All Tesco articles – Page 22
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News
Tesco first-quarter sales jump driven by lockdown ecommerce surge
Tesco has reported strong sales growth in its first quarter bolstered by online as lockdown measures prompted a surge in demand.
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News
New Waitrose boss calls for post-Brexit food protections
The new boss of Waitrose has joined other representatives of the food industry and farmers in calling for food standards protections in any post-Brexit trade deals.
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Analysis
In numbers: How coronavirus transformed grocery retail in three months
Kantar’s latest grocery figures paint a full picture of a three-month period that has rapidly changed the face of food retailing. Retail Week analyses some of the key lessons from lockdown for the grocery sector.
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Analysis
Analysis: Is UK retail turning its back on internationalism?
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
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Analysis
Deep dive: How Covid-19 has changed grocery retail forever
Coronavirus brought unprecedented demand for grocery retailers, but it has also dramatically changed how we buy and consume food. Retail Week looks into which new shopping behaviours and trends will be here to stay once the pandemic subsides
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News
Audit watchdog ends probe into Tesco’s £326m accounting scandal
The audit watchdog has closed its investigation into Tesco almost six years on from its accounting scandal.
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News
Tesco chief financial officer to step down next year
Tesco’s “outstanding” finance boss Alan Stewart will retire from the grocer next year after six years in the role.
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News
Grocery sales rise as online shopping gains ground
Sales of take-home groceries have surged and food retailers’ online growth reached new heights, the latest grocery market share data has shown.
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News
Tesco, Sainsbury's and Co-op win ATM business rates legal dispute
A number of supermarkets including Tesco, Sainsbury’s and the Co-op have won a legal ruling on whether they should be liable for business rates on cash machines located on their premises.
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News
M&S launches sale as it brings forward start date for new fashion boss
Marks & Spencer has announced a 50% sale on clothing, on the same day it bought forward the start date of its new clothing and homewares boss Richard Price.
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News
Tesco, Sainsbury’s and Morrisons execs scoop hefty bonuses
Executives at three of Britain’s biggest grocers have been awarded hefty bonus packages.
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Analysis
Data: Grocery out-of-stocks edge down as stockpiling eases
As lockdown restrictions begin to ease, data from Edge by Ascential shows that grocery retailers are starting to see more stable demand spread out throughout the week, helping them to better manage their online stock levels.
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Opinion
Opinion: Culture will be king for retailers that conquer coronavirus
There was a time when sceptics, me included, might have taken the words ‘company culture’ with a large pinch of salt.
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Video
Face time: Tony Hoggett – Tesco is ‘hellbent’ on helping vulnerable customers
Tesco chief operating officer Tony Hoggett discusses how the grocer has ramped up its online capacity, the overhaul it has made to store operations and the importance of its company culture during the coronavirus pandemic.
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News
Coronavirus: Vulnerable customers ‘struggling’ to get food
The government has been urged to improve the coordination of food deliveries to vulnerable people across the UK amid warnings that thousands are being underserved during lockdown.
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Analysis
Data: Grocery supply chains stretched by a second wave of stockpiling
As the UK enters its sixth week of lockdown, evidence has emerged of a second phase of consumers stocking up on essential items that may have run low over the last month.
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Analysis
Data: Grocers remain challenged by high shopper demand for essential products
As the UK enters its fifth week of the coronavirus lockdown, sustained consumer demand for everyday and store-cupboard essentials remains a challenge to the grocers and their suppliers.
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Opinion
Opinion: Forget dividends and rates – grocers are heroes, not villains
How quickly judgements can be questioned in the court of public opinion.
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Analysis
Analysis: How coronavirus is really impacting Tesco
Tesco unveiled its full-year results today, but another stellar 12 months of profit and margin gains played second fiddle to its ongoing response to the coronavirus crisis.
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News
Tesco full-year profits rise as it incurs ‘significant’ coronavirus costs
Tesco has warned that the impact of coronavirus could cost its business as much as £925m as the grocer posts uplifts in full-year profits and UK sales.