Tesco to Continue Growing Market Share Despite UK Sales Decline0652 GMT - Tesco was a pandemic winner, and even though U.K. sales declined in the first quarter of fiscal 2023, it should still continue gaining market share over the next 12 months, Third Bridge's analyst Alex Smith says in a research note. However, the British grocer's intention to negotiate down prices with suppliers won't be an easy task to accomplish, Third Bridge says. ---Curtis Banks Says COO Jane Ridgley Is RetiringCurtis Banks Group PLC said Friday that its Chief Operating Officer Jane Ridgley is retiring, and that it has started a search for a successor. ---Bidstack Group Appoints David Reeves as Chairman DesignateBidstack Group PLC said Friday that it has appointed David Reeves as chairman designate. Contact: London NewsPlus; paul.larkins@wsj.com(END) Dow Jones NewswiresJune 17, 2022 03:20 ET (07:20 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal June 17, 2022 07:30 UTC