Tesco

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Reuters - 15 giờ trước

Britain's Tesco intends to return $902.5 mln via additional share buyback

Britain's Tesco intends to return $902.5 mln via additional share buyback Nov 1 (Reuters) - Tesco TSCO.L , Britain's biggest supermarket group, said on Friday that it intended to return 700 million pounds ($902.51 million) to shareholders through an incremental share buyback, as it had completed its banking operations sale to Barclays BARC.L . The new programme is expected to start after the completion of the current 1 billion pound share buyback, Tesco said.

Reuters - 15 giờ trước

Tesco Intends To Return £700m To Shareholders Via Share Buyback

BRIEF-Tesco Intends To Return £700m To Shareholders Via Share Buyback Nov 1 (Reuters) - Tesco PLC TSCO.L : TESCO PLC - STRATEGIC PARTNERSHIP & SALE OF BANKING BUSINESS TESCO PLC - TO RETURN £700M TO SHAREHOLDERS VIA SHARE BUYBACK Source text: ID:nRSA4785Ka Further company coverage: TSCO.L

Reuters - 2 ngày trước

Sainsbury's sells Argos Financial Services cards portfolio for $934 mln

UPDATE 1-Sainsbury's sells Argos Financial Services cards portfolio for $934 mln Adds detail in paragraphs 2 to 8 Oct 31 (Reuters) - British supermarket Sainsbury's SBRY.L said it has sold its Argos Financial Services cards portfolio to NewDay Group for an expected 720 million pounds ($934 million) in line with its strategy to focus on its core retail business.

Reuters - 2 ngày trước

UK's Reeves commits to lower property taxes for retail, hospitality and leisure

UPDATE 1-UK's Reeves commits to lower property taxes for retail, hospitality and leisure Recasts with Reeves' commitments on business rates from 2026-27 LONDON, Oct 30 (Reuters) - British finance minister Rachel Reeves on Wednesday committed to lower business rates for high street stores to help "level the playing field" with their online rivals. Predominantly bricks-and-mortar retailers have for years complained that business rates - a property tax charged on most commercial properties to fund

Reuters - 3 ngày trước

UK retailer Next expects to join 1 bln pound profit club

UPDATE 3-UK retailer Next expects to join 1 bln pound profit club Q3 full price sales up better-than-expected 7.6% Sales boosted by arrival of colder weather Raises Q4 sales guidance to up 3.5% Shares up 1.4% Adds shares in paragraph 8, analyst comment 9-10, 14 By James Davey LONDON, Oct 30 (Reuters) - Next NXT.L said on Wednesday it expected to report annual profit in excess of 1 billion pounds ($1.3 billion) for the first time in its history in its current financial year, underscoring the succ

Reuters - 1 tuần trước

British Business - Oct 25

PRESS DIGEST-British Business - Oct 25 Oct 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Retail tycoon Mike Ashley has launched an attempt to become the Chief Executive of Boohoo BOOH.L , as he pushes for a possible merger between the troubled fast-fashion retailer and its rival Asos ASOS.L .

Reuters - 1 tuần trước

Unilever and Danone win back shoppers as price hikes slow

WRAPUP 2-Unilever and Danone win back shoppers as price hikes slow Adds detail in paragraphs 11 and 13; adds CFO comment in paragraph 14 Unilever, Danone beat third-quarter sales estimates Companies slow price hikes sharply and volumes spike Both firms maintain 2024 sales outlooks By Richa Naidu and Dominique Vidalon LONDON/PARIS, Oct 24 (Reuters) - Consumer goods groups Unilever ULVR.L and Danone DANO.PA beat third-quarter sales estimates on Thursday as they slowed price hikes and invested in i

Reuters - 2 tuần trước

UK consumers defy their budget worries to shop more

UPDATE 2-UK consumers defy their budget worries to shop more Retail sales volumes +0.3% m/m v Reuters poll -0.3% New iPhone launch and tech spending help boost Sept sales Joint biggest rise in Q3 sales volumes since mid-2021 Shoppers still cautious ahead of budget Recasts lead, adds quotes in paragraphs 6, 15, detail throughout By Suban Abdulla LONDON, Oct 18 (Reuters) - British retail sales unexpectedly rose in September, according to official data published on Friday that contradicted signs th

Reuters - 2 tuần trước

British Business - Oct 18

PRESS DIGEST-British Business - Oct 18 Oct 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British online retailer N Brown Group BWNG.L agreed to a 191 million pound ($248.72 million) takeover led by its majority shareholder Joshua Alliance.

