All Tesco articles – Page 28
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NewsTesco overpaid redundancy to hundreds of ex-staff
Tesco has overpaid hundreds of former staff’s redundancy payments, with some former employees overcompensated by as much as £2,000.
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CartoonRetail cartoon: Dave Lewis dreams of Tesco Town
Patrick Blower’s take on Tesco’s plan to open convenience stores stocked only with its ‘Finest’ range in a bid to boost profits.
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NewsTesco mulls launching ‘Finest’ stores in bid to double profit margins
Tesco has outlined plans to launch convenience stores stocked only with its Tesco Finest in a bid to increase profit targets.
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NewsAgenda: Dixons Carphone and N Brown update the market
Retail Week looks ahead to the next seven days with updates from Dixons Carphone and N Brown, and the latest ONS retail sales figures on the agenda.
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NewsTesco boss Lewis warns of ‘challenging’ October Brexit
Tesco boss Dave Lewis has warned that leaving the EU in October would be “much more challenging” for retailers than the previously planned March Brexit.
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NewsTesco like-for-likes nudge up as Booker boosts growth
Tesco like-for-likes inched up in its first quarter as its sales were boosted by its merger with Booker.
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NewsTesco to hike pay of store and warehouse workers
Tesco is to hike the pay of its shopfloor and warehouse workers by more than 10% across the next two years.
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NewsGovernment to challenge £300m cash machine ruling
The government has won the right to appeal a court ruling over whether retailers should pay business rates for cash machines outside their shops.
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NewsDiscounters reach record combined market share
Discounters Aldi and Lidl reached a combined record market share in May, while Sainsbury’s clung on as the second-biggest UK grocer, according to the latest data.
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NewsGrocery sales fall in May as promotions rise
Supermarket sales slipped over the last month as grocers came up against tough annual comparisons.
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NewsTesco to cull brands as Dave Lewis repeats call for online retail tax
Tesco is preparing for another round of sweeping cuts to the number of brands it stocks on its shelves, as boss Dave Lewis reiterates calls for an online sales levy to even the playing field for bricks-and-mortar retailers.
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NewsTesco to sell Jack’s-branded products in new price salvo
Tesco has started selling Jack’s-branded products in its core supermarket business for the first time as part of a fresh price salvo.
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NewsTesco urges online sales tax to fund business rates cut
Tesco has called for a 2% online sales tax to help fund a 20% business rates cut.
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NewsSainsbury’s reclaims second spot on grocery ranking
Sainsbury’s has edged out Asda as the second-biggest UK grocer this month after being usurped for the first time since 2015 in March, according to the latest data.
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OpinionOpinion: Bigger margins are not always better
UK retailing is now entrenched in a trend of declining profitability, though many – particularly the investment and landlord communities – remain in denial.
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OpinionOpinion: Grocers are making real progress in the war on plastic
It can often be difficult, for a cynic such as myself, to differentiate between an outbreak of opportunistic bandwagon jumping and a genuine sea change in corporate behaviour.
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OpinionClive Black: Tesco and Lewis deserve a pat on the back
Tesco has issued a set of preliminary results that underscore its recovery and set the expectation for brighter times ahead.
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AnalysisAnalysis: Where are Tesco's 'untapped opportunities'?
Tesco answered many of its critics today when it beat analysts’ expectations by posting a spike in full-year earnings.
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NewsLewis: Tesco will 'finish' turnaround this year
Tesco boss Dave Lewis has revealed the grocer is eyeing new avenues for growth and value creation following another “strong” year on its road to recovery.
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NewsTesco full-year profits climb as turnaround bears fruit
Tesco’s profit and sales rose as boss Dave Lewis says the grocer has “met or are about to meet the vast majority of our turnaround goals”.