UK supermarkets call for calm as coronavirus fears trigger panic buying

UK supermarkets call for calm as coronavirus fears trigger panic buying

British supermarkets have called on consumers to be more considerate and reiterated they have adequate supplies, as the coronavirus saw shelves plundered and a surge in online orders.
UK retailer Tesco sells Thailand, Malaysia ops for US$10.4 billion

UK retailer Tesco sells Thailand, Malaysia ops for US$10.4 billion

Britain's biggest retailer Tesco said Monday (Mar 9) that it has agreed to sell its businesses in Thailand and Malaysia to Thai conglomerate CP Group for £8.0 billion (US$10.4 billion).
Britain's biggest retailer Tesco set to axe up to 9,000 jobs

Britain's biggest retailer Tesco set to axe up to 9,000 jobs

Britain's biggest retailer, supermarket group Tesco, said on Monday (Jan 28) that it planned to axe up to 9,000 jobs under the next stage of a vast restructuring programme, as it continues to come up against increasing competition from German discount retailers Aldi and Lidl.