Tesco
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Repositioning Should Help Buffett's Worst Major Holding of 2012
By Mike Thiessen - March 20, 2013 | Tickers: BRK-B, SBRY, TGT, TSCO, WMT
Tesco (LSE: TSCO), the UK retailer, is a core holding of Buffett’s Berkshire Hathaway (NYSE: BRK-B). Warren Buffett initiated his stake in Tesco in 2006 and has gradually added to his position since. In early 2012, a filing indicated a significant increase in the position from 3.21% to 5.08%. This stock was the worst performing major holding of Buffett in 2012 and is down by 5% since more »
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Nike Brings Social Media In-House
By Gianluigi Cuccureddu - January 9, 2013 | Tickers: ADDYY, NKE, TSCO
MarketingWeek reports that Nike (NYSE: NKE) has taken its social media marketing management in-house and is responsible for all online communities. Nike has dropped its digital advertising agencies (such as AKQA, Wieden & Kennedy, Mindshare, and R/GA) in an effort to better understand and to get closer to its fans.
This decision by Nike is part of a broader change in order to gain a deeper understanding on how their more »
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What The End of Fresh & Easy Means For Other Grocers' Expansion Plans
By Eric Novinson - December 6, 2012 | Tickers: SWY, TSCO, KR, WMT
Tesco (LSE: TSCO) may have finally given up on Fresh & Easy. A history of unprofitable operations in Southern California, combined with a weak home market, convinced the British grocer that its resources would serve more effectively elsewhere. Fresh & Easy's exit is not final yet, but it is very likely, reported Sarah Shannon at Bloomberg News. This pullout would end a major supermarket chain's experiment with small box stores more »
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Are Tesco shares now a bargain?
By David Bell - February 1, 2012 | Tickers: COST, DG, TGT, TSCO, WMT
Tesco (LSE: TSCO) is currently trading at its lowest share price for years. Excluding the darkest hours of the last recession, you have to go back to 2006 for a lower price. In a recent article, I covered the reasons why Tesco's Christmas trading statement caused their share price to drop 20%. Once you understand why shareholders were so concerned by the contents of that short statement, the important more »
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A Haize-y Future
By Eric Volkman - January 13, 2012 | Tickers: DEG, SWY, TSCO, KR
Succeeding in large-scale business in America is tough. It's even tougher if you're in retail, with its traditional penny-thin margins and constant need for hands-on inventory management. The latest foreign company to have a tough time of it is Delhaize (NYSE: DEG). The Belgian food retailer announced its plans to shutter more than 100 of its U.S. stores, in which the bulk of its 5,000 worldwide more »