NUALIGHT, the Cork-based LED lighting firm, has signed a near €2 million deal with British-based supermarket firm the Co-operative.

Supermarket giant Tesco revealed a fourth-quarter sales slump today as it admitted it missed UK growth targets.

TESCO said its business in Ireland has successfully turned around, with growth having resumed and market share increasing.

London’s leading share index made tentative gains today, but progress was held back as further poor US jobs data capped a disappointing week for global economic news.

Supermarket giant Tesco suffered a shareholder blow today after nearly 40% of investor votes were cast against pay plans amid concerns over rewards for its US boss.

Tesco faces investors at its annual general meeting later today amid mounting pressure on the UK’s biggest supermarket.

Tesco defended the pay packet of its US boss today after a lobby group urged shareholders to register a protest vote at the supermarket’s annual meeting.

Supermarket giant Tesco is to delay opening Fresh & Easy Neighbourhood Market stores in the US for three months as an expert claimed the retailer was experiencing huge stock shortages.

Commercial broadcaster ITV led declines on the London market today amid fears over advertising revenues in another turbulent day for blue chip stocks.

Broker downgrades for ITV and market heavyweight Vodafone caused some pain for investors in London today.

Supermarket giant Tesco today confirmed it has put the brakes on roll-out plans for its US brand Fresh & Easy.

DEBENHAMS has reported a good performance at its Irish shops over Christmas, while Tesco’s Irish sales also appear strong.

Tesco said today that it had made "good progress" over the autumn period as the supermarket giant bucked the gathering gloom in the retail sector.

Supermarket giant Tesco plans to capitalise on the critical need for grocery stores in South Los Angeles by opening a Fresh & Easy Neighbourhood Market in the economically depressed area.