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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Nov- 2022 -15 NovemberSupermarkets
Supermarkets see sales improve as they head into Christmas
In the last four weeks supermarkets’ total till value growth increased to 5.3% from 4.7% last month, despite inflation accelerating and shoppers purchasing less, according to NielsenIQ data. Across the industry, it found average spend per visit increased to £18.50 compared with £18.20 last month but is still lower than…
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14 NovemberHigh Street
Retailers call on chancellor to freeze business rates
Retail bosses from some of the UK’s leading retailers – including Tesco, Sainsbury’s, Greggs and Iceland – have called on chancellor Jeremy Hunt to freeze business rates in the autumn statement, which is due to be announced on Thursday 17 November. Forming the Retail Jobs Alliance, the chief executives have…
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8 NovemberEconomy
Grocery price inflation hits record 14.7%
Four-week grocery price inflation has hit another record high figure at 14.7%, according to Kantar, marking another “record” high and adding a potential extra £682 to annual grocery bills. The news comes as take-home grocery sales increased by 5.2% in the 12 weeks to 30 October 2022, marking the fastest…
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3 NovemberSupermarkets
Tesco wins appeal in Lidl trademark dispute
Tesco has won an appeal in court which will mean it can argue at trial that Lidl applied for trademarks for a yellow circle against a blue background in “bad faith”. It comes as Tesco filed a counterclaim against Lidl last year, after the discount supermarket launched a lawsuit that…
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Oct- 2022 -6 OctoberSupermarkets
Tesco to cut over 300 head office roles amid soaring inflation
Tesco is set to cut over 300 jobs from its head office as part of a major shake up after warning that profits would be impacted by soaring inflation. The news came at the same time as Tesco announced that it would be increasing the hourly wage for its shop…
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5 OctoberSupermarkets
Tesco raises pay despite profit hit
Tesco has seen its profits tumble in the first half of the year, with profit before tax plummeting by 64% to £413m, as the group contends with “significant” cost inflation and changing consumer habits. Nonetheless, revenues rose by 6.7% to £32.5bn in the period, while the group announced it would…
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Sep- 2022 -13 SeptemberDepartment Stores
John Lewis, Primark, Aldi to shut stores all day for Queen’s funeral
A number of retailers have confirmed they will shut all of their stores on the day of Queen’s funeral on 19 September as a mark of respect. Retailers including John Lewis, Homebase, WH Smith, B&Q, Primark, Tesco, Sainsbury’s, Argos, Ikea, Poundland and grocers Aldi and Sainsbury’s will shut all of…
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13 SeptemberSupermarkets
Aldi becomes Britain’s fourth largest supermarket as inflation hits
For the first time ever, Aldi has become Britain’s fourth largest supermarket, as discount grocers continue to benefit from customers who are managing their budgets amid rising inflation. According to new figures from Kantar, Aldi’s sales rose by 18.7% over the 12 weeks to 4 September 2022, reaching a 9.3%…
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9 SeptemberHigh Street
The Entertainer to partner with Tesco
Toy retailer, The Entertainer, has announced a partnership with Tesco to open branded concessions in around 35 Tesco stores across the country. The trial partnership will offer Tesco customers the chance to shop The Entertainer’s range of products from leading brands such as Barbie, Lego, Marvel and Paw Patrol. Gary…
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9 SeptemberDepartment Stores
Selfridges to shut today as retailers pay tribute to Queen
Selfridges has announced that its stores in London, Manchester and Birmingham will remain closed today (9 September) as a mark of respect for Queen Elizabeth II, who passed away yesterday at the age of 96. The retailer acknowledged the temporary closure on its social media pages, alongside a statement that…
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