All Tesco articles – Page 24
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NewsTesco to price match Aldi on hundreds of products
Tesco is to price match Aldi on hundreds of grocery products as it bids to win back market share from its discount rival.
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AnalysisData: Grocery growth accelerates as shoppers stock up amid coronavirus fears
The latest grocery market share figures from Kantar show grocery spend in the 12 weeks to February 23 was up 0.7% year on year as consumers stocked up on essentials amid fears over coronavirus.
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AnalysisAnalysis: As supermarkets cut counters are they playing into discounters’ hands?
First Asda and now Tesco are cutting roles at bakeries and food counters, so are the days of such supermarket services numbered? Retail Week considers whether such changes will work or play into the discounters’ hands.
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NewsTesco to reissue 600,000 Clubcards amid security issue
Tesco is set to reissue a deluge of loyalty cards as it believes the personal information of up to 620,000 of its loyalty customers has been hacked from another organisation.
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GalleryStore gallery: Tesco unveils first city-centre cashless store
Tesco has opened a cashless store as the number of customers paying with physical money declines in its Express stores. The store format in High Holborn, central London, is the second of its kind.
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NewsTesco to axe 1,800 roles in store bakery shake-up
Tesco is to axe more than 1,800 roles as part of sweeping changes to the way it operates its in-store bakeries.
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NewsTesco exits China with £275m deal
Tesco has sold its 20% holding in Chinese business Gain Land as it increases focus on its core operations.
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NewsPrime minister set to axe business sector council network
A network of five business councils helmed by private sector bosses including Tesco’s Dave Lewis is set to be dismantled as the government looks to overhaul how it engages with industry leaders.
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NewsTesco ‘unlawfully’ blocked rivals from opening stores, CMA finds
Tesco has been slammed by the competition watchdog for “unlawfully stopping rivals from opening shops near its stores”.
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NewsGrocery market set to grow while big four lose share
The UK food and grocery market is set to grow 15% between 2019 and 2024, according to the latest research.
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AnalysisValentine’s Day: The retail marriages made in heaven
This Valentine’s Day, Retail Week looks at the retailers that have formed long-lasting unions be it through mergers, acquisitions or partnerships.
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AnalysisAnalysis: Compete or collaborate? Why Tesco, M&S and Harrods are joining forces with rivals
With the threat of Amazon looming over most in the sector, some retailers are doing away with long-standing rivalries in order to take on the online Goliath. But how should retailers decide when to compete and when to collaborate?
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NewsGrocery sales inch up boosted by Dry January and Veganuary
Supermarket sales growth for the first quarter of the year inched up, driven by Dry January and Veganuary product sales.
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NewsOutgoing Tesco chief executive Dave Lewis delays departure
Outgoing Tesco boss Dave Lewis will stay in his role longer than previously expected.
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OpinionOpinion: Forget about the haters – retail’s right to go green
When retailers unveil great ambitions to set new standards in sustainability, it frequently leads to an outbreak of grumpy whataboutery.
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NewsTesco pledges to remove plastic wrapping from multipack tins
Tesco has revealed it will remove the plastic wrapping from its multipack tins as part of a pledge to cut down on waste.
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AnalysisFrom shunning toys to value-led shopping – the trends that defined Christmas
It has been a festive trading period dubbed by the BRC as “the worst on record”. With this week bringing the departure of a retail boss from one business and a profit warning at another, it does have the markings of a bleak Christmas.
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NewsTesco’s Lewis blames price cuts and promotions for ‘subdued’ market
Tesco boss Dave Lewis has blamed the “subdued” Christmas grocery market on widespread promotional activity and heavy investments in price, rather than the fragile consumer backdrop.
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NewsTesco sales inch up as it hails growth in ‘subdued UK market’
Tesco has reported slight increases in both total and like-for-like sales and a fifth consecutive Christmas of growth in what it described as a “subdued UK market”.
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NewsTesco fires fresh price salvo as shoppers tighten purse strings
Tesco has launched a fresh wave of price cuts as it bids to build sales momentum at the start of the new year.