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<title><![CDATA[RSS for Tesco Plc]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about Tesco Plc on FOXBusiness.com.]]></description>
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<title><![CDATA[Tesco will not pay executive bonuses without rise in profits]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/23/tesco-will-not-pay-executive-bonuses-without-rise-in-profits/?]]></link>
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<pubDate><![CDATA[Thu, 23 May 2013 10:36:17 EDT]]></pubDate>
<description><![CDATA[Tesco executives will not receive a bonus in the current financial year unless they can reverse a decline in profits at Britain's biggest supermarket operator, the company said in its annual report on Thursday.]]></description>
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<title><![CDATA[Of Big 4 Supermarkets, Only Sainsbury's Increases Market Share - Kantar]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/21/big-4-supermarkets-only-sainsbury-increases-market-share-kantar/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/21/big-4-supermarkets-only-sainsbury-increases-market-share-kantar/</guid>
<pubDate><![CDATA[Tue, 21 May 2013 06:27:34 EDT]]></pubDate>
<description><![CDATA[Discount retailer Aldi recorded a record market share of 3.5% and sales growth of 31.5% in this 12 weeks to May 12, while among of the four leading supermarkets, only J Sainsbury PLC (SBRY.LN) increased its market share, according to market research company Kantar Worldpanel.]]></description>
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<title><![CDATA[Tesco clothing brand plans international expansion]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/19/tesco-clothing-brand-plans-international-expansion/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/19/tesco-clothing-brand-plans-international-expansion/</guid>
<pubDate><![CDATA[Sun, 19 May 2013 08:21:46 EDT]]></pubDate>
<description><![CDATA[The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.]]></description>
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<title><![CDATA[Abercrombie Agrees to Sign Bangladesh Accord]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/05/16/abercrombie-agrees-to-sign-bangladesh-accord-to-improve-worker-conditions/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/05/16/abercrombie-agrees-to-sign-bangladesh-accord-to-improve-worker-conditions/</guid>
<pubDate><![CDATA[Thu, 16 May 2013 10:56:35 EDT]]></pubDate>
<description><![CDATA[Abercrombie & Fitch verbally agreed this week to sign the Bangladesh fire and building safety accord to improve worker conditions in the world’s second-largest apparel exporter behind China.]]></description>
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<title><![CDATA[Asda's first quarter sales rise 1.3 percent]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/16/asda-first-quarter-sales-rise-13-percent/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/16/asda-first-quarter-sales-rise-13-percent/</guid>
<pubDate><![CDATA[Thu, 16 May 2013 07:11:04 EDT]]></pubDate>
<description><![CDATA[Asda, the British arm of United States retailer Wal-Mart , said underlying sales rose 1.]]></description>
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<title><![CDATA[EU Commission says Visa Europe offers to cap fees]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/14/eu-commission-says-visa-europe-offers-to-cap-fees/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/14/eu-commission-says-visa-europe-offers-to-cap-fees/</guid>
<pubDate><![CDATA[Tue, 14 May 2013 11:54:25 EDT]]></pubDate>
<description><![CDATA[Visa Europe, the European licensee of Visa Inc. , has offered to cap its inter-bank credit card fees at the same level as rival MasterCard to end a European Union antitrust investigation and stave off a possible fine.]]></description>
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<title><![CDATA[Clothing Makers Back Bangladesh Factory-Safety Pact]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/13/clothing-makers-back-bangladesh-factory-safety-pact/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/13/clothing-makers-back-bangladesh-factory-safety-pact/</guid>
<pubDate><![CDATA[Mon, 13 May 2013 17:25:03 EDT]]></pubDate>
<description><![CDATA[In the wake of a building collapse in Bangladesh that killed at least 1,127 garment workers, a group of Western retailers on Monday pledged to avoid substandard factories and the government opened the door to easier formation of unions.]]></description>
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<title><![CDATA[Insight: "Speed money" puts the brakes on India's retail growth]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/05/insight-speed-money-puts-brakes-on-india-retail-growth/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/05/insight-speed-money-puts-brakes-on-india-retail-growth/</guid>
<pubDate><![CDATA[Sun, 05 May 2013 00:15:48 EDT]]></pubDate>
<description><![CDATA[Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.]]></description>
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<title><![CDATA[Consortium Offer RBS GBP1 Billion for Quick Branch Sale -Newspaper]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/28/consortium-offer-rbs-gbp1-billion-for-quick-branch-sale-newspaper/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/28/consortium-offer-rbs-gbp1-billion-for-quick-branch-sale-newspaper/</guid>
<pubDate><![CDATA[Sun, 28 Apr 2013 10:00:33 EDT]]></pubDate>
<description><![CDATA[Former Tesco PLC (TSCDY) Finance Director Andy Higginson, who is representing a consortium of investment and hedge fund companies, has offered Royal Bank of Scotland Group PLC (RBS.LN) more than 1 billion pounds ($1.55 billion) for a network of branches on the condition of a quick sale, according to a report in the Sunday Times newspaper, citing one unidentified consortium backer.]]></description>
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<title><![CDATA[Sainsbury's Market Share Rises to 16.9%, Tesco Slips to 29.9%]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/23/sainsbury-market-share-rises-to-16-tesco-slips-to-2/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/23/sainsbury-market-share-rises-to-16-tesco-slips-to-2/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 06:28:42 EDT]]></pubDate>
