All Tesco articles – Page 7
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AnalysisRetail Horizon 2024: How consumers are feeling – and how retail should get ready – for the year
Retail Week has launched its strategic toolkit, Retail Horizon 2024, mapping out the opportunities, challenges and winning strategies for businesses in the year ahead.
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Opinion‘Asda sets itself challenge with “second-biggest supermarket” ambition’
Asda has Sainsbury’s in its sights following the completion of its takeover of EG UK as it seeks to move into second place in the grocery league table.
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AnalysisWhy Matthew Barnes is an ideal leader for post-Tarry Tesco
Last week grocery giant Tesco announced that long-serving UK and Ireland boss Jason Tarry would be stepping down after more than three decades with the retailer.
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NewsTesco UK boss Tarry to step down after 33 years at grocer
Tesco’s UK chief executive Jason Tarry is set to stand down from the supermarket giant after more than 30 years at the retailer.
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AnalysisTesco’s Ken Murphy on net zero, retail crime and profiteering accusations
On the day that Tesco posted surging profits and sales, its chief executive Ken Murphy gave his takes on a host of issues facing grocery and the retail sector.
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NewsTesco profits and sales surge as focus on value pays off
Tesco has posted an increase in both profits and sales during its first half, as well as raising its full-year profit guidance, as its investment in value and quality pays off.
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NewsRetail leaders sign letter to home secretary urging action on rising crime
Around 90 retail leaders in the UK have signed a letter to the home secretary, Suella Braverman, demanding a crackdown on retail crime.
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NewsTesco locks 1,000 prices to help shoppers deal with cost-of-living crisis
Tesco is locking more than 1,000 prices until 2024 as part of its plan to deliver “great value” and help shoppers cope with the cost-of-living crisis.
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NewsTesco chief customer officer Bellini steps down
Tesco chief customer officer Alessandra Bellini is stepping down from her role at the end of September, after nearly seven years with the business.
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DataForecast: Who will win in grocery as inflation begins to ease?
Grocery spend increased by 8.4% and 8.7% on a total and like-for-like basis respectively in the three months to July, according to the BRC-KPMG Retail Sales Monitor. This compares to a 1.5% increase for retail overall. With high rates of food inflation, value has been the key focus and, despite transaction value increasing, volumes have been in decline.
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Innovation of the WeekInnovation of the Week: Tesco partners with Hasbro on toy recycling trial
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsRetailers to fund new police operation to crack down on crime
Retailers including John Lewis, Sainsbury’s and Tesco have agreed to fund a new police operation, Project Pegasus, to crack down on shoplifting in stores.
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NewsTesco boss Murphy urges government to stand by net-zero targets
Tesco’s chief executive Ken Murphy has called on political parties to stand by the country’s net-zero commitments and give businesses more confidence to invest in green innovations.
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NewsTesco offers body cameras to staff as physical attacks soar
Tesco will be providing body cameras to frontline workers after experiencing an “unacceptable” increase in verbal and physical attacks.
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NewsMarks & Spencer says government response on period pants tax ‘isn’t enough’
Marks & Spencer has said the latest government response to making period pants free from VAT “isn’t enough” as its Say Pants to the Tax campaign continues to gain momentum.
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NewsSainsbury’s and Mountain Warehouse join campaign to axe period pants tax
Grocer Sainsbury’s and outdoor clothing specialist Mountain Warehouse have become the latest retailers to lend their support to a campaign to scrap VAT on period pants.
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NewsTesco to cover VAT cost on period pants
Tesco has become the first retailer to cover the cost of VAT on period pants following an industry-wide campaign calling on the government to reclassify the item as a period product to make them “more affordable” for customers.
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NewsPrimark and Tesco join M&S in ‘Say Pants to the Tax’ campaign
Primark and Tesco are the latest retailers to join the Say Pants to the Tax campaign launched by Marks & Spencer and Wuka calling on the government to make period pants free from VAT.
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NewsTesco Express to swap 50 key products with alternatives
Tesco has announced it will overhaul its Express stores by swapping more than 50 key everyday products with lower-priced alternatives.
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AnalysisStrategy spotlight: Five ways Tesco is storming ahead of its big four peers
Despite squeezed consumer spending and the growing discounter threat, market leader Tesco has consistently held on to its dominant market share. Amid initial signs of food inflation starting to ease, our Retail Week analysts examine five ways we expect the grocery giant to intensify its focus and maintain its competitive advantage
