Dave Lewis

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Photograph:  Nick Ansell/PA Wire

Grocery retailer Tesco on Wednesday reported a 15.6 per cent fall in core profit, with a jump in sales due to the Covid-19 pandemic more than outweigh(...)

The need to fix the online groceries profit condundrum is critical for many of today’s supermarkets. Photograph: iStock

Jo Ronan had never done a grocery shop online before Covid-19. Now, she and her husband Mike doubt they will venture back into a supermarket until at (...)

Sainsbury’s supermarket in Leamington Spa, Warwickshire, England.

For an industry known for wafer-thin margins and cut-throat competition, UK food retail has benefited from a tide of good news in recent weeks. Indus(...)

Tesco was on its knees in 2014 when Alan Stewart left Marks & Spencer to join as chief financial officer.

Tesco’s finance chief, who helped steer the group from an accounting scandal to a successful turnaround, is to retire, setting the stage for an entire(...)

Sales were up 1.9 per cent on a like-for-like basis over the Christmas trading period

Tesco Ireland recorded sales of €1.02 billion in the final 19 weeks of last year, up 2 per cent on the same period a year earlier on a like-for-like b(...)

Analysts at Bernstein valued the Asian business at £6.5 billion to £7.2 billion.

Shares in Tesco jumped nearly 6 per cent in early trading at one point on Monday after Britain’s biggest retailer said it was considering a sale of it(...)

 Democratic presidential candidate senator Elizabeth Warren has specifically threatened to go after Facebook, Google and Amazon, which all have major operations in Dublin. Photograph:   Scott Eisen/Getty Images

On most issues, the surging US presidential candidate Elizabeth Warren’s catchphrase is that she has “a plan for that”. Her centrepiece business polic(...)

A panel at the Conservative party conference in Manchester muses about how to get Brexit on. Or possibly done. Photograph: Ian Forsyth / Getty Images.

Image of the week: Get your Brexit on Another week, another set of Brexit horrors in mantra-loving Britain, where in the bubble of the Conservative P(...)

Murphy will have to win over some sceptical observers when he takes over the biggest job in UK grocery retailing, replacing the outgoing Dave Lewis. Photograph: Tolga Akmen/AFP via Getty Images

“Ken who?” sneered one London financial analyst, after low-profile former Boots executive Ken Murphy was named as the next group chief executive of Te(...)

Ryanair declined 3.75% to €10.40, eradicating the previous session’s gain.

The FTSE 100 had its worst day in three years as stocks sold off on Wednesday amid fears that the fallout from the US-China trade war is spreading to (...)

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