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- 2021 -9 NovemberSupermarkets
Grocery sales fall 1.9% as shopper habits stabilise
Take home grocery sales fell by 1.9% over the 12 weeks to 31 October 2021- but are still higher than before the pandemic – up 7.3% compared with 2019, according to the latest figures from Kantar. Kantar said the results come as consumers’ shopping behaviour “is beginning to stabilise” and…
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5 NovemberFeatures
The journey so far: Disability provisions in the retail sector
Tesco, among other retailers, has recently implemented a ‘quiet hour’ scheme in a bid to improve its inclusivity. Measures such as the dimming of lights and reduction of noise are included in the retailer’s plan to make shopping a more ‘calming’ experience for minority groups. Although this is evidence of…
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5 NovemberSupermarkets
Tesco wins Terra Carta Seal award
Tesco has announced it has been recognised by HRH The Prince of Wales for “leading the retail industry in transitioning towards a net zero future” by winning the Terra Carta Seal award. The award, launched this year, is given to companies which are “driving innovation and taking action to create…
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Oct- 2021 -29 OctoberSupermarkets
Tesco launches 10 min ‘rapid delivery’
Tesco has launched a new pilot scheme with delivery company Gorillas to offer customers the chance to get products delivered in just 10 minutes. As part of the scheme, products will be available to purchase on the Gorillas app and immediately delivered to customers in selected areas. Furthermore, it will…
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25 OctoberHigh Street
Tesco launches new quiet hour
Tesco has announced the launch of its new scheme ‘quiet hour’ in a bid to make its stores a “calmer environment” for people with disabilities, the elderly, people with children and those experiencing mental health issues. The chain will lower the checkout noise in all of its larger stores, as…
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19 OctoberSupermarkets
Rising energy and fuel costs hits supermarket sales
Total Till grocery sales slowed to -0.7% in the last four weeks ending 9 October 2021, as UK shoppers begin to rebalance their spending habits amid growing concerns around rising energy and fuel costs, according to new data released by NielsenIQ. During the period, UK shoppers spent £11.8bn on groceries,…
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19 OctoberSupermarkets
Tesco opens first checkout-free store
Tesco has opened its first ever checkout-free store in London, as part of a trial that will see customers shop and pay without scanning a product or using a checkout. The rollout of its ‘GetGo’ concept to Tesco Express High Holborn follows a successful trial at Tesco’s colleague store in…
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19 OctoberLuxury Goods
Au Vodka reveals gold standard for success after being crowned Winner in Brightpearl’s Lightning 50
Key facts Lightning 50 Overall Winner, plus Regional Winner in Wales and Winner in the Luxury Sector 10,000% YoY growth £5 million expected revenue in 2021 “We’re thrilled to have won not one but three titles in the Lightning 50” – Jordan Major, Head of e-Commerce, Au Vodka Endorsed by…
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18 OctoberSupermarkets
Tesco commences £500m share buyback
Tesco has announced that it has entered into an arrangement with Citigroup Global Markets Limited to repurchase a total of £500m shares on behalf of the company. The supermarket chain claimed that the shares will be bought back in its entirety no later than October 2022. The grocer had previously…
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13 OctoberPeople Moves
Halfords appoints new CFO
Halfords has announced the appointment of Jo Hartley as its new executive director and chief financial officer (CFO). Hartley will join the business in mid-April 2022 and replace Loraine Woodhouse in the role, who is set to retire from her full-time role in the business. Woodhouse will however remain in…
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