Trends - Tesco - Business Recorder

Tesco

Tesco reports 2bn pounds profit after exceptionally strong sales

After seeing "exceptionally strong" sales during the COVID-19 pandemic.

Published 14 Apr, 2021 11:26am

Business & Finance

UK's Tesco commits to healthy food sales target after shareholder pressure

Some investors have been calling for Tesco, which has 27% of the UK's grocery market, to sell more healthy food, saying it was lagging rivals in its efforts to encourage healthy eating and combat obesity in the country.
Tesco said on Friday its 65% healthy products sales target would represent a jump from the current level of 58% and it would use the government's nutrient profiling model to define those products.

Published 05 Mar, 2021 06:58pm

Second increase in 2 days: Nepra raises Discos’ tariffs by 83 paisa per unit

ISLAMABAD: The National Electric Power Regulatory (Nepra) has increased tariffs of Distribution Companies (Discos) ...

Updated 12 Feb, 2021 09:35am

Business & Finance

UK supermarkets want 'urgent intervention' to ensure supplies to Northern Ireland

Three month grace period to adapt systems ends March 31.
UK supermarkets say current proposals "unworkable".
UK supermarkets say long term solution needed before March 31.
Says disruption inevitable if solution not found.

Published 13 Jan, 2021 05:50pm

Business & Finance

No mask, no shop - UK supermarkets insist on face coverings

With COVID-19 infection numbers rising sharply, the UK government has expressed concern about the spread of the virus in supermarkets.
To protect our customers and colleagues, we won't let anyone into our stores who is not wearing a face covering.

Published 12 Jan, 2021 08:29pm

Markets

Britain's Tesco to deny store entry to customers not wearing face covering

To help stem the spread of COVID-19, Tesco said it is also asking customers to shop alone, unless they are a carer or with children.

Published 12 Jan, 2021 07:06pm

Business & Finance

Tesco's Asia deal paves way for 5bn pound return to shareholders

The special dividend is expected to be paid around Feb. 26 2021, conditional on shareholder approval at a general meeting around Feb. 11.

Published 09 Dec, 2020 01:29pm

Business & Finance

Tesco suspends avocado supply from Kenyan plantation on rights concerns

Britain's biggest grocery retailer announced the move after law firm Leigh Day said Sunday it had initiated legal action against UK firm Camellia, whose subsidiary runs the site.

Published 12 Oct, 2020 04:59pm

Business & Finance

Britain's Tesco demands supplier price cuts by July 10

The source said the move by Tesco forms part of its shift to a so-called everyday low pricing (EDLP) strategy, which will see it use fewer promotions.
A Tesco spokesman declined to comment on the July 10 date, but said the group had been speaking to suppliers about its strategy going forward.

Published 03 Jul, 2020 08:31pm

Business & Finance

UK supermarket Tesco says sales jump in virus lockdown

Total sales excluding petrol surged to £13.4 billion ($16.6 billion, 14.8 billion euros) during the company's first quarter.
Britain's biggest retailer said in a trading update that customers shopped less often but purchased more goods.

Published 26 Jun, 2020 06:02pm

Business & Finance

Tesco finance chief Alan Stewart to retire in April 2021

Stewart joined Tesco in 2014 shortly after an accounting scandal had been exposed and played a key part in its successful turnaround.

Published 02 Jun, 2020 06:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00