Tesco

Tesco UK CEO steps down after only a year in role

Tesco has announced that UK CEO Matthew Barnes has stepped down after only one year in the role to “pursue…

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Today’s news in brief-15/5/25

B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years…

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B&M appoints ex-Tesco exec as new CEO

B&M has announced the appointment of Tjeerd Jegen as its new chief executive officer. The value retailer revealed that Jegen…

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A Lidl bit more: Why is Lidl investing in expansion?

On 28 April Lidl announced that it is going to invest £500m in store expansion, aiming to open more than…

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Supermarket chains are betting big on small stores

Asda plans to open 25 new convenience stores between June and December, having only opened 12 last year. As part…

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Supermarket sales rise 9.6% amid Easter boost

Total Till sales increased 9.6% at UK supermarkets during the last four weeks ending 19 April 2025, up by 2.7%…

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B&M’s chief financial officer appointed interim CEO

B&M has announced the appointment of chief financial officer Mike Schmidt to the role of interim chief executive, effective immediately. …

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Burberry kickstarts search for new chair

Burberry has kicked off the official search for a new chairman to replace Gerry Murphy, Sky News has revealed.  According…

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Today’s news in brief-23/4/25

THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking…

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The potential ripple effect of Asda’s Rollback return

Asda has brought back its “iconic” Rollback scheme, reducing prices on more than 4,000 products in stores and online. As…

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