|Bid||169.85 x 215000|
|Ask||170.00 x 175000|
|Day's Range||166.50 - 170.05|
|52 Week Range||153.00 - 219.40|
|PE Ratio (TTM)||-339.90|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Tesco, Britain's biggest retailer, is to offer a one-hour grocery delivery service to customers in central London, firing the latest salvo in the cut-throat online supermarket sector. Online shopping is one of the better-performing parts of Britain's retail sector and has become a key battleground for the big supermarkets as they grapple with the growth of German discounters Aldi [ALDIEI.UL] and Lidl [LIDUK.UL]. Britain's online food market is expected to grow by 54 percent to 16 billion pounds ($20.3 billion) in the five years to 2022, according to industry research group IGD.
When identities are public, private intentions are easier to guess at. A mystery short seller of Tesco turns out to be Tiger Global, which sometimes bets on retail disrupters and against incumbents. The ...
The grocery delivery wars look set to get cooking... UK supermarket chain Tesco has announced the launch today of a one-hour delivery service in central London called Tesco Now -- echoing Amazon's Prime Now delivery branding.This comes hot on the heels of the news that ecommerce giant Amazon is wading into the bricks-and-mortar grocery...