ShoreCap reiterates 'buy' on Tesco in anticipation of 'strong' first half numbers

2nd Sep 2021 12:51

(Sharecast News) - Analysts at ShoreCap reiterated their 'buy' recommendation on Tesco shares, telling clients they anticipated "strong" first half numbers.

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Grocery sales falling more slowly in last four weeks

17th Aug 2021 09:43

(Sharecast News) - Grocery sales fell 4% year-on-year over the 12 weeks to 8 August, fresh data revealed on Tuesday, although sales were declining much more slowly in the shorter term, by 0.5% over the past four weeks.

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Grocery sales falling more slowly in last four weeks

17th Aug 2021 09:43

(Sharecast News) - Grocery sales fell 4% year-on-year over the 12 weeks to 8 August, fresh data revealed on Tuesday, although sales were declining much more slowly in the shorter term, by 0.5% over the past four weeks.

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Tesco Bank to close all current accounts by November

26th Jul 2021 15:58

(Sharecast News) - Tesco Bank on Monday said it was closing its current account operation from November, leaving 213,000 customers to make new arrangements.

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UK supermarkets fear panic-buying amid 'pingdemic' fiasco

22nd Jul 2021 11:02

(Sharecast News) - British supermarkets have called on the government to include the sector in its plan to exempt critical workers from isolation if they have been "pinged" by the NHS Covid test-and-trace app amid fears of food shortages on shop shelves.

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Supermarket sales ease as shoppers get back to normal

22nd Jun 2021 10:17

(Sharecast News) - Supermarket sales eased over the last three months, industry data showed on Tuesday, as shoppers made more regular trips but spent less.

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Monday broker round-up

21st Jun 2021 13:05

(Sharecast News) - SSE: Jefferies downgrades to hold with a target price of 1,680p.

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Tesco Q1 group sales slow as Covid restrictions ease

18th Jun 2021 07:01

(Sharecast News) - UK supermarket group Tesco reported a small rise in first quarter like-for-like sales, reflecting the lifting of Covid restrictions as more people started to eat out again.

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Friday preview: UK retail sales, Tesco in the spotlight

17th Jun 2021 09:22

(Sharecast News) - The market spotlight at the end of the week will be on UK retail sales data for May.

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Capita wins £58m contract renewal with Tesco Mobile

10th Jun 2021 07:52

(Sharecast News) - Capita On Thursday said it had won a £58m three-year contract renewal with Tesco Mobile to operate the telecoms firm's customer services.

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UK retail sales jump as economy reopens

8th Jun 2021 10:59

(Sharecast News) - UK retail sales strengthened in May, industry data showed on Tuesday, as the economy continued to emerge from lockdown.

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Tesco and Carrefour will not renew their purchasing alliance

7th Jun 2021 09:16

(Sharecast News) - French supermarket group Carrefour and UK retailer Tesco announced on Monday that they would not extend their purchasing alliance.

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Supermarket shoppers return to stores as lockdown eases

5th May 2021 11:02

(Sharecast News) - Online grocery sales growth slowed in April as increasingly confident shoppers started returning to stores following the easing of lockdown restrictions, a survey showed.

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Vaccinated shoppers help boost UK supermarket sales

27th Apr 2021 10:40

(Sharecast News) - Take-home grocery sales are continuing to grow, industry data showed on Tuesday, as the ongoing vaccine rollout and easing of lockdown restrictions boost demand.

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Monday broker round-up

19th Apr 2021 13:52

(Sharecast News) - tinyBuild: Berenberg initiates at buy with a target price of 295p.

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