Tesco

Tesco gives staff third pay rise in 10 months

Tesco has announced that it has agreed to raise its staff’s hourly wages by 72p from £10.30 to £11.02. This…

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Tesco explores sale of banking arm

Tesco is reportedly set to launch a review of its banking arm which could lead to the sale of the…

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Harvey Nichols appoints ecommerce director

Harvey Nichols has announced the appointment of Annabel Thorburn, the current senior vice president of ecommerce at Sweaty Betty, as…

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Former Aldi CEO in running to replace David Potts at Morrisons

Former Aldi CEO Matthew Barnes is reportedly in the running to replace David Potts as CEO of Morrisons, according to…

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Paperchase unsecured creditors left with £20m bill

Paperchase’s unsecured creditors have been stuck with a £20m bill from its period in administration, according to The Times, after…

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Iceland refinancing prospects strengthen amid improved guidance

Iceland has reported a “better than expected” guidance, and as a result, the retailer believes its prospects for a £750m…

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Tesco exec Jason Tarry touted to replace Morrisons CEO

Tesco executive Jason Tarry has been identified as a potential replacement for Morrisons CEO David Potts, according to reports from…

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Tesco acquires Paperchase IP in pre-pack deal

Tesco has acquired the intellectual property and brand of embattled stationery retailer Paperchase for an undisclosed sum in a pre-pack…

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Grocery Price inflation hits record 16.7%

Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest…

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Tesco in talks to acquire paperchase out of administration

Tesco is reportedly close to acquiring stationery retailer Paperchase out of administration.  According to Sky News, Tesco is in advanced…

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