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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Jun- 2023 -30 JuneFeatures
How is AI shaping the retail sector?
Can you tell me about yourself and your experience in the retail industry? I am a partner with BearingPoint, a leading Management and Technology Consultancy, and I have responsibility for the Consumer Goods and Retail sector in the UK. Prior to joining BearingPoint, I had a long career working in…
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26 JuneSupermarkets
Supermarket leaders to be questioned over rising prices
Supermarket leaders are set to be questioned by MPs this week regarding claims they could be profiteering from rising food and fuel prices. According to The Sunday Times, Morrisons CEO David Potts will be among the supermarket bosses to be questioned by MPs on the business committee tomorrow (27 June).…
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21 JuneSupermarkets
Aldi becomes Scotland’s 3rd biggest supermarket by volume, Kantar finds
Aldi Scotland has revealed its volume share of the grocery market has increased to 11%, moving ahead of Morrisons and Sainsbury’s for the first time to become the third biggest supermarket, according to new data from Kantar. Aldi Scotland now commands a higher volume market share than Co-op (7.2%), Sainsbury’s…
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20 JuneSupermarkets
Grocery price inflation falls to lowest level this year
Like-for-like grocery price inflation has dropped to its lowest level since 2022 and now sits at 16.5% for the four weeks to 11 June 2023, according to the latest data from Kantar. British take-home grocery sales rose by 10.8% over the month in comparison with the same period last year.…
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16 JuneSupermarkets
Tesco sales up 9% amid signs of easing inflation
Tesco has announced that its sales excluding fuel in the UK and Ireland have risen 9% to £13.8bn for the 13 weeks ended 27 May 2023. Overall, the company posted sales of £14.8bn across its stores in the UK, Ireland and Central Europe including Booker, an increase of 8.2%. This…
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14 JunePeople Moves
BRC names new chairman
The BRC has announced the appointment of Andy Higginson as the new incoming chairman to succeed Tony De Nunzio in September this year. Higginson has over 30 years of senior executive and non-executive experience in the retail industry in the UK and internationally, covering major brands. Previously, he was CFO…
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13 JuneSupermarkets
Aldi sees frozen fish and seafood volume market share soar
Aldi has increased its volume market share of frozen fish and seafood from 12.0% to 14.3% in the 12-week period ending 14 May 2023, according to the latest figures from Kantar. It now sells more frozen fish than any other retailer in the UK aside from Tesco, overtaking frozen food…
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8 JuneNews
Tesco and Morrisons ban Chinese state-owned CCTV cameras
Tesco and Morrisons have recently stopped purchasing Chinese-made CCTV cameras amid privacy and human rights concerns, The Telegraph has reported. Morrisons is the latest grocer to remove the equipment supplied by Hikvision and Dahua over their alleged involvement in the persecution of the Uyghur Muslim minority in North-West China. The…
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7 JuneNews
Boots CFO steps down
Boot’s chief financial officer Michael Snape has recently quit his role after five years in the position. Snape joined the pharmacy and beauty retailer in 2018 after holding senior positions at grocers, including Tesco. He will be replaced by existing Boots finance executive Sam Hunter. It is unclear whether Snape…
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5 JuneNews
Tesco encourages shoppers to support allergy awareness campaign
Tesco shoppers are being encouraged to help an ongoing in-store and online allergy awareness and fundraising campaign between 3 to 11 of June to support medical research into food allergies. For the fourth year running, Tesco is working with The Natasha Allergy Research Foundation by donating 10p from every Tesco…
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