Tesco: profits for the year are likely to come in at about £450 million – a huge turnaround on the £6.4 billion loss of the previous year. Photograph:   Rui Vieira/PA Wire

A year ago, Tesco posted one of the biggest corporate losses ever seen in Britain, a massive £6.4 billion plunge into the red. The record loss for t(...)

Shares in Halfords, which runs 470 stores and 305 Autocentre car repair units, were up 2.1 per cent in early trade to 495 pence

British car parts to bikes retailer Halfords posted a better than expected rise in annual profit as its customer service push and improved cycling ran(...)

Tesco appears to have found a formula to stanch the alarming loss of customers that has afflicted its Irish and UK operations. Photograph: Simon Dawson/Bloomberg

After being recently toppled as Ireland’s largest grocer by market share, Tesco has again drawn level with SuperValu at the top of the league table, w(...)

Halfords has been seeking a CEO since January, when Davies announced that he planned to step down to join Tesco as head of the supermarket company’s UK operations.  Photograph: Jason Alden/Bloomberg

Halfords Group Plc hired the head of McDonald’s UK operations as its new chief executive officer, ending a near three-month search for a successor to (...)

Analysts caution that the road to recovery at Tesco will be a long one

At last, something for the man with the toughest job in retail to smile about: sales at Tesco have returned to growth for the first time in a year.Pri(...)

Tesco said it would reduce its capital expenditure for next year to £1 billion, from no more than £2.1 billion this year and cut costs by £250 million a year

Tesco has confirmed there will be no store closures in the Republic of Ireland as the group plans to sell assets and cut costs to fund lower prices(...)

Endorsements by retired Olympian cyclist Victoria Pendleton helped drive revenues at Halfords. Photograph: Clive Brunskill/Getty Images

A better than expected 8.8 per cent rise in retail sales at Halfords was fuelled by a 15.5 per cent jump in cycle sales, with brands endorsed by Olymp(...)