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- 2019 -15 NovemberHigh Street
Co-op announces David McKnight as new director
The Co-operative has confirmed the appointment of David McKnight as new managing director of the Federal Retail and Trading Services. The FRTS acts as the buying group for independent Co-ops, and is owned by the Co-op group and independent retail Co-op societies. It serves over 4,000 outlets in the group.…
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7 NovemberComment
Sustainability Consumerism: How retailers are on the front line
We live in febrile times, and for once we are not talking about Brexit. Within the last year we have seen a global backlash against disposable plastics and mounting concern over climate change. Anxiety about deforestation, and especially the uncontrolled spread of industrial scale farming and ranching, also made the…
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Oct- 2019 -18 OctoberSupermarkets
Walmart offloads Asda pensions amid IPO plans
Asda owner Walmart has reportedly struck a deal to offload £3.8bn worth of pension liabilities as it eyes a potential IPO. According to Sky News, Walmart and Asda’s pension trustees have agreed a deal with specialist insurer of corporate retirement schemes Rothesay Life. The move will see the company take…
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17 OctoberPeople Moves
M&S CFO Humphrey Singer to depart on 31 December
Marks and Spencer has announced that Humphrey Singer will step down from his role as CFO on 31 December. The departure was announced last month after Jill McDonald, managing director of clothing, home and beauty, also departed from the company after less than 2 years. Singer began his retail career…
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15 OctoberEconomy
Grocery sales slow to lowest September growth in two years
Shopping momentum has fallen in September, with grocery sales slowing to +1.7% in the last four weeks. According to new data released by market research data company, Nielsen, this is the lowest growth for UK supermarkets in September in two years. Before the autumnal weather took hold in early October,…
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10 OctoberSupermarkets
UK grocers criticised over ‘harsh’ working conditions for tea and fruit farmers
Oxfam has alleged that “poor pay” and “harsh working conditions” are commonplace on farms and plantations in Brazil and India which supply tea or fruit to some of the UK’s biggest grocers, according to new research by the charity. The supermarkets named by Oxfam include Aldi, Sainsbury’s, Tesco and Morrisons.…
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9 OctoberPeople Moves
M&S names new food directors ahead of £750m Ocado Partnership
Four new directors have been appointed to strengthen the senior team at Marks & Spencer’s food business before its tie-up with Ocado. According to The Times, Tesco strategy director Pav Anand has been appointed as head of food strategy and Sainsbury’s head of technical, Lisa Raschia is now head of…
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2 OctoberPeople Moves
Tesco CEO Dave Lewis to step down next year
Tesco has announced its group CEO Dave Lewis is to step down from his role next year after five years at the supermarket giant. He will be replaced by Ken Murphy who has held a number of senior roles at Walgreens Boots Alliance, most recently as chief commercial officer. Lewis…
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Sep- 2019 -26 SeptemberSupermarkets
Tesco scraps its first-ever Jack’s store
Tesco has confirmed it is closing the first-ever discount Jack’s store, only around a year after it unveiled its new concept. The store in Rawtenstall, East Lancashire, was the first ever discount store that the ‘Big Four Grocer’ opened as it looked to rival the German discount supermarkets Aldi and…
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17 SeptemberSupermarkets
Asda FY sales and profits rise despite merger disappointment
Asda has reported an increase in both full-year sales and profits during the period it was the focus of an unsuccessful merger with rival Sainsbury’s. The accounts for Asda Group Limited, filed on Companies House, which includes the financial activities of all Asda stores, distribution centres and online operations show…
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