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- 2025 -12 JuneSupermarkets
Tesco Q1 sales rise 4.6% despite ‘intensely competitive’ market
Tesco has welcomed rising sales and a growing market share in Q1 despite an “intensely competitive” market, with group like-for-like sales up by 4.6% to £16.4bn over the period. In the 13 weeks to 24 May, its UK market share grew by +44bps year-on-year to 28%, with 24 consecutive four-week…
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6 JuneNews
Morrisons names Emma Macey as trading director for general merchandise
Morrisons has announced it has appointed Emma Macey as its new trading director for general merchandise. Announcing the appointment on Linkedin, Morrisons said Macey brings with her over two decades of commercial retail experience; most recently at Asda, where she held a number of senior roles across commercial, e-commerce, retail…
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4 JuneSupermarkets
Morrisons appoints former BP CMO as new chief marketing director
Morrisons has appointed Claire Farrant, former BP CMO/VP Mobility, as its new chief marketing director, effective 3 June 2025. Prior to BP, Farrant spent 18 years in senior roles in the UK grocery sector – over eight years as marketing director of Lidl UK and almost a decade in a…
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4 JuneHigh Street
B&M profits slump as inflation hits
B&M has seen its profit-before-tax fall 13.2% to £431m, compared with the £498m it posted in the same period last year. This came as a result of UK inflation, with the company’s UK revenues falling 3.1%, despite its overall group revenue rising 3.7% to £5.57bn. B&M put this revenue increase…
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2 JuneFeatures
Is kidswear holding fashion retailers back?
Children’s apparel rarely commands the spotlight in retail reporting – but when it underperforms, the drag is felt quietly across the balance sheet. In its latest financial results, Adena Brands – owner of Monsoon and Accessorize – reported a £7.5m pre-tax loss and an 11% decline in group sales. The…
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2 JuneSupermarkets
Tesco to trial shorter trading hours at Express stores
Tesco is reportedly looking to close a selection of its convenience-format stores an hour earlier than usual, according to The Telegraph. This potential change is said to be due to a £235m increase in staff costs following adjustments to National Insurance contributions, which came into effect in April. As a…
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May- 2025 -30 MaySupermarkets
Discounters win out as grocery sales growth slows to 3% after Easter
Total Till sales growth slowed to +3% at UK supermarkets in the last four weeks ending 17 May 2025, following +9.6% recorded last month following a boost in Easter sales, according to new data released by NielsenIQ (NIQ). NIQ said the lower growth rate is a “reset” as shoppers reign…
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23 MayNews-In-Brief
Today’s news in brief-23/5/25
Tesco UK CEO Matthew Barnes has stepped down after just one year in the role to pursue other opportunities. He will be replaced by Ashwin Prasad, Tesco’s current chief commercial officer, from 30 June. Prasad brings extensive retail experience, having been part of Tesco’s executive team since 2020. Meanwhile, Natasha…
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23 MaySupermarkets
Tesco UK CEO steps down after only a year in role
Tesco has announced that UK CEO Matthew Barnes has stepped down after only one year in the role to “pursue other opportunities”. The supermarket has announced that he will be replaced by Ashwin Prasad, Tesco’s current chief commercial officer, effective from 30 June. Prasad has been a member of Tesco’s…
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15 MayNews-In-Brief
Today’s news in brief-15/5/25
B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years of retail experience from companies including Ahold Delhaize and Woolworths. Chair Tiffany Hall praised his strategic insight and customer-centric approach. Despite a 3.1% drop in UK like-for-like sales to £4.5bn…
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