Below-cost selling and the rise of the discounters is hitting family retailers hard, writes Kyran FitzGerald.

Want to know how Cork will play it tomorrow?

Former Tesco boss Terry Leahy has described the rise of supermarkets and the closure of small shops across the UK as "part of progress".

Tesco boss Philip Clarke will tomorrow unveil his blueprint for fixing the supermarket after a year of declining sales and market share erosion.

Tesco revealed its worst sales performance in two decades today after shoppers tightened their belts and rivals attacked its market dominance.

Tesco unveiled an overhaul of executive pay today after nearly 40% of its shareholders voted against the supermarket giant at its AGM last year.

With Irish exports to Britain poised to grow in the wake of Queen Elizabeth’s visit, from businessman Gerry Robinson to TV and radio presenter Terry Wogan, the Irish are making their presence felt there, writes Kyran Fitzgerald

Supermarket giant Tesco today said Sir Richard Broadbent will take on one of the biggest roles in UK business when he replaces David Reid as chairman in November.

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

UK supermarket giant Tesco is launching a £200m (€234.26m) price war with British rival Asda as its chief executive prepares to retire after 14 years at the helm.

A BUSY day of reporting from retail sector leaders revealed supermarket giant, Tesco took a hit from the harsh weather over the Christmas and New Year trading period and Dixons Retail generated a 4% year-on-year sales fall in its core UK and Ireland division.

Supermarket giant Tesco today said severe winter weather hindered its Christmas trading performance as it posted modest 0.6% like-for-like sales growth.

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

Supermarket giant Tesco unveiled a 12.5% rise in half-year profits to £1.6bn (€1.84bn) today.

Marks & Spencer was today braced for a fresh clash with investors over boardroom pay as a succession of blue-chip firms prepare for stormy annual meetings on the issue.

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.

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.

A STRONG performance at Tesco’s Irish outlets has pushed the company’s like-for-like in Europe into positive territory.

Supermarket giant Tesco said today that UK sales growth almost ground to a halt in the last three months as the grocer wrestled with plunging food inflation.

Investors endured another see-saw session today as heavyweight BP took more punishment and worries over a bank tax hit financial stocks.

Tesco chief executive Terry Leahy is to step down next March after 14 years leading Britain’s biggest supermarket, it was announced today.

Supermarket giant Tesco announced today it will pay workers a record bonus after its annual profits soared to £3.4bn (€4.09bn).

GREEN technology firm Nualight is to create 25 jobs over the next two years on foot of signing a €5 million contract with retail chain Tesco.

WITH two opinion polls last night still pointing to a hung parliament, Labour’s election supremo Peter Mandelson said the Tories had failed to recover the lead they enjoyed at the start of the campaign.

Supermarket giant Tesco today unveiled a 10.1% rise in annual profits to a record £3.4bn (€3.86bn).

TESCO – spearheading a supermarket price war in Ireland – said it had a very strong performance over Christmas, reporting the best results in three years.

Supermarket giant Tesco reported signs of improving consumer confidence today as it geared up for the Christmas sales battle.

SUPERMARKET chain Tesco is performing reasonably well in Ireland, despite having to deal in a recessionary market and having to implement restructuring activity costing £15m (€16.2m) in the first half of 2009.

Supermarket giant Tesco said today that first quarter sales rose 4.3% during a "solid start" to its trading year.

More than 207,000 employees at Tesco are scooping share bonuses worth a total of £98m (€111.5m) after the retailer’s record annual results, it was revealed today.

TESCO is putting expansion plans in Ireland on hold for a year despite a 5% increase in sales to a record high of e3 billion last year.

Tesco is to create hundreds of jobs in the North this year, it announced today.

Supermarket giant Tesco today announced the appointment of Laurie McIlwee as Group Finance Director.

Supermarket giant Tesco is on track to become the world’s second largest retailer within four years, according to research today.

TESCO said it makes sense to temper its stores policy in Ireland given that the country is facing a big slowdown.

Fabio Capello has been signed up to help England’s bid for the 2018 World Cup.

Hundreds of jobs are being created by supermarket giant Tesco which announced today it is opening its first hypermarket in the North.

Supermarket giant Tesco shrugged off economic uncertainty and fiercer competition to post healthy first-quarter sales growth today.

Grocery giant Tesco unveiled its biggest ever deal today after agreeing to spend nearly £1bn (€1.25bn) on beefing up its hypermarket presence in South Korea.

Retail giant Tesco today rang up annual profits of £2.85bn (€3.55m), despite "challenging" trading conditions and increased competition from rivals.

A grandmother from Merseyside in the UK has submitted a planning application to bulldoze the luxury home of Tesco boss Terry Leahy because his firm wants to flatten her house for a new supermarket.

TESCO, one of the giants of the food retailing sector, surprised the markets with its decision to place a three-month moratorium on its expansion in the US.

Supermarket giant Tesco today said it wanted to work with the British government on new laws to ensure the “responsible pricing” of alcohol.