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).

cut the pay of some staff that joined pre 1996

Is that how you reward 20 years servıce?

Yep disgusting . What is that going to make the company , another couple of hundred grand. You will be walking into the shops with no lights on soon. They sound desperate .

A Tesco shopper has been awarded £1.1m in compensation after slipping on grapes inside her local store.

She has sued Tesco after suffering severe back injuries when she slipped in the fruit section of the supermarket.

She was awarded €1.4m damages after the retail giant admitted liability on the first day of a court hearing.

Ah! that will the Litigation Society.. started in Gun Nutter land and followed over here now.. UK citizens fall for it again sadly.

its time to buy 265p is coming dyor

Just seen the compensatıon for slıppıng on grapes.

Wont bother buyıng the stock. Off to the Express to fınd somethıng to trıp over on!!!!

265 is coming, what year ?

Still losing sales.

Tanker,

I think you're about £1 out. I can see 165p coming.

1 Jun HSBC 275.00 Buy

Just cannot see it. I read that by 2020 with market share and new build stores, Aldi and Lidl will be classed with the other 4 supermarkets as the big six. Surely with every new store opening, Tesco will come under future pressure.

time to buy .

They are being talked up by the brokers. :-)) Dave is not moving fast enough.

Hope you did not buy Tanker.


Motley fool -

The worst over?

Although shares in Tesco (LSE: TSCO) have picked up a little over the past two weeks, at 165p today they’re still 16% down from their highest level so far in 2016, which was towards the end of March.

The good news is that Tesco returned to profit for the year ended February 2016 — only a very small profit, but there are rises forecast for the current year and next, and that’s definitely the right direction. But the problem for me is that Tesco shares seem to be priced as if the bad days are over — even after two more years of forecast EPS growth, we’d still be looking at a P/E of more than 18 and at dividends that are a shadow of their former selves.

And with those results, chief executive Dave Lewis spoke of an ongoing “challenging, deflationary and uncertain market“. The price wars are not over — they are, in fact, still in full swing, with Lidl and Aldi opening new stores almost daily while Tesco, erm, isn’t. Tesco shares seem to keep attempting a recovery, only to dip back down again when the optimism proves unfounded — and I think the same could happen again if first-quarter results don’t shine.

Tesco vs. Sainsbury’s: which is better-placed to deal with the challenges ahead?

Proactive investor - Tesco will release a trading update Thursday, investors will be keen to know if its turnaround can continue.

The motely fool - The Cheshunt chain needs to start pulling rabbits out of hats to fight off the rampant rise of Aldi and Lidl. And I believe an elevated forward P/E ratio of 23 times for the current fiscal period indicates that now is certainly not a tempting time to pile-in.

(ShareCast News) - Tesco, Sainsbury, Asda and Morrison lost further market share to discounters as the Big Four all saw sales drop in the weeks following the Brexit vote, though as a whole the sector saw sales bounce back slightly on previous months.
A monthly report from research firm Kantar Worldpanel showed UK supermarket sales rose 0.1% in the 12 weeks to 19 July, having fallen 0.2% in the period to 19 June and 0.4% a month before that.

Grocery prices fell 1.4% for the period, which was the same rate of deflation as reported a month ago and the 24th consecutive fall.

Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said the EU referendum result appeared to have no immediate impact on the prices retailers were charging or consumer sales volumes, though it "remains to be seen" if the Brexit vote will bring about any price rises this year.

The impact that was clear was that big supermarkets lost sales and market share to discounters, appearing to back up recent research that found many shoppers were planning to switch to cheaper grocery brands as they batten down the hatches in anticipation of tougher times ahead. http://www.digitallook.com/news/news-and-announcements/clothing-retailers-face-more-tough-times-from-brexit-nielsen-survey-shows--1383556.html

Among the 'big four' supermarkets, Tesco saw sales fall the least, down 0.7%, and its 0.2% loss of market share to 28.3% was the group's slowest rate of share loss since March 2014 and was helped by an improved performance from its larger stores.

Sainsbury's sales slipped 1.1%, the second lower move in a row after a long upward streak, which dragged its market share down by 0.2 percentage points to 16.3%.

Sales dropped 5.6% at Asda, where new chief executive Sean Clarke is poised to launch a new round of heavy price cuts, with market share shrinking rapidly to 15.5% from 16.4%.

Morrisons sales fell 1.8%, which was its best results since January and is more to do with the sale of its convenience store estate late last year, while its market share fell by 0.2 percentage points to 10.7%.

The biggest poachers of market share from the big guns were Lidl, whose share rose to 4.5% from 4%, and Aldi, which now has 6.2% of the market, up from 5.6% last month.

Co-op's market share grew to 6.4% from 6.3%, Waitrose challenged the narrative with growth to 5.1% from 5.0%, while Iceland was up to 2.1% from 2.0%.

Short positions in Tesco are over four times the average compared to other FTSE 100 stocks. I have Never been convinced the turnaround is working.

"The SFO today charged three individuals, Carl Rogberg, 49, Christopher Bush, 50, and John Scouler, 48, with one count of Fraud by Abuse of Position, contrary to section 1 and 4 of the Fraud Act 2006 and one count of False Accounting contrary to s17 Theft Act 1968.

The alleged activity occurred between February 2014 and September 2014.

The above-named individuals have been requisitioned to appear at Westminster Magistrates’ Court on 22 September 2016.

The investigation into Tesco PLC remains ongoing."

Just wonder if the auditors will be involved, after all they have over seen the accounts and signed them off ?