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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Mar- 2023 -27 MarchSupermarkets
Tesco surpasses Whoosh rollout target by 25%
Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from 1,000 of its express stores. The company had set a target to offer Whoosh from 800 stores by the end of February 2023, but has exceeded that target by 200…
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23 MarchPeople Moves
Ebay appoints new UK general manager
Ebay has promoted UK chief marketing officer Eve Williams to the role of vice president, general manager of its UK business. Williams replaces Murray Lambell who held the role since 2020 and has now been promoted to global general manager of the home, garden and refurbished categories based at Ebay’s…
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13 MarchSupermarkets
Tesco criticised by suppliers over online fulfilment fees
Tesco has received criticism from its suppliers and farmers after they were informed of new fulfilment fees, which are to be imposed by the retailer on produce sold online, The Times has reported. This comes as the supermarket chain wrote to suppliers last week informing them that it would introduce…
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10 MarchSupermarkets
Tesco sounds out John Allan replacements
Tesco has reportedly begun sounding out potential replacements for its long-time chairman John Allan, according to Sky News. City sources told Sky that a number of big boardroom figures had been approached by headhunters working for Tesco in recent weeks. Allan will step down next year, by which time he…
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8 MarchComment
Data is the perfect conversation starter for retailers – check out Tesco for proof
Improving online and in-store integration is a priority for many omnichannel retailers in 2023. Tesco, for instance, has seen huge success by making its Tesco Pay + app integral to improving the customer in-store experience. The app allows customers to pay with their phones and collect Clubcard points, and has…
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6 MarchDepartment Stores
WHSmith to target stationary market with new Curi.o.city stores
WH Smith has reportedly revealed plans to open a souvenir and stationery store called Curi.o.city as it looks to fill the void left by the collapsed paperchase, according to The Times. According to the report, WH Smith will open standalone shops, one under the new fascia in Gatwick airport’s south…
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Feb- 2023 -28 FebruaryNews
Grocery price inflation hits record 17% in February
Grocery price inflation rose to a record 17.1% in the four weeks to 19 February 2023, according to marketing data and analytics company Kantar. Based on the company’s monitoring of the take home grocery purchasing habits of 30,000 households across Great Britain, the analysis shows that grocery price inflation is…
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24 FebruaryDIY
B&Q and Screwfix staff to receive 8% pay rise
Kingfisher is reportedly set to increase the hourly pay rate for its B&Q and Screwfix staff by more than 8% year-on-year, Retail Week has revealed. The changes will be effective from the beginning of the new financial year. Shopfloor workers across both businesses will see their pay rise to £10.60…
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22 FebruaryFeatures
Could stationery retailers be facing a future in concessions?
Stationery retailers have not had a brilliant start to the year, as shown by a succession of less-than-stellar financial results from big players in this corner of the market, such as Ryman and WHSmith. For starters, Ryman reported a loss of £8.5m in earnings for the first time in 25…
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22 FebruaryHigh Street
Paperchase to shut all stores after failure to find buyer
Paperchase’s remaining 106 stores will be closing, The Times has reported, after its administrators failed to find a buyer for the retailer’s remaining assets. The news of the closures, which will result in 900 redundancies, comes as Tesco purchased the stationery retailer’s brand and IP out of administration earlier this…
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