Tesco mulls premium stores
Supermarket chain Tesco is reportedly considering the launch of premium, upmarket ‘Finest’ stores to compete with the likes of M&S Simply Food. According to the Financial Times, the supermarket revealed ...
Companies: Tesco
Tesco Q1 sales slow amid ‘subdued’ UK market
Tesco has reported Q1 like-for-like sales growth of 0.2% attributed to what it calls a “subdued” UK market. For the 13 week period ending 25 May 2019, group sales reached ...
Clubcard holders to get 50% discount for Tesco’s 100th birthday
Tesco Clubcard holders are set to get a 50% discount on their shopping as part of the supermarket’s 100th birthday. According to reports by Money Saving Expert (MSE) shoppers will ...
Tesco refuses to deny 15,000 job losses
Tesco has refused to deny reports that it is to cut 15,000 jobs as part of an overhaul of its store operations in a £1.5bn cost cutting plan. A spokesperson ...
Carl Rogberg becomes third ex-Tesco executive cleared of fraud
Former Tesco executive, Carl Rogberg, has been cleared of £250m fraud and false accounting charges, which sent the supermarket into financial crisis. Rogberg, the former finance director at Tesco, was ...
Tesco and M&S stockpile tinned food in prep for Brexit
Tesco and Marks and Spencer have announced they are stockpiling long-life foods in preparation of a no-deal Brexit. The ‘big four’ grocer’s chief executive Dave Lewis revealed that “sensible” contingency ...
Tesco reports strong sales over Christmas period
Tesco has beaten City forecasts with a 2.6% increase in like-for-like sales over the six week period ending 5 January. Tesco attributed the growth to its ‘Festive 5’ vegetable offer ...
How supermarkets are tackling the waste problem
Waste is evidentially a huge problem in the UK, which hasn’t gone unnoticed by Theresa May who pledged to eliminate plastic by 2042. Iceland is one supermarket that is already ...
Retailers could lose out on £496m refund as ATM ruling is appealed
In November, the Court of Appeal ruled that ATMs inside and outside of stores should not be assessed for business rates
Tesco executives acquitted in £250m fraud trial
Chris Bush, former UK managing director, and John Scouler, former UK food commercial director of Tesco have been acquitted of £250m fraud and false accounting charges after a judge ruled ...
LATEST HEADLINES
Nine retailers to open on Broadgate development
Nine retailers are set to open stores on the Broadgate development just outside Liverpool Street Station. Chocolatier, Charbonnel et...
Mulberry Media is an independent media company creating and engaging high-value B2B audiences across print, online, apps and events.