Dave Lewis

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Shares in the supermarket chain jumped more than 4 per cent after news of Dalton Philips’s departure, a brutal verdict from the City on the Irish man’s time at the top. Photograph: PA

Dalton Philips, the globetrotting Irish retail executive, will soon be heading back to his homeland to reflect on the future after being sacked as chi(...)

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(...)

Tesco chief executive Dave Lewis announced plans yesterday to staunch the haemorrhage of customers and sales from its UK and Irish operations.Most of (...)

British grocer Sainsbury’s posted a better-than-expected performance in the Christmas quarter. Photo: Bloomberg

British grocer Sainsbury’s posted a better-than-expected performance in the Christmas quarter, though it was still hurt by a loss of share to discount(...)

Retailers are counting the cost of Black Friday as they survey the damage the discounts have done to their profit margins over the Christmas season. Photograph: Rob Stothard/Getty Images

It started out as a shameless marketing ploy to part shoppers with their cash. Now retailers are counting the cost of Black Friday as they survey the (...)

Tesco will also report on third-quarter sales and the key Christmas trading period. Photograph: Simon Dawson/Bloomberg

New Tesco boss Dave Lewis is expected to focus on cost cuts and asset sales when he provides an update on his plans to revive the troubled British gr(...)

Deepak Chopra: surely nulli secundus in the motivational guru game. photograph: charles sykes/bravo/nbcu photo bank via getty images

Last year brought us the new phrase “conscious uncoupling”; now it’s time for “conscious business”. The people behind this Friday’s Pendulum Summit in(...)

Tesco chief executive Dave Lewis: spelled out the scale of the problems facing the supermarket chain. Photograph: Tesco/PA Wire

Traders will be keeping a nervous eye on Tesco this Thursday, when the embattled supermarket behemoth is due to release a third-quarter trading update(...)

The latest supermarket ad tracker data shows Tesco has upped its advertising massively in the Irish market – by more than 100 per cent – so it won’t lose top billing without a fight. Photograph: Chris Ratcliffe/Bloomberg

Whisper it but, facing into 2015, there has been an outbreak of hope within the retail industry. After seven years of fretting across the retail sp(...)

Tesco chief executive Dave Lewis set to  unveil his strategy for turning round Britain’s biggest retailer. Photograph: Chris Radburn/PA Wire

TalkTalk has emerged as the frontrunner to acquire Blinkbox, Tesco’s loss-making video streaming service. A deal could be announced as soon as next we(...)

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