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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Jan- 2022 -27 JanuarySupermarkets
The Midcounties Co-Operative appoints new head of property
The Midcounties Co-operative has appointed Kathryn Lyddon as head of property as it embarks on a “significant” investment programme for 2022. In her new role, Lyddon will be providing professional expertise and support across the society’s property portfolio, which currently spans more than 220 Your Co-op Food stores, 48 Your…
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25 JanuarySupermarkets
Tesco agrees partnership with Alcumus
Tesco has partnered with Alcumus, a business aimed at providing software-led management solutions for managing health, safety and ESG. Alcumus said it will provide Tesco with a “fully integrated, digital technology platform that will bring together operational and risk management information, processes and workflows, allowing the growing multinational business to…
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24 JanuarySupermarkets
Morrisons begins hunt for new CEO
The new owner of Morrisons, private equity firm Clayton Dublier & Rice (CD&R), has reportedly started its search for a new CEO after its current CEO David Potts indicated his intention to step down in about two years time. According to the Sunday Times, CD&R has appointed advisers from international…
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24 JanuaryPeople Moves
Wickes appoints chief financial officer
The Wickes Group has announced the appointment of Mark George as chief financial officer (CFO), effective no later than 20 July 2022. In his new role, George will replace Julie Wirth who has announced her intention to retire froma full-time executive role following her “significant contribution” to the transition of…
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14 JanuarySupermarkets
McColls CCO to depart to head up Sainsbury’s grocery arm
McColl’s Retail Group has announced that Richard Crampton has informed the board of his decision to resign as chief commercial officer to take up the role of director of Fresh Food and Food Services at J Sainsbury plc. Accordingly, McColls said Crampton has stepped down from the board with “immediate…
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13 JanuaryNews
Tesco expects profits to hit £2.6bn amid strong Xmas trading
Tesco has set a new profit guidance of £2.6b after a stronger than expected Christmas period, according to its latest trading report for the 19 weeks ended 8 January 2022. It revealed the retailer has seen further growth on top of an “exceptional” performance last year, with shares sitting at…
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11 JanuarySupermarkets
UK supermarket sales exceed expectations as Brits spend £7.1bn
UK shoppers spent a total of £7.1bn at UK supermarkets in the two weeks ending 25 December with weekly sales peaking at +14.8%, according to new data released today by NielsenIQ. This figure exceeds previous forecasts from analysts at NielsenIQ, in which sales were predicted to grow to £6.8bn, up…
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6 JanuaryNews
Asda unveils new year leadership changes
Asda has announced changes to its executive leadership team as it enters into the new year with the appointment of Ken Towle as its new retail director with responsibility for all Asda’s stores. Towle joins Asda from Nisa, where has held responsibility for supplying over 4000 stores across Great Britain…
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6 JanuaryComment
Checkout free stores: what they’re all about
What is the concept behind checkout-free stores? In theory, checkout-free stores drive convenience for both the merchant and the customer. Everyone has demanding lives and as a result will, understandably, look to minimise hassle if they can. Through the right payments’ infrastructure, these stores, which first appeared in the UK…
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5 JanuarySupermarkets
Grocery sales hit £11.7bn in December
Take-home grocery sales reached £11.7bn in December alone as shoppers upped their spending to celebrate Christmas, according to the latest figures from Kantar. Over the 12 weeks to 26 December 2021, shoppers spent £31.7bn primarily boosted by the December performance. Although down by 3.0% compared with 2020, spending remains higher…
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