Tesco PLC
News and overview for Tesco PLC
Tesco Bank Selects Fiserv Platform [Press Release]
Business Wire | 2 days 17 hours 8 minutes ago
Tesco Bank has selected Fiserv, Inc. (NASDAQ: FISV) and the Signature™ bank platform to provide its core banking solution. Tesco Bank is developing new products and services and needs to build the systems and infrastructure platforms to help provide these services.
London lackluster; telecoms and miners contrast - MarketWatch
MarketWatch | 32 days 19 hours 49 minutes ago
The food sector grabbed attention early, with shares of supermarket-operator Tesco /quotes/comstock/23s!a:tsco (UK:TSCO 392.00, +8.50, +2.22%) up 2.2% at 392 pence.
Tesco Selects CA ecoSoftware to Manage Carbon Footprint Data Worldwide [Press Release]
PRNewswire | 54 days 16 hours 27 minutes ago
ISLANDIA, N.Y., Sept. 29 /PRNewswire-FirstCall/ -- CA, Inc.
Tesco plots to conquer telecoms sector
Observer (London), The | 2 days 20 hours 49 minutes ago
Supermarket seals deal with Cable & Wireless that will allow it to offer discounted internet and landline phone packages" /> <link rel="stylesheet" type="text/css" href="http://combo.guim.co.uk/82443/common/styles/wide/attention-data.css" media="screen
Tesco Sees Services Profits More Than Doubling
Wall Street Journal, The | 3 days 11 hours 35 minutes ago
Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K.-based Tesco PLC (TSCO.LN) Thursday said it wants to more than double the profit it generates from non-grocery businesses like its bank and telecoms services, as it outlined plans to expand internationally and make better use of its stores and online to grow these services nationally.
MANCHESTER & LONDON INVESTMENT TRUST PLC - Annual Financial Report [Press Release]
PRNewswire | 62 days 12 hours 58 minutes ago
Manchester & London Investment Trust Plc
Simon Evans: Tesco marches on to retail banking dominance
Independent (London), The | 22 days 4 hours 49 minutes ago
Home > News > Business > Business Comment
Tesco Seeks Banking Growth Without RBS, Lloyds Assets
Wall Street Journal, The | 3 days 12 hours 44 minutes ago
Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Tesco PLC (TSCO.LN) said Thursday that it continues with its plan to expand in the financial services area, although it insisted isn't interested in buying the assets being sold by Royal Bank of Scotland Group PLC (RBS) and Lloyds Banking Group PLC (LYG).
Tesco Telecom: 5-Yr Wholesale Broadband Network Pact With C&W
Wall Street Journal, The | 3 days 17 hours 41 minutes ago
LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) said Thursday Tesco Telecoms has engaged Cable & Wireless PLC (CWZ) as its wholesale broadband network in a new five year deal.
W.P. Carey-backed REITs close $90M sale-leaseback in Hungary
Real Estate Investment SmartBrief | 118 days 1 minute ago
Two non-traded REITs affiliated with W.P. Carey & Co. closed a $90 million sale-leaseback deal for Tesco Plc's 995,000 square foot portfolio of distribution facilities in Hungary. The REITs are CPA 16 Global and CPA 17 Global. The...
Tesco In Joint Venture To Build 3 Chinese Shopping Malls
Wall Street Journal, The | 10 days 11 hours 37 minutes ago
Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. supermarket group Tesco PLC (TSCO.LN) said Thursday it is to build three shopping malls in China in partnership with Asian investors as it seeks to expand its presence in the country.
EUROVESTECH PLC - Final Results [Press Release]
PRNewswire | 54 days 21 hours 29 minutes ago
29 September 2009 Eurovestech plc ("Eurovestech" or the "Company") Final results for the 15 month period ended 30 June 2009
/ CORRECTION - W. P. Carey & Co. LLC [Press Release]
MarketWire | 16 days 1 hour 26 minutes ago
NEW YORK, NY -- (Marketwire) -- 11/06/09 -- In the news release, "W. P. Carey Announces Third Quarter Financial Results," issued Thursday, November 05, 2009, by W. P. Carey & Co. LLC (NYSE: WPC), we are advised by the company that the fourth bullet point under the "QUARTERLY AND NINE-MONTH RESULTS" header should read "Net income for the third quarter of 2009 was $13.4 million, compared to $19.2 million for the same period in 2008. For the nine months ended September 30, 2009, net income was ...
W. P. Carey Announces Third Quarter Financial Results [Press Release]
MarketWire | 17 days 8 hours 46 minutes ago
NEW YORK, NY -- (Marketwire) -- 11/05/09 -- Investment firm W. P. Carey & Co. LLC (NYSE: WPC) today reported financial results for the third quarter ended September 30, 2009.
Tesco Signs Pact To Develop Shopping Malls In China
Wall Street Journal, The | 10 days 11 hours 37 minutes ago
LONDON (Dow Jones)--Tesco PLC (TSCO.LN), the U.K.'s biggest retailer by sales, said Thursday it has signed an agreement to set up the first in a planned series of joint ventures to develop shopping malls in China.
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Company Overview
| Company: | Tesco PLC |
|---|---|
| Industry: | Grocery Retail |
| Website: | http://www.tescoplc.com |
Tesco is proof of the good a little dressing up can do. The world's third-largest grocery retailer, Tesco runs more than 4,330 stores in the UK (where it's the #1 retailer), and 13 other countries in Europe, Asia, and now also in the US (under the Fresh & Easy banner). Built on the "pile it high, sell it cheap" creed of founder Sir Jack Cohen, Tesco abandoned its discount format, with its down-market image, for a variety of dressier midmarket formats. Its operations include supermarket, convenience, and gasoline retailing (Tesco Express), small urban stores (Tesco Metro), superstores (Tesco Extra), and financial services (Tesco Personal Finance). Tesco.com is Britain's leading Internet delivery service.
Key Numbers
| Sales in U.S. Dollars (mil.) | 77,454 (2009) |
|---|---|
| One-year % Growth in Sales | -17.5 (2009) |
| Net Income in U.S. Dollars (mil.) | 3,080.9 (2009) |
| One-year % Growth in Net Income | -26.9 (2009) |
| Number of Employees | 444,000 (2008) |
| One-year % Growth in Number of Employees | 7.5 (2008) |
| Fiscal Year-End | February |