THE US retail giant Costco is diving into the thorny area of food retail in China with its first store opening this week, but analysts warn it faces a tough ride as it looks to succeed where a...

[LONDON] Tesco, Britain's biggest retailer, said on Monday it will implement a 10.45 per cent pay rise for store and distribution centre staff by October 2020, though they will lose an annual...

[LONDON] Tesco reported a better-than-expected 34 per cent rise in full-year operating profit and hiked its dividend on Wednesday (April 10), cementing the recovery of Britain's biggest retailer...

IN BRITAIN'S retail apocalypse, culling staff might seem like an obvious course of action for hard-pressed store chains....

[LONDON] Britain's biggest retailer, supermarket group Tesco, said Monday that it planned to axe up to 9,000 jobs under the next stage of a vast restructuring programme, as it continues to...

EUROPE'S retail crisis deepened as companies in the UK and Germany are set to cut thousands of jobs as online shopping accelerates the erosion of sales from traditional bricks-and-mortar...

[BERLIN] Europe's retail crisis deepened as companies in the UK and Germany are set to cut thousands of jobs as online shopping accelerates the erosion of sales from traditional bricks-and-...

[LONDON] Tesco, Britain's biggest supermarket chain, may cut thousands of jobs by closing in-store meat, fish and delicatessen counters and by replacing staff canteens with vending machines,...

[LONDON] The last of three former senior directors of Tesco accused of fraud at Britain's biggest retailer in 2014 has been formally acquitted, leaving the Serious Fraud Office without a...

BRITISH retailers failed to increase their Christmas sales for the first time since the depths of the global financial crisis a decade ago, adding to signs of an economic slowdown ahead of Brexit...