|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.59 - 8.63|
|52 Week Range||6.34 - 8.86|
|PE Ratio (TTM)||24.74|
|Forward Dividend & Yield||0.08 (0.92%)|
|1y Target Est||N/A|
For some time, SMEs have been considered laggards when it comes to technology. The costs associated with developing the necessary technological advancements needed to keep up with the mainstream, the very advancement also necessary to ease margin pressures, are just too high for small to medium size companies to absorb. However, with new companies such as Repux, SME’s big data problem is about to be solved.
Rating Action: Moody's upgrades Morrisons to Baa2; outlook stable. Global Credit Research- 16 Jan 2018. London, 16 January 2018-- Moody's Investors Service has today upgraded to Baa2 from Baa3 the long-term ...
U.K. stocks rise, led higher by tobacco and mining companies boosted by a weaker pound and a rise in metals prices.
By Danilo Masoni and Julien Ponthus MILAN/LONDON (Reuters) - Underwhelming Christmas updates at retailers Tesco and Marks and Spencer weighed on the UK's top share index on Thursday but failed to prevent ...
Tesco's Christmas trading missed forecasts as strong food sales were offset by weak demand for items such as DVDs and computer games, showing that even Britain's biggest supermarket chain is feeling the strain as consumers curb their spending. Market research this week had identified Tesco as a festive winner, but the group said lower sales of general merchandise and the collapse of a tobacco supplier cast a shadow over a record week of trading before Dec. 25. Britons, whose spending power has been squeezed by inflation, prioritised food this Christmas and cut back on nearly everything else, industry data has shown.
Britain's biggest retailer Tesco missed forecasts for Christmas trading as strong food sales were undermined by weak demand for general goods such as DVDs and computer games. Market research this week had identified Tesco as a festive winner, but the supermarket group said a fall in general merchandise sales and the collapse of a key tobacco supplier cast a shadow over a record week of trading before Dec. 25. Rivals Sainsbury's, Britain's second largest supermarket group, and fourth-ranked Morrisons, both beat forecasts for Christmas trading.
U.K. stocks finish higher Tuesday, with the blue-chip index nabbing another record as Wm. Morrison Supermarkets PLC helps lead gains in retail shares following its upbeat Christmas sales update.
Britain's fourth biggest supermarket chain Morrisons beat sales growth forecasts over Christmas while industry data indicated market leader Tesco outperformed smaller listed rivals during the festive season. The survey data from both Kantar Worldpanel and Nielsen showed Tesco enjoyed the strongest performance of Britain's big four chains over the Christmas quarter with total sales growth put at 3.1 percent and 3.4 percent respectively. The data showed second placed Sainsbury's and third ranked Asda performed solidly, but also that privately-owned German discounters Aldi UK and Lidl UK continued to outpace the sales growth of all the big four, winning market share from all but Tesco.
British supermarket chain Morrisons beat sales growth forecasts over Christmas while industry data indicated market leader Tesco probably outperformed smaller rivals during the festive season. With Britons facing pressure from slow wage growth and the jump in inflation that followed the 2016 Brexit vote, company updates and data this month have shown they chose to prioritise spending on food and drink over the holiday season.
Britain's biggest supermarket group Tesco (TSCO.L) was the best performer over Christmas, Kantar Worldpanel said on Tuesday, with a 3.1 percent rise in sales in the past 12 weeks beating its "big four" rivals Sainsbury's, Asda and Morrisons. Asda, owned by Walmart (WMT.N), increased sales by 2.2 percent in the period to Dec. 31, while 2.1 percent more came through the tills at Morrisons (MRW.L) and Sainsbury's (SBRY.L) was up 2.0 percent, the research group said.
Tesco PLC (LSE:TSCO) trades with a trailing P/E of 36.8x, which is higher than the industry average of 25x. While TSCO might seem like a stock to avoid or sellRead More...
In the past couple of decades the world has gone through so many changes, although perhaps one of the things that has changed our lives the most is the convenience that e-commerce platforms bring us, so we were curious to find out which are the largest online retailers in the world in 2017. Online shopping […]
Ever wondered what your shopping habits say about your driving? Britain's big supermarkets have. The two biggest, Tesco (TSCO.L) and Sainsbury's (SBRY.L), are offering discounts on financial products such as car insurance based on the predictability of people's shopping, a step beyond the traditional route of price cuts in return for brand loyalty.
Ever wondered what your shopping habits say about your driving? Britain's big supermarkets have. The two biggest, Tesco and Sainsbury's, are offering discounts on financial products such as car insurance based on the predictability of people's shopping, a step beyond the traditional route of price cuts in return for brand loyalty.
Tesco, Britain's biggest retailer, has struck a deal with Next to trial a clothing concession in one of its largest supermarkets, it said on Thursday. As UK shoppers increasingly use smaller convenience stores and shop online, Tesco, in common with Britain's other major supermarket groups, is refitting its once bustling superstores with new attractions such as rival retail brands to fill space. The trial would take place in the Tesco Extra store at Surrey Quays, east London, with Next taking 4,300 square feet of space, a spokeswoman for Tesco said.
Britain's major supermarkets sought to reassure smokers on Wednesday that the collapse of Palmer & Harvey (P&H), the UK's biggest tobacco distributor, would not lead to shortages of cigarettes. P&H, which also delivers food and drink to supermarkets and convenience stores, went into administration on Tuesday after running out of cash, raising the possibility of tobacco shortages across the UK. Analysts said the stores of Britain's major retailers would typically hold a few days tobacco stock.
U.K.’s benchmark stock index closes with a tiny loss on Tuesday, with miners weighing the most after Chinese data suggested economic growth in the world’s second-largest economy is slowing down.
By Danilo Masoni and Kit Rees MILAN (Reuters) - Britain's top stock index steadied on Tuesday as Tesco (TSCO.L) rallied after it won approval for a takeover and Vodafone (VOD.L) reported strong results, ...
Tesco (TSCO.L) won provisional approval for its 3.7 billion pound ($4.9 billion) takeover of wholesaler Booker (BOK.L) from the UK competition regulator on Tuesday, moving Britain's biggest retailer closer to securing a new avenue of growth. The Competition and Markets Authority (CMA) said it had conducted an in-depth review and provisionally concluded that Tesco's purchase of Booker does not raise competition concerns. Tesco's move on Booker in January sparked further consolidation in Britain's 185 billion pound grocery market as supermarkets seek additional sources of growth.
Tesco won provisional approval for its 3.7 billion pound ($4.9 billion) takeover of wholesaler Booker from the UK competition regulator on Tuesday, moving Britain's biggest retailer closer to securing a new avenue of growth. The Competition and Markets Authority (CMA) said it had conducted an in-depth review and provisionally concluded that Tesco's purchase of Booker does not raise competition concerns. Tesco's move on Booker in January sparked further consolidation in Britain's 185 billion pound grocery market as supermarkets seek additional sources of growth.