Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).

I'm afraid it is no different for any other retailer.



Business rates and the national living wage risk crushing Tesco, the supermarket’s chief executive has warned, as the extra costs amount to a “potentially lethal cocktail".


Tesco-faces-potentially-lethal-cocktail-of-business-rates-wages-hikes-and-poor-profits.

tesco-and-asda-take-sales-hits-in-discount-battle

Tesco agrees to settle US class action

StockMarketWire.com

Tesco has reached agreement in principle to settle a class action begun in New York on behalf of the holders of the Company's American Depositary Receipts (ADRs) for USD12m.

ADRs represent about 2% of Tesco's total issued ordinary shares.

The class action was against the Company and certain of its former directors and alleged breaches of certain U.S. federal securities laws in connection with the overstatement of commercial income which was announced in September 2014.

The settlement agreement, which is subject to confirmation by a federal court in New York, provides for Tesco to pay US$12 million to settle the class action with no admission of liability.

This agreement, if confirmed, will settle one of two claims before US courts arising out of the commercial income overstatement. The other claim is brought in Ohio by the remaining holders of ADRs equivalent to less than 0.2% of the total issued ordinary shares of the Company.



Story provided by StockMarketWire.com

Perhaps we in Britain can get something back from the Directors, too ? - except any Fines are paid-for by shareholders, aren't they?

No wonder Directors think they are a Class-apart! ( did anyone mention Politicians ? )

At least the Americans act ,we do nothing over here.

Proactive investor - Tesco (LON:TSCO) dropped 1.54% as marketing expert Jill Easterbrook left her job unexpectedly, less than a year into the role as the supermarket’s transformation director.

If they don't bounce here in serious trouble. Be a brave man to call the bottom. Already at ten year lows. Watching.

I have taken a chance on a bounce but have quite a tight sl, physical shares

Ditto snip, but with a spread bet. Target 180p.

That's me out for now. Flogging a dead horse. Good luck snip. If we get a Santa Rally it may bounce, meantime on sidelines.

to have and to hold for me Chris. My spread betting days are long gone. Stop loss will protect and I can`t see tesco disappearing. Part of my well balanced and pretty defensive portfolio, now in drawdown so rather conservative

Telegraph,Trouble-for-Tesco-as-its-shares-close-at-18-year-lows.

I personally believe Lewis has no answers. He may come under pressure by the spring or before.

Important Christmas period trading statement 14 Jan 16

Tesco latest adverts are cringeworthy. Reckon we might bet a bounce back before Christmas before the numbers are released for holiday trading period. Its anyones guess what the market will do then.

The television used to be blitzed with Tesco adverts this time of the year ,in past years.
They have clearly cut the advertising budget.

Aldi-Lidl-sales-leap-15-shoppers-hunt-festive-bargains-Asda-Tesco-languish-behind.

nice to see tsco normalising, I removed the SL because of oil/ukx factors and am holding

changed me mind. Tsco not looking attractive today and can`t blame ukx. Am out

More chance of seeing £1 than £2 in the near future.