Tesco
This coverage examines Tesco’s strategy, operations, and performance within the UK grocery and retail sector. Reporting highlights store and online initiatives, product development, pricing strategies, financial results, marketing campaigns, sustainability efforts, and leadership decisions. With a focus on commercial outcomes and competitive dynamics, it provides insights for professionals managing grocery, convenience, and multi-channel retail.
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Oct- 2023 -13 OctoberNews
Tesco to hire 30,000 people ahead of Christmas season
Tesco is planning to recruit 30,000 temporary workers across the UK to help customers during the busy Christmas period. The jobs will mainly involve working in Tesco’s Superstores and Extra stores for either early morning, day or evening shifts, so that prospective applicants can find an opportunity that fits around…
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11 OctoberHigh Street
BRC backs Labour shoplifting stance
The British Retail Consortium (BRC) has backed the Labour party’s stance on shoplifting and violence against retail staff. Sir Keir Starmer announced at the Labour party conference that it intends to create a specific new offence of assault against retail workers. The party also announced its intention to roll back…
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10 OctoberNews
Today’s news in brief-10/10/23
Grocery price inflation has fallen for the seventh consecutive month, reaching 11% for the four weeks ending on October 1, 2023. This is the lowest rate since July 2022, based on data from Kantar. During this period, take-home grocery sales increased by 9.1% compared to the previous year, likely influenced…
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10 OctoberSupermarkets
Grocery price inflation falls for seventh consecutive month
Grocery price inflation has fallen for the seventh month in a row to 11% for the four weeks to 1 October 2023, the lowest rate since July 2022, according to new data from Kantar. Over the period, take-home grocery sales rose by 9.1% compared with last year, as people enjoyed…
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4 OctoberNews
Today’s news in brief-04/10/23
Aurelius Group, the parent company of Lloyds Pharmacy, has reportedly emerged as a contender in the race to acquire The Body Shop. This places Aurelius Group alongside Elliot Advisors, owner of Waterstones, and private equity firm Epiris as potential buyers. The move comes following The Body Shop’s decision to put…
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4 OctoberSupermarkets
Tesco raises forecast amid strong H1
Tesco has reported adjusted operating profits of £1.3bn in the UK, an increase of 17.2%, as like-for-like sales across the group increased 7.8% and inflation fell across H1. As a result, it now expects to deliver between £2.6bn and £2.7bn in retail adjusted operating profit for the 2023/24 financial year.…
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2 OctoberNews
Tesco rolls out protective screens for retail workers
Tesco is introducing new protective screens at hundreds of Express stores and petrol station kiosks in a further bid to protect its colleagues from assault. The supermarket, which has already rolled out body cameras across its stores as part of a range of measures to protect colleagues, is making the…
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Sep- 2023 -27 SeptemberNews
Today’s news in brief-27/09/23
Tesco is freezing prices on over 1,000 items until 2024 in response to the cost-of-living crisis. Products like Typhoo One Cup teabags, Jacobs’ Cream Crackers, and Aquafresh Toothpaste are included. The supermarket is continuously cutting prices, with recent reductions on items like Andrex Toilet Tissue, Free From white rolls, and…
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27 SeptemberSupermarkets
Tesco locks prices on 1,000 products until 2024
Tesco is locking the price of more than 1,000 products until 2024, as consumers continue to face the cost-of-living crisis. Among the 1,000-plus everyday items to have their price locked as part of the latest round of Low Everyday Prices are Typhoo One Cup teabags, Jacobs’ Cream Crackers and Aquafresh…
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26 SeptemberFeatures
How intelligence-led solutions can become preventative shoplifting measures for retailers
Do you think the UK is facing a shoplifting epidemic at the moment? There’s plenty of evidence on the basis of the British Retail Consortium of a rise in criminality and violence towards shop workers. We’ve seen plenty of images of shoplifting episodes on various media channels and a lot…
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