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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Sep- 2023 -26 SeptemberNews
Today’s news in brief-26/09/23
Frasers Group has unveiled a new Flannels store in Nottingham city centre, featuring luxury designer clothing and accessories. The 15,000 sq. ft store houses brands like Gucci, Christian Louboutin, Saint Laurent, and Valentino. The opening is part of Frasers’ commitment to investing in retail and expanding its premium shopping destinations…
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26 SeptemberSupermarkets
Aldi to offer staff body cameras amid shoplifting rise
Aldi chief executive Giles Hurley has announced that the company will be offering staff body cameras in a bid to deter would-be shoplifters. Hurley confirmed that the plan was being trialled in a number of Aldi stores as the amount of shoplifting continues to rise. He also stated that body…
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25 SeptemberPeople Moves
BP appoints new VP of marketing for Europe retail team
BP has announced the appointment of Claire Farrant as its new VP of marketing for the mobility and convenience retail business in Europe. Farrant previously served as marketing director at Lidl UK, where she played a part in expanding the grocer’s market share in the UK’s supermarket sector. In her…
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21 SeptemberNews
Today’s news in brief-21/09/23
Wilko’s administrators PwC are reportedly set to begin a review of dividend payouts totalling £77m to investors over the past decade. The review will focus on payouts to the Wilkinson family and other investors leading up to the retailer’s decline. Notably, despite posting losses of £39m, Wilko paid out a…
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21 SeptemberSupermarkets
Tesco’s chief customer officer to step down
Tesco has announced that its chief customer officer, Alessandra Bellini, is set to step down from her role at the end of September. Following her departure, Ashwin Prasad will lead Tesco’s customer and product teams as chief commercial officer. Bellini, who joined in March 2017, will leave Tesco after nearly…
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20 SeptemberSupermarkets
Asda appoints new leaders to tech team amid Walmart separation
Asda has announced the appointment of Adrian Berry and Rob Barnes to its technology team to oversee the development of its new technology strategy and separation from Walmart. Berry will join early in 2024 as the retailer’s new chief technology officer, where he will be responsible for all core technology…
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19 SeptemberSupermarkets
Unexpected September heatwave helps UK grocery sales bounce back
The late summer and unexpected heatwave in early September helped lift grocery sales at UK supermarkets, with Total Till sales growing +10.3% in the last four weeks ending 9 September 2023, according to new data released today by NIQ. NIQ revealed that growth at supermarkets during the four week period…
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12 SeptemberSupermarkets
Grocery price inflation drops to 12.2%
Grocery price inflation has dropped to its lowest level in over 12 months at 12.2% for the four weeks to 3 September 2023, according to the latest data from Kantar. Take-home sales from the grocers rose by 7.4% compared with the same period in 2022, a slight increase on the…
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6 SeptemberSupermarkets
Aldi named cheapest supermarket for 15th month in a row
Aldi has been named the cheapest supermarket for the fifteenth month in a row, according to Which’s Cheapest Supermarket Price Comparison data. The data looks at the cost of a basket of items, including groceries and household essentials. The latest research shows that in August Aldi was £14.30 cheaper than…
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4 SeptemberSupermarkets
Tesco staff offered body cameras as physical assaults rise
Tesco’s chief executive, Ken Murphy, has confirmed that the supermarket chain has equipped its members of staff with body-worn cameras, after seeing physical assaults rise by a third in a year. Writing to the Mail on Sunday, Murphy said that as a result, he has called for a change in…
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