Edition:
India

James Davey

Tesco shares jump on possible sale of Asian business

09 Dec 2019

LONDON Shares in Tesco rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion. | Video

Japan's Aeon signs up Ocado in online grocery bet

29 Nov 2019

TOKYO/LONDON Japan's biggest supermarket group, Aeon Co Ltd has hired British online grocery pioneer Ocado to develop its e-commerce business, hoping to fend off rivals such as Amazon as more customers buy groceries online. | Video

M&S poaches Tesco executive for top clothing job

22 Nov 2019

LONDON British retailer Marks & Spencer has appointed the chief executive of rival Tesco's F&F Clothing division to be the boss of its struggling clothing and home business, it said on Friday.

UPDATE 2-M&S poaches Tesco executive for top clothing job

22 Nov 2019

* Richard Price named M&S's managing director clothing & home

For British shoppers, November is the new Black Friday

22 Nov 2019

LONDON With harsh lessons learnt from past Black Fridays, British retailers are stretching promotions over several weeks, aiming to smooth out consumer demand and reduce the pressure on supply and distribution networks.

Kingfisher's deteriorating sales highlight new boss's tough task

20 Nov 2019

LONDON The new boss of Kingfisher criticised the British home improvement group's "organisational complexity" as it reported a worsening decline in quarterly sales, underlining the uphill task he faces to stem falling profits.

UPDATE 2-Kingfisher's deteriorating sales highlight new boss's tough task

20 Nov 2019

LONDON, Nov 20 The new boss of Kingfisher criticised the British home improvement group's "organisational complexity" as it reported a worsening decline in quarterly sales, underlining the uphill task he faces to stem falling profits.

UPDATE 2-UK online electricals retailer AO pulls plug on Dutch business

19 Nov 2019

* Forecasts full-year results within analysts' forecast range

Britain's Asda blames Brexit uncertainty for sales dip

14 Nov 2019

LONDON Asda, the British supermarket arm of the world's biggest retailer Walmart , blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers' spending patterns.

UPDATE 2-Britain's Asda blames Brexit uncertainty for sales dip

14 Nov 2019

LONDON, Nov 14 Asda, the British supermarket arm of the world's biggest retailer Walmart, blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers' spending patterns.

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