Tesco Wine by the Case to close

Tesco Wine by the Case to close

Tesco has taken the decision to close its Wine by the Case service following a detailed review which found there was no route to profitability for this standalone online offering. This service will close on 8 October however customers will still be able to purchase a wide range of wines from Tesco in store and […]

Casino confirms its good operational performance, its financial strength and reaffirms its 2018 profitability and deleveraging objectives

Casino confirms its good operational performance, its financial strength and reaffirms its 2018 profitability and deleveraging objectives

The Casino Group takes note of Standard & Poor’s (S&P) decision to downgrade its financial rating by one notch at BB, negative perspective. Casino notes that the rating agency’s assessment does not take into account the ongoing €1.5bn disposal plan. This rating change has no impact on the cost of Casino’s bond debt, and does […]