Reuters - 2 tuần trước

Tesco Announces Signing Of UK Power Purchase Agreement, Securing 65% Of Solar Power Generation From Cleve Hill Solar Park

BRIEF-Tesco Announces Signing Of UK Power Purchase Agreement, Securing 65% Of Solar Power Generation From Cleve Hill Solar Park Oct 16 (Reuters) - Tesco PLC TSCO.L : TESCO: SIGNING OF UK POWER PURCHASE AGREEMENT, FACILITATED BY EDF, SECURING 65% OF SOLAR POWER GENERATION FROM CLEVE HILL SOLAR PARK TESCO - PROJECT SET TO BECOME OPERATIONAL IN EARLY

Reuters - 2 tuần trước

UK supermarket sales growth picks up as consumers start Christmas shopping

UK supermarket sales growth picks up as consumers start Christmas shopping UK supermarket sales up 4.7% in four weeks to Oct. 5 -NIQ Households spreading cost of Christmas General merchandise sales return to growth Ocado and M&S are fastest growing grocers Asda remains the laggard By James Davey LONDON, Oct 16 (Reuters) - Sales growth at British supermarkets picked-up over the last month, helped by consumers starting to make purchases for Christmas, industry data showed on Wednesday.

Reuters - 3 tuần trước

Sainsbury's biggest investor QIA cuts holding

UPDATE 2-Sainsbury's biggest investor QIA cuts holding Adds Sainsbury's declining to comment in paragraph 7 LONDON, Oct 11 (Reuters) - The biggest shareholder in Sainsbury's SBRY.L , the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares in the British supermarket group, reducing its holding by about 5%.

Reuters - 3 tuần trước

Sainsbury's biggest investor QIA cuts holding

Sainsbury's biggest investor QIA cuts holding LONDON, Oct 11 (Reuters) - The biggest shareholder in Sainsbury's SBRY.L , the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares in the British supermarket group. According to regulatory filings, QIA offered 109.4 million shares at a price of 280 pence, about 5% of its holding.

Reuters - 3 tuần trước

UK stocks slip as some companies trade ex-dividend; GSK shines

UPDATE 1-UK stocks slip as some companies trade ex-dividend; GSK shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window GSK rises after settlement of 80,000 Zantac litigations Precious metal miners jump on gold surge FTSE 100 down 0.1%, FTSE 250 off 0.6% Updated at 1550 GMT By Shubham Batra and Khushi Singh Oct 10 (Reuters) - The UK's main stock indexes slipped on Thursday as some of the companies traded without the entitlement of their

Reuters - 3 tuần trước

UK Stocks-Factors to watch on Oct 10

UPDATE 1-UK Stocks-Factors to watch on Oct 10 Adds new items, updates futures Oct 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%. * TRITAX EUROBOX: Brookfield Asset Management BAM.TO has agreed to buy Tritax EuroBox EBOX.L for 1.1 billion pounds ($1.44 billion), including debt, kicking off a possible takeover battle for the European logistics real estate firm.

Reuters - 3 tuần trước

UK Stocks-Factors to watch on Oct 10

UK Stocks-Factors to watch on Oct 10 Oct 10 - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.29%. * GSK: GSK GSK.L has agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts claiming that a discontinued version of the heartburn drug Zantac caused cancer, the company announced on Wednesday. * METALS: Copper prices rose in London on Thursday, rebounding from a two-week low hit in the previous session, as traders and investors awaited a China b

Reuters - 4 tuần trước

UK grocery inflation edges higher, says Kantar

UPDATE 1-UK grocery inflation edges higher, says Kantar UK grocery inflation was 2.0% in four weeks to Sept. 29 -Kantar Grocery sales up 2.0% over four week period year-on-year Ocado and Lidl are fastest growing grocers Tesco market share hits 28%, highest since 2017 Adds table, detail in paragraphs 10 to 12 By James Davey LONDON, Oct 8 (Reuters) - British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher, industry data showed on Tuesday.

Reuters - 4 tuần trước

UK grocery inflation edges higher, says Kantar

CORRECTED (OFFICIAL)-UK grocery inflation edges higher, says Kantar Corrects paragraph 7 after Kantar corrected its release to state Tesco achieved its largest share since December 2017, not its largest annual share gain this period since December 2017 LONDON, Oct 8 (Reuters) - British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher, industry data showed on Tuesday.

Reuters - 4 tuần trước

Unilever overhauling European homecare supply chain, executive says

EXCLUSIVE-Unilever overhauling European homecare supply chain, executive says By Richa Naidu LONDON, Oct 7 (Reuters) - Unilever ULVR.L is spending over 150 million euros ($165 million) to revamp its European homecare business' supply chain, a senior executive told Reuters, aiming to make up for years of underperformance and tap into young, post-pandemic shoppers.

Reuters - 4 tuần trước

UK's John Lewis says CEO Nish Kankiwala to revert to non-executive role

UPDATE 1-UK's John Lewis says CEO Nish Kankiwala to revert to non-executive role Adds detail paragraphs 3 to 6 LONDON, Oct 7 (Reuters) - British retailer the John Lewis Partnership said Chief Executive Nish Kankiwala will revert to a non-executive role by March next year. The country's largest employee -owned group, which runs John Lewis department stores and the upmarket Waitrose supermarket chain, said on Monday that after a transition period new chairman Jason Tarry will lead both the executi

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