|Bid||182.55 x 215000|
|Ask||182.65 x 175000|
|Day's range||182.45 - 182.75|
|52-week range||165.35 - 219.40|
|PE ratio (TTM)||-365.30|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|
Three former senior executives of Tesco (Frankfurt: 852647 - news) accused of fraud and false accounting at Britain's biggest retailer appeared on Monday in a London court. Christopher Bush, who was managing director of Tesco UK, Carl Rogberg, who was UK finance director, and John Scouler, who was UK food commercial director, are all charged with one count of fraud by abuse of position and one count of false accounting.
Aldi is pressing on with its expansion in Britain despite a third straight year of falling profits there, the German discount supermarket group said on Monday, signalling no let up in the pressure on UK rivals. The rise of privately-owned budget chains Aldi and Lidl has transformed the competitive landscape of UK food retailing over the last decade, driving down the returns of Britain's big four players - market leader Tesco (Frankfurt: 852647 - news) , Sainsbury (Amsterdam: SJ6.AS - news) 's, Asda and Morrisons. For 2016, Aldi UK and Ireland (Other OTC: IRLD - news) reported a 13.5 percent rise in sales to a record 8.74 billion pounds ($11.8 billion).
Some of the world's largest consumer goods companies including Kellogg Co and Wal-Mart Stores Inc said on Wednesday they will simplify food expiration labels in an effort to eliminate confusion that contributes to food waste. Standardized labeling will use a single expiration date on perishable items and a single quality indicator for non-perishable items, the Consumer Goods Forum (CGF) announced. Confusion over expiration labels costs families up to $29 billion annually in the United States alone, according to CGF, which represents some 400 of the world's largest retailers and manufacturers from 70 countries.