All Tesco articles – Page 7
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News
Tesco delivers robust sales as focus on value and quality pays off
In the 13 weeks to May 27, 2023, Tesco delivered strong results across all formats driven by a “relentless focus on value.”
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News
Asda and Sainsbury’s ordered to end ‘anti-competitive’ property restrictions
Asda and Sainsbury’s are removing restrictions on rivals operating on land they own following an intervention by the competition regulator.
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Data
Data: Exclusive findings reveal UK retail leaders’ tech investment priorities
New interviews with 50 UK retail leaders uncover the transformative tech they believe businesses must invest in to stay competitive
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News
Next store staff win ‘crucial’ stage of equal pay battle
Approximately 2,000 Next staff have won a “crucial stage” of their legal dispute to win equal pay with their counterparts in warehouses in a legal first.
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News
Grocery price inflation at third-highest level since 2008
Grocery prices have fallen for the second month in a row, but inflation is still at the third-highest rate since records began in 2008.
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News
Lidl eyes share of Tesco Clubcard profits after winning trademark battle
Lidl may seek a share of profits made by Tesco from its Clubcard scheme after the discounter won a trademark battle over the use of a circular yellow logo on a blue background.
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News
Tesco chair John Allan steps down following misconduct allegations
Tesco chair John Allan is set to step down from the grocery giant next month following allegations of inappropriate behaviour, which the grocer said threatened to become a “distraction”.
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News
Tesco defends chair John Allan over inappropriate behaviour allegations
Supermarket giant Tesco has defended its chair John Allan, following the emergence of allegations of inappropriate behaviour by four women.
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News
CBI faces calls to disband as retailers exit en masse
The crisis at the Confederation of British Industry (CBI) deepened over the weekend as retailers joined other businesses in cutting ties amid calls the lobbying group should be disbanded.
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Data
Ranking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
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News
Lidl beats supermarket rival Tesco in High Court trademark battle
Lidl has won a High Court battle against Tesco over a trademark clash regarding the use of a circular yellow logo.
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Data
Amazon and Tesco have 'best in class' supply chain strategies
In unprompted interviews with 50 retail executives, published in Supply Chain 2024, Sainsbury’s, B&M and Asda were also cited as businesses that leaders believe excel in supply chain and logistics
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News
Discounters and Asda follow Tesco and Sainsbury’s in cutting milk prices
Aldi, Lidl and Asda have all joined supermarket giants Tesco and Sainsbury’s in cutting the price of milk by at least 5p.
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Analysis
Inflation, supplier relationships and loyalty – the take from Tesco boss Ken Murphy
From a chink of light at the end of the inflationary tunnel to the market share gains of discounters, Tesco boss Ken Murphy shared his thoughts on the state of play in UK grocery.
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News
Tesco expects flat profits amid soaring inflation pressures
Tesco has posted a fall in profit for the full financial year and forecasts flat profits in FY 23/24 as a result of “unprecedented levels of inflation”.
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News
Sainsbury’s shakes up Nectar scheme to take on Tesco Clubcard
Sainsbury’s has made changes to its Nectar card to offer customers lower prices on select products in store and online in a bid to rival Tesco’s Clubcard.
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News
Tesco mulls supplier price cuts as inflation begins to drop
UK supermarket giant Tesco is beginning to push its suppliers to cut prices as inflation starts to show signs of easing.
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News
Tesco raises online minimum spend threshold
Tesco has made changes to its online order terms, including raising the minimum spend customers must reach for delivery by £10.
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Analysis
Retail Week Live 2023: Lessons from the next generation of retailers and consumers
Reporting by Ritika Bhoora, Ellis Hawthorne, George MacDonald, Megan Robinson, Hugh Radojev
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News
Tesco expands Whoosh rapid delivery to 1,000 stores
Tesco has expanded its Whoosh rapid delivery service to 1,000 stores, exceeding its rollout target by 25%.