News roundup—15th April 2008

• Tesco has met analysts’ forecast and posted a profit rise of 11.8 percent. The supermarket made £2.85 billion in 2007 reports the BBC. Following on from today`s announcement The Telegraph publishes a history of Tesco which charts its progression from a groceries stall in the East End of London to the retailing giant it is today.
• Organic food delivery company Abel & Cole and retailer/cataloguer of organic body care products Neal’s Yard Remedies have been recognised at the Soil Association’s Organic Awards 2008. For Abel & Cole this is the second year running it has received this award.
• Department store Debenhams has unveiled a drop in interim profits and a negative like-for-like sales figures reports FT.com. However, Citywire.co.uk puts a positive spin on the story announcing that Debenhams’s share price was rising, buoyed by strong growth in its online business.