<description><![CDATA[Continuing recent trends J Sainsbury PLC (SBRY.LN) was the only one of the top four U.K.]]></description>
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<title><![CDATA[Super-rich close gap between bonds and Bond Street]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/21/super-rich-close-gap-between-bonds-and-bond-street/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/21/super-rich-close-gap-between-bonds-and-bond-street/</guid>
<pubDate><![CDATA[Sun, 21 Apr 2013 04:12:39 EDT]]></pubDate>
<description><![CDATA[Insatiable demand among the global super-rich for swanky retail property in Europe has driven rental returns on the best shopping streets so low they are not much higher than the safest government bonds.]]></description>
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<title><![CDATA[LONDON MARKETS: ENRC Rallies In Upbeat London After Bid Talk]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/19/london-markets-enrc-rallies-in-upbeat-london-after-bid-talk/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/19/london-markets-enrc-rallies-in-upbeat-london-after-bid-talk/</guid>
<pubDate><![CDATA[Fri, 19 Apr 2013 12:09:27 EDT]]></pubDate>
<description><![CDATA[Shares of Eurasian Natural Resources Corp. surged after bid talks on Friday, while the broader U.K.]]></description>
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<title><![CDATA[Carrefour Sales Hit By Negative Currency Effects]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/18/carrefour-sales-hit-by-negative-currency-effects/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/18/carrefour-sales-hit-by-negative-currency-effects/</guid>
<pubDate><![CDATA[Thu, 18 Apr 2013 03:15:06 EDT]]></pubDate>
<description><![CDATA[French retail giant Carrefour SA (CA.FR) Thursday posted a drop in sales over the first quarter, as negative currency effects wiped out the impact of underlying sales growth from emerging markets.]]></description>
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<title><![CDATA[Carrefour Sales Fall, Hit By Negative Currency Effects]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/18/carrefour-sales-fall-hit-by-negative-currency-effects/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/18/carrefour-sales-fall-hit-by-negative-currency-effects/</guid>
<pubDate><![CDATA[Thu, 18 Apr 2013 02:39:20 EDT]]></pubDate>
<description><![CDATA[French retail giant Carrefour SA (CA.FR) Thursday posted a drop in sales over the first quarter, as negative currency effects wiped out the impact of underlying sales growth from emerging markets.]]></description>
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<title><![CDATA[LONDON MARKETS: Tesco, BHP Drop In Weak U.K. Market]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/17/london-markets-tesco-bhp-drop-in-weak-uk-market/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/17/london-markets-tesco-bhp-drop-in-weak-uk-market/</guid>
<pubDate><![CDATA[Wed, 17 Apr 2013 12:22:07 EDT]]></pubDate>
<description><![CDATA[Most U.K.]]></description>
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<title><![CDATA[EUROPE MARKETS: Europe Stocks Slide To 2013 Low On Growth Concerns]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/17/europe-markets-europe-stocks-slide-to-2013-low-on-growth-concerns/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/17/europe-markets-europe-stocks-slide-to-2013-low-on-growth-concerns/</guid>
<pubDate><![CDATA[Wed, 17 Apr 2013 12:14:41 EDT]]></pubDate>
<description><![CDATA[Europe's top stock index slumped to its lowest close of 2013 on Wednesday, after Bundesbank President Jens Weidmann warned the euro-zone's economic recovery could take a decade, adding to investors' worries about global growth.]]></description>
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<title><![CDATA[EUROPE MARKETS: German Stocks Slump In Weak Europe Market]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/17/europe-markets-german-stocks-slump-in-weak-europe-market/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/17/europe-markets-german-stocks-slump-in-weak-europe-market/</guid>
<pubDate><![CDATA[Wed, 17 Apr 2013 11:18:39 EDT]]></pubDate>
<description><![CDATA[German stocks slumped to a four-month low on Wednesday after speculation of a sovereign downgrade, while the broader European stock markets headed for a fourth straight day of losses on global growth concerns.]]></description>
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<title><![CDATA[Tesco Exits U.S. and Takes $3.5B Global Writedown]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/17/tesco-quits-us-and-takes-35-bln-global-writedown/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/17/tesco-quits-us-and-takes-35-bln-global-writedown/</guid>
<pubDate><![CDATA[Wed, 17 Apr 2013 06:12:05 EDT]]></pubDate>
<description><![CDATA[Britain's biggest retailer wrote down the value of its global operations and announced plans to exit the U.S. as it tries to rebuild after a year in which profit fell for the first time in two decades.]]></description>
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<title><![CDATA[EUROPE MARKETS: Europe Stocks Decline; Tesco Drops After Earnings]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/17/europe-markets-europe-stocks-decline-tesco-drops-after-earnings/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/17/europe-markets-europe-stocks-decline-tesco-drops-after-earnings/</guid>
<pubDate><![CDATA[Wed, 17 Apr 2013 05:26:18 EDT]]></pubDate>
<description><![CDATA[European stock markets were on track for a fourth straight day of losses on Wednesday, with heavyweight Tesco PLC posting steep losses after a lackluster earnings report.]]></description>
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<title><![CDATA[Correction to Tesco Profit Hit by US, UK Writedowns Story]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/17/correction-to-tesco-profit-hit-by-us-uk-writedowns-story/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/17/correction-to-tesco-profit-hit-by-us-uk-writedowns-story/</guid>
<pubDate><![CDATA[Wed, 17 Apr 2013 03:26:20 EDT]]></pubDate>
<description><![CDATA[UK supermarket operator Tesco PLC (TSCO.LN) Wednesday counted the cost of the clean-up operation for its domestic business and its failed U.S. venture, reporting its first fall in earnings in 19 years as writedowns wiped out much of its profit.]]></description>
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