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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Apr- 2021 -20 AprilSupermarkets
Tesco fined £7.5m for out of date stock
Tesco has been fined over £7.5m after pleading guilty to selling food that was past its use by date across three Birmingham sites. Brought upon by Birmingham City Council (BCC) under the food safety and hygiene regulations 2013, the prosecution followed inspections at the group’s Bournville, Rubery, and Birmingham city…
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19 AprilHigh Street
The ASC launches ‘ShopKind’ campaign to target shopworker abuse
The Association of Convenience Stores (ASC) has launched a new campaign urging the public to “ShopKind” as the reopening of more stores and shops across the country gets underway. The news follows reports of abuse and violence towards shopworkers growing to at least 400 incidents daily. The campaign is backed…
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15 AprilSupermarkets
Tesco adds independent non-executive directors to board
Tesco has announced that Thierry Garnier and Bertrand Bodson will join the board as independent non-executive directors with effect from 30 April and 1 June 2021, respectively. In addition, from those dates, Garnier will also join the remuneration committee whilst Bodson will join the corporate responsibility committee. Garnier has been…
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15 AprilSupermarkets
Asda in talks with bakery staff as store ditches ‘scratch’ baking
Asda is in redundancy talks with a number of staff after deciding to close nine of its bakeries as part of proposals to “transform” its in-store baked goods offering. Asda, which is Britain’s third-largest grocery chain, said that move comes after it noticed a “shift” in customer buying behaviours in recent…
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14 AprilSupermarkets
Tesco profits fall 20% despite rising sales
Tesco has reported that pre-tax profits plunged 19.7% to £825m in its latest full-year results, despite UK like-for-like sales increasing by 7.7% to £39.4bn in the period. It comes as the group said the pandemic had “far-reaching” impacts on its operations, as it incurred Covid-related costs of £892m, largely attributed…
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13 AprilAdvice
Eight ways retailers can use TikTok to create a marketing storm
TikTok has come into its own during the pandemic. The social platform has 100 million monthly active users across Europe, according to latest Kantar figures, and was the most downloaded app of 2020. That’s perhaps unsurprising given what we’ve all been living through – our need for light relief has…
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7 AprilAnalysis
Amazon’s here – so what’s the future for UK supermarkets?
Amazon has set its sights on the UK supermarket sector. From the Amazon Fresh initiative to its partnership with Morrisons, offering free, next day delivery to Prime customers, the arch disruptor is looking to turn the UK multiple market on its head. Free next day delivery for everyday, household essentials…
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6 AprilSupermarkets
Tesco adds 250 new food donation points
Tesco has announced plans to install more than 250 new food donation points at its Superstores and Tesco Extra stores throughout the country. According to the grocer, the food donations made by shoppers will be given to Trussell Trust food bank or FareShare – a charity network aimed at relieving…
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Mar- 2021 -30 MarchSupermarkets
Grocery sales growth slows in Q1 2021
Grocery sales reportedly rose 7.4% during the 12 weeks to 21 March 2021, representing a slowdown in growth as sales are annualised against 2020 spending. According to research conducted by Kantar, sales across the most recent four weeks marked a 3% year-on-year decline. The study found that although shopping had…
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30 MarchSupermarkets
Former M&S CIO joins Asda
Asda has confirmed that Marks and Spencer’s chief information officer (CIO) Carl Dawson will join its team, also as CIO. Dawson has spent the last six years at M&S delivering “technology modernisation and digital transformation programmes”. The appointment comes after former CIO Phil Tenney left the business in December to…
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