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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Apr- 2023 -26 AprilSupermarkets
Tesco and M&S among first to join Compostable Coalition UK
Representatives from Tesco, Marks and Spencer and Ocado Retail are among the first to be named as Compostable Coalition UK advisory board members. Compostable Coalition UK has assembled the advisory board as part of its UK Research and Innovation funded ‘Closing the Loop for Compostable Packaging’ research project. Funded by…
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26 AprilPeople Moves
John Lewis names first head of loyalty as it rolls out more rewards schemes
John Lewis Partnership has partnered with customer loyalty and marketing experts dunnhumby and Eagle Eye to create more benefits for customers, and also appointed the department retailer’s first ever head of loyalty, Emily Wells. The news comes as the company signalled its intent to invest in data and loyalty earlier…
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25 AprilSupermarkets
Grocery price inflation dips as Aldi secures 10% market share
Grocery price inflation rose by 17.3% in the four weeks to 16 April 2023, down marginally on the 17.5% recorded in the previous four weeks, according to the latest data from Kantar. Amid rising prices, both Aldi and Lidl hit new record market shares over the latest 12 week period…
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21 AprilSupermarkets
Tesco to open Coronation-themed pub in May
Tesco will be opening its first-ever pub, The King in the Castle, next month for 4 and 5 May in celebration of the King’s Coronation. The pub, which is Coronation-themed and located in Farringdon, London, aims to encourage the nation to “do good by going to the pub”. The retailer‘s…
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19 AprilSupermarkets
Lidl wins logo dispute against Tesco
Tesco has been ordered to stop using its Clubcard logo by the High Court after it deemed that the logo had been copied from Lidl’s own blue and yellow logo. Following its launch in September 2020 Lidl said it was “concerned” that some customers would see the Clubcard logo and…
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18 AprilSupermarkets
Food and drink inflation in supermarkets surges 17.2% in March
Overall food and drink inflation in supermarkets rose 17.2% in March, up from 16.5% last month, according to data from Which?. The price of porridge oats increased 35.5% across Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose compared with last year. Alongside this the price of cheddar cheese rose…
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13 AprilSupermarkets
Tesco profits halve as inflation hits business
Tesco has seen its full-year profits plunge by 50.8% to £1bn, down from £2.03bn the prior year, as inflation took its toll on the supermarket’s business throughout the year. Despite the cost-of-living crisis, revenues rose by 7.2% to £66m and retail like-for-like sales rose by 5.1%, yet the group was…
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11 AprilSupermarkets
Tesco eyes supplier price cuts in bid to lead supermarket deflation
Tesco is reportedly set to push suppliers for price cuts as it looks to pass on lower prices to consumers and drive down food price inflation, according to The Sunday Times. The outlet cited Ged Futter, director at The Retail Mind, who claimed Tesco is trying to “lead the supermarket…
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Mar- 2023 -28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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27 MarchFeatures
It’s always someone’s birthday: gift cards remain evergreen
Inflation and rising living costs have turned consumers into paranoid penny-pinchers, who are cautiously awaiting the next fiscal catastrophe to empty their wallets once again. According to Barclays, nearly six in 10 Brits are actively curbing their discretionary purchases, which has led to just a 5.5% uplift in year-on-year spending…
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