retailers complain of poor fill rates; company sprucing up supply chain, storage
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Future Lifestyle Fashion Q1 net jumps 42.3% to Rs 3.53 crore 8.8.2016 All Companies Stories
Shares of the comapny ended 2.13% up at Rs 129.50 on the BSE
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Star Bazaar to soon have more space for groceries, apparel 1.8.2016 ET: Retailing
For Tesco, the world’s third-largest retailer with 6,900 stores and £48.4 billion in sales globally, the Indian business is minuscule.
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Sterling's fall could batter UK's fish & chips 10.7.2016 All Economy & Policy Stories
British pound has fallen to a 31-year low, leaving it 13% weaker against the dollar
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Sterling's fall could batter UK's fish & chips 10.7.2016 Sify Finance
By Martinne Geller
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High-street headaches 8.7.2016 Latest News
British retail sleepwalks into Amazon-ageddon
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India a bright spot for Tesco 5.7.2016 Latest News
UK-based retail chain's India operations have registered highest growth in like-for-like sales
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How Tesco India measures up 4.7.2016 All Companies Stories
UK-based retail chain's India operations have registered highest growth in like-for-like sales
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Made-in-India food products more delectable 21.6.2016 Hindu: Home
The Union Budget announcement on food products made in India extended to e-commerce firms
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Foreign firms can set up food-retail hubs 21.6.2016 All Economy & Policy Stories
Government said it decided to permit 100% FDI under government approval route for trading, including through e-commerce
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Indian-origin businessman to acquire restaurant chain in UK 11.6.2016 TOI: All Headlines
Indian-origin businessman to acquire restaurant chain in UK
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NRI businessman to acquire restaurant chain in UK 11.6.2016 TOI: All Headlines
NRI businessman to acquire restaurant chain in UK
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Indian-origin businessman to acquire restaurant chain in UK 11.6.2016 Deccan Herald - Business
Indian-origin food tycoon, dubbed as "Chicken King" for his successful poultry business in the UK, will add Tescos Giraffe restaurant chain to his empire as the British retail chain retrenches to focus on UK supermarkets. Ranjit Boparan will add Giraffe, acquired by Tesco in 2013 for 49 million pounds, to Boparan Holdings alongside the The Cinnamon Club, an upmarket Indian restaurant in central, The Times reported. Giraffe has 54 standalone restaurants, including 12 franchise sites and three within Tesco stores. "Giraffe is a much-loved brand and, while casual dining remains an important part of the shopping trip for many of our customers, we will continue to meet these needs through our Tesco Cafes and other providers," said Tesco chief executive Dave Lewis. The bulk of Boparans business is in supplying food to the big supermarket groups through 2 Sisters Food Group, a subsidiary of Boparan Holdings. The 49-year-old tycoon stands at No 267 on The Sunday Times Rich List with an estimated fortune of 430 ...
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UPDATE 2-UK Stocks-Factors to watch on June 10 10.6.2016 Sify Finance
(Adds company news item)
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Retail no man's land 9.6.2016 All Opinion Stories
Tesco demonstrates the art of the subtle U-turn
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McDonald's in historic agreement to contain Arctic cod fishing 25.5.2016 Deccan Herald - Business
Food giants McDonalds and Tesco have signed a "historic" agreement to not expand cod fishing into untouched parts of the Arctic, where the ice melt has sparked fears of a rush on unexploited areas, Greenpeace said today. "This is a historic agreement that brings together the main players in the cod fishing" in the Barents Sea and the Norwegian Sea, said Frida Bengtsson, a marine environment specialist at Greenpeace. "In the absence of significant legal protection of the icy waters of the northern Barents Sea, this is an unprecedented step from the seafood industry," she said. The agreement, which has been signed by global seafood suppliers as well as British retail chains Tesco, Sainsburys and Marks and Spencer, freezes bottom trawling in areas around the Svalbard archipelago. It requires seabed mapping to determine the fragility of an area before it is opened up for fishing. The agreement was brokered by environmental group Greenpeace and marks the first time the seafood industry has voluntarily ...
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Tesco Bank boss Benny Higgins spent more than £18,000 on taxis 20.5.2016 The Guardian -- Front Page

Despite a clampdown on costs, Higgins spent more than the annual salary of a supermarket shop assistant on taxis in eight months

The boss of Tesco Bank spent more than £18,000 on London taxis in just eight months last year, being taken to upmarket restaurants, private members’ clubs and the supermarket’s various head offices despite the tough new approach to costs adopted by the grocer’s chief executive, Dave Lewis.

When Lewis arrived at the business in October 2014, he ordered the immediate sale of the supermarket’s fleet of corporate aircraft and said he would be taking the train rather than a car into London from Tesco’s Hertfordshire head office. That saving alone, he said, would pay for an extra member of staff in store for a day.

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