All Tesco articles – Page 3
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News
Tesco set for £1bn national insurance bill over four years
Supermarket chain Tesco is set to face a £1bn national insurance tax bill over the next four years following the recent Budget.
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Analysis
Drowning in data? Learn from Tesco, The Very Group and more about how to connect, harness and scale up
Retail businesses having one holistic view of all data was once seen as an unreachable holy grail. Not anymore. New technologies are enabling meaningful and scalable data strategies.
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Opinion
‘Next’s membership of retail’s billion club is likely to be longer-lived than some’
Big-name retailers have made profits of £1bn only to fade afterward. Next looks likely to beat that trend, argues George MacDonald
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Interview
Q&A: Google’s retail MD explains why retailers should take advantage of ‘fake Friday’
Retail Week spoke to Google’s managing director of retail, Sophie Neary, to delve into why customer search and AI is so important for retailers to utilise heading into golden quarter
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News
The Entertainer has taken a ‘big and important step’ with hundreds of new Tesco concessions
The Entertainer has rolled out more than 850 new toy shops within Tesco as part of a new partnership to expand its retail presence in the UK and Ireland.
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Analysis
Revealed: The UK’s top grocery innovators and what’s key to their success
As the most competitive retail sector in the UK, nothing comes easy for the grocers, making innovation and transformation an essential part of supermarket strategies as they fight for share of wallet.
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News
Tesco has launched ‘store wraps’ and website video ads in retail media push
Tesco has extended its retail media proposition to give brands new ways of communicating with consumers.
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Analysis
Sustainability strategy: Five ways retailers are minimising their environmental impact
Ahead of the return of the Sustainability Summit on October 10, we dig into the strategies of the retailers making tangible progress and glean expert opinion on why the narrative of balancing sustainability with bottom lines “needs to change”
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Analysis
Tesco boss on why he’s optimistic for Christmas and bringing F&F back online
Despite low consumer confidence and a pallor of gloom around the government’s coming Budget, Tesco boss Ken Murphy is still confident about Christmas
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Retail Navigator Analysis
Tesco (Financials)
Tesco delivered a rebound in profitability for the year to 24 February 2024 (FY2023) with operating profits surging 100.1% to £2.82bn while pre-tax profits climbed from £0.88bn to £2.29bn. The group saw statutory revenues climb 4.4% to £68.19bn while more widely reported group sales climbed 7.4% to £61.48bn.
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News
Tesco has upped its profit guidance as sales exceed expectations in the first half
Tesco has increased its full-year profit guidance for 2025 as volume sales growth exceeded expectations in the first half.
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Data
Ranking: The most sustainable retailers according to shoppers
New data collected by Lumina Intelligence exclusively for Retail Week shows customers believe Marks & Spencer and Tesco are the most sustainable retailers.
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Analysis
The power of a strong retail slogan
As John Lewis reports a rise in visits following the reintroduction of ‘Never Knowingly Undersold’ earlier this month, we can see the power of a retail slogan. We asked some of retail’s best marketers for their favourite retail slogan and why it works
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News
Tesco is set to bring its F&F range back online
Tesco is planning to relaunch its F&F clothing range online six years after being axed.
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News
Aldi CEO Giles Hurley has emailed the ‘eye-opening’ Panorama investigation findings to customers
Aldi boss Giles Hurley has emailed customers to flag the BBC’s Panorama investigation into supermarket price-matching, warning shoppers to be wary of other retailer’s claims.
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News
Tesco’s Aldi price-match scheme is under scrutiny following Panorama investigation
Various products on Tesco’s Aldi price-match scheme are not like-for-like matches with those of the discounter, according to an investigation by BBC’s Panorama.
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News
Supermarket convenience stores are found to charge ‘up to a fifth’ more than bigger branches
Supermarket convenience stores have been revealed to cost shoppers up to 21% more than if they were to shop at larger branches, according to a study by Which?
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Opinion
‘Plenty of lessons can be learned from unusual Tesco fire and rehire court case’
There are a number of lessons to be learned from the Supreme Court’s ruling against Tesco’s practice for firing employees and re-hiring them under new contracts.
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Opinion
‘As Asda flounders and Aldi’s sales slow, the battle for this year’s Christmas table will dictate grocery success’
The seasonal showdown in grocery may be particularly interesting this year at the value end of the market where Aldi, Lidl and Asda will slug it out amid shifting dynamics, says George MacDonald
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News
Ikea is piloting ‘next generation’ lockers in a tie-up with Tesco
Home goods and furniture giant Ikea has launched a trial of “next generation” lockers in Tesco stores.