LONDON, Oct 16 (Reuters) - Just six weeks into his job, Tesco boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of ...

Competition intensifies to buy UK supermarket stores despite uncertainty - Grocery properties are ‘proving to be one of the ...

Tesco Plc says there’s no need for a fire sale of its assets. The U.K.’s largest grocer still will have to put more of its pieces on the block to supplement the turnaround plan it unveiled ...

or its business and assets,” administrators at Begbies Traynor said. Jan Marchant, managing director of home and clothing at Tesco, said Paperchase was a “well-loved brand by so many” and ...

One of the biggest assets Tesco has at its disposal is its long-established loyalty program, he says: Over the last few years, we've been working hard to build out a unique and powerful digital ...

Supermarket Income REIT, which rents out properties to some of the UK’s biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in ...

Tesco said the deal would offload a part of the business that needs a lot of investment, while it retains other assets that need less. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown ...

The deal removes £7.7bn of capital-intensive assets and £6.7bn of financial liabilities from the supermarket's balance sheet and allows Tesco to focus on its sprawling retail empire. Tesco said ...

or its business and assets, on a going concern basis. However, this sale reflects the interest in the well-known and established brand and will enable the brand to continue in Tesco stores across ...

Tesco is to raise store worker pay by 5.2% over the next six months but strip away a 10% premium for working on a Sunday. The UK's biggest retailer said it was to stagger the increase, with the ...