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08.10.26 - 09:24
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Tesco lifts profit forecast and says consumer confidence is resilient (The Guardian)
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Sales rise 2% to £33.8bn in the past six months, helped by strong trade onlineBusiness live – latest updatesTesco has raised its annual profit forecast as the supermarket group said consumer confidence has remained relatively resilient this year despite ongoing geopolitical tensions “creating uncertainty”.The UK's biggest grocer said sales rose just 2% to £33.8bn in the first six months of its financial year but underlying profit was up 6.5% to £1.8bn. Continue reading......
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08.10.26 - 09:06
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Oil prices climb amid supply fears and shipping attacks; prospect of rate rise weighs on UK housing market – business live (The Guardian)
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Brent crude heads towards $103 a barrel while Asian shares slideThe solid Tesco results show why its future looks less like a supermarket chain and more like a consumer data platform, says Nick Sherrard, managing director of the consultancy Label Sessions.He explains:Tesco has turned in another solid set of results, showing it can keep growing even when the wider economy feels uncertain. Sales, profits, and cash generation are all moving in the right direction, and record customer satisfaction suggests shoppers are responding to its mix of low prices, better quality, and easier ways to shop.Bigger picture, the company's growth has quietly become a technology story. Clubcard is one of the richest customer datasets in the UK and its retail media business is now using that to sell very effectively to suppliers. On the consumer side, more personalised offers, wider rewards, and tools like the new AI meal planner seem to be landing well with shoppers, helping Tesco deepen relationships and keep customers choo...
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08.10.26 - 06:09
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TAGESVORSCHAU: Termine am 8. Oktober 2026 (DPA-AFX)
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FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Donnerstag, den 8. Oktober^TERMINE UNTERNEHMEN07:10 DEU: Südzucker, Q2-Zahlen (detailliert)08:00 GBR: Tesco, Halbjahreszahlen08:00 GBR: Imperial Brands, Q4-Umsatz12:00 ......
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07.10.26 - 17:45
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TAGESVORSCHAU: Termine am 8. Oktober 2026 (DPA-AFX)
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FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Donnerstag, den 8. Oktober^TERMINE UNTERNEHMEN07:10 DEU: Südzucker, Q2-Zahlen (detailliert)08:00 GBR: Tesco, Halbjahreszahlen08:00 GBR: Imperial Brands, Q4-Umsatz12:00 ......
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06.10.26 - 20:24
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Morrisons is not a must-do deal for Sainsbury′s (The Guardian)
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Odds are good the CMA would approve of a supermarket merger. But does Sainsbury's need Morrisons?Would competition regulators really smile upon a combination of Sainsbury's and Morrisons? One must assume the two companies believed the Competition and Markets Authority (CMA) would give a thumbs up if asked, otherwise they would not have initiated their now-aborted merger talks.It's easy to list the arguments the duo could make. First, the combined market share of Sainsbury's (15.2%, on the latest numbers from Worldpanel analysts) and Morrisons (8.4%) would still be less than that of mighty Tesco (27.8%). It would not be a case of leap-frogging the market leader, which was Sainsbury's big idea back in 2018 when Asda was in its sights. Continue reading......
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