Tesco

Today’s news in breif-13/8/24

UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months…

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Sainsbury’s sees biggest market share gain since 1997

Take-home sales at the grocers rose by 3.8% in the four weeks to 4 August 2024 compared with a year…

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Hot weather and Euros help boost grocery sales

Total Till sales at UK supermarkets improved +3.6% in the last four weeks ending 13 July 2024, up from 1.1%…

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Iceland boss calls for review of supermarkets’ restrictive covenant ban

Iceland managing director Richard Walker has urged the new Labour government to review the ban for supermarkets to use restrictive…

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Today’s news in brief-23/7/24

Tapi Carpets and Floors Limited has acquired the Carpetright brand and 54 stores following its collapse into administration. While over…

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Retail welcomes apprenticeship levy reform

Retailers such as AO and Co-Op as well as the British Retail Consortium have welcomed government plans for a new…

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Ikea partners with Tesco to open 100 more click-and-collect points

Ikea has announced that it is planning to open 100 more click-and-collect points at Tesco stores across the UK to…

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Today’s news in brief-15/7/24

Luxury fashion brand Burberry has ousted CEO Jonathan Akeroyd following a sharp decline in sales during its first quarter. Sales…

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Abuse of retail workers to become standalone offence

The government is expected to pass the Crime and Policing bill this week, which will make assaulting, threatening or abusing…

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Today’s news in brief-4/7/24

The European Commission is taking a decisive step to tackle a surge in unsafe and substandard products flooding EU markets…

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