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- 2022 -14 JuneSupermarkets
Lidl to take Tesco to court over logo battle
Supermarket rivals Lidl and Tesco are set to face off in court after the German budget retailer claimed the ‘Big Four’ grocer is using the background of its trademarked logo to promote its Clubcard discounts. Lidl has said its background, a blue square containing a yellow circle with a thin…
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8 JuneSupermarkets
Tesco accused of greenwashing in banned adverts for vegan burger
Tesco’s ‘Plant Chef’ vegan burger adverts have been banned by the Advertising Standards Authority (ASA) after determining that it could be deemed as ‘misleading’. The ASA said the claim that the ‘Plant Chef’ burger was better for the environment could only be justified “if the advertised product provided a total…
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May- 2022 -31 MayDIY
B&M appoints CEO successor as FY revenues dip
B&M has revealed that sales dipped in its latest full-year results, alongside the announcement of a new CEO, as revenue fell by 2.7% to £4.7bn against the prior year, despite increasing 22.5% on a two-year basis against FY20. Its UK fascia revenue decreased 4.1% year-on-year, largely driven by a one-year…
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27 MaySupermarkets
Asda sales drop 9.2% to £4.64bn
Asda has reported its like for like sales (excluding fuel) fell by 9.2% to £4.64bn in the period from 1 January to 31 March 2022 (Q1), compared to the “exceptional” period of Q1 2021, when the UK’s third national lockdown resulted in more meals being consumed at home. Overall, the…
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16 MayHigh Street
Jollyes unveils manager for new Stirling store amid recruitment drive
Jollyes has named the manager for its latest store in Stirling as recruitment for new colleagues gets underway. The new store at Unit 3 Burghmuir Retail Park in Stirling will open in mid-June and employ 12 colleagues. Jollyes has recruited Angela Rennie, who has worked for leading retailers including Home…
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11 MayPeople Moves
Tesco online lead departs for Google
Tesco’s managing director for online has departed the company in order to take up a similar position at Google’s cloud computing business Google Cloud. Chris Poad, who took up the position at Tesco in October 2019, has overseen the ‘Big Four’ grocers online department as it tackled the lockdown surge…
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10 MaySupermarkets
Tesco opens up supply chains to sustainable start-ups
Tesco and WWF have launched a new accelerator programme which aims to pair start-ups with Tesco suppliers to fast-track sustainability innovation in the supply chain. The partnership aims to “cut the environmental impact of food and support UK food security”. It comes as Tesco is calling on the UK government…
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4 MayHigh Street
Retail Jobs Alliance demands business rates reform
An alliance of retail companies including Tesco, Sainsbury’s, Greggs and Waterstones are forging a new coalition to urge Rishi Sunak to move ahead with reforms to Britain’s decades-old business rates regime, according to Sky News. The group, which is calling itself the Retail Jobs Alliance, has written to the chancellor…
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Apr- 2022 -19 AprilPeople Moves
Asda unveils new chief financial officer
Asda has announced the appointment of Michael Gleeson as its new chief financial officer (CFO), who is set to join the business next year. The announcement comes as Asda’s current CFO, John Fallon, has decided to leave the business and take on new challenges. Gleeson will join the company from…
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14 AprilSupermarkets
Supermarket shares crash amid Tesco profit warning
UK Supermarkets saw almost £1bn wiped off their value yesterday as the cost of living crisis began to take hold, after Tesco had warned of the future impact of rising costs and inflation in its annual report. Tesco and Sainsbury’s both saw their share prices drop following the latest update,…
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