UK food retailers have had several difficult years of trading, but industry intentions are now clear and a consolidation of the sector is under way.
Investors on the lookout for bargains may wish to consider adding Tesco to their portfolios, according to Alastair McKinnon, manager of Scottish Investment Trust.
This morning (15 June) Tesco announced a 10th consecutive quarter of improved sales. Sales grew 1.8 per cent in the first quarter of 2018, compared to 1 per cent in same period last year, despite snow in Spring.
Each of the big four supermarkets have struggled in recent years to meet the ongoing competitive threats from Waitrose’s quality offer, the home delivery of Ocado, the discounters, and now the potential threat of the ‘beast’ called Amazon. There have been multiple responses to these threats, with each of them now having a strong local offering, while also delivering to your home.
We take a look at whether Tesco shares have become a more attractive bet, on the back of the firm returning to the dividend register.
With Amazon entering the market – should investors avoid the sector?
Half-year results from Tesco were predictably bad, but a lack of fresh ideas has angered investors.
The price war being waged by supermarkets 'is hindering the retail sector's overall recovery', claims one analyst.
More than half of people are considering banking or taking out insurance with their supermarket over the next 12 months because of competitive pricing and loyalty rewards, according to research.
Asda has rebranded its financial arm as Asda Money and launched a new cashback credit card.
Despite Tesco's stock plummeting, bargain hunters were in short supply. But will this remain the case?