Tesco PLC

Tesco Plc engages in the retailing and retail banking. It operates through the following segments: UK and ROI, and Central Europe. The UK and ROI segment caters to the United Kingdom and Republic of Ireland. The Central Europe segment covers the Czech Republic, Hungary, Poland, and Slovakia. The company was founded by John Edward Cohen in 1919 and is headquartered in Welwyn Garden City, the United Kingdom.

British supermarket giant Tesco plc (OTC: TSCDY) on Sunday said that it had suspended a Chinese supplier of Christmas cards after a secretive letter in one of the cards alleged forced labor.

UK Retailer Tesco Suspends Supplier As Girl Discovers Secret Letter Alleging Prison Labor Abuse

British supermarket giant Tesco suspended a Chinese supplier of Christmas cards on Sunday after a press report said a customer found a message written inside a card saying it had been packed by foreign prisoners who were victims of forced labor.

Tesco suspends Chinese supplier after suspected prisoner message

A six-year-old girl found a note inside one of the store’s holiday cards claiming to be from foreign prisoners in China.

British Grocery Chain Stops Work With Chinese Factory Over Forced Prison Labor Allegations

British supermarket Tesco says it has suspended production at a Chinese factory following allegations that prisoners were forced to pack charity Christmas cards.

Tesco stops production at Chinese factory after prison forced labor claims

Shares in Tesco  rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion.

Tesco shares jump on possible sale of Asian business

Britain's biggest supermarket chain Tesco  said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.

Britain's Tesco reviews Thai, Malaysian business for possible sale

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Tesco  will next week become the first major British supermarket group to offer a subscription customer loyalty scheme, the latest weapon in its fight to stem the market share gains of German-owned discounters.

Britain's Tesco takes on discounters with paid-for loyalty card

Tesco's  financial arm intends to appoint John Kingman, the businessman who oversaw Britain's bailout of its banks during the financial crisis, as its chairman, a source with knowledge of the matter told Reuters.

Tesco Bank to appoint John Kingman as chairman: source

When the little known Ken Murphy takes over next year as CEO of Tesco , Britain's biggest retailer, he will inherit something current boss Dave Lewis did not have the luxury of when he joined in 2014 - a strategy and a stable business.

In turbulent times, Tesco's new boss has something to build on

Tesco  boss Dave Lewis, credited with saving Britain's biggest retailer from collapse in 2014, will step down next summer after declaring its turnaround complete, handing over to a relative unknown catapulted into one of the sector's top jobs.

Job done - Tesco boss to quit next year

Tesco , Britain's biggest retailer, plans to cut around 4,500 jobs as part of a restructuring of its Metro stores in the latest blow to the high street.

Tesco to cut around 4,500 jobs in Metro restructuring

Tesco, Britain's biggest retailer, said it is considering trialing an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when a pilot would start.

Britain's Tesco says no timetable for 'finest' store launch

British retailer Tesco has no plans to exit its central European operations, Chairman John Allan said on Thursday.

Tesco has no plans to exit central Europe: chairman

Tesco is a share that should be avoided at all costs right now. This is why.

Why I Reckon Tesco's Share Price Could Slump (And Possibly As Soon As Next Week)

There are more than 6,500 Tesco stores worldwide, but there is one country where the British retailer failed to take off: the United States.

News for Tesco PLC Stock (TSCDY)