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- 2019 -3 AprilSupermarkets
Aldi sees double digit sales growth in March
Budget supermarket Aldi saw sales increase by 10.6% for the 12 weeks to 24 March 2019, according to new figures from Kantar. The research, data and insight company said the results helped the grocer to achieve a new “record high” market share of 8%, and some 13 million households visited…
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Mar- 2019 -19 MarchAdvice
Hard times on the high street
The widespread impact of digital is a daily reality, but few cases have been so apparent to the everyday consumer than the disruption of retail. This trend has contributed to familiar retail names like Toys R Us, BHS and HMV falling into the hands of administrators, at risk of joining…
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Feb- 2019 -22 FebruarySupermarkets
Asda named ‘worst’ for in-store and online offerings
‘Big Four’ grocer Asda has been rated as the worst supermarket for both its in-store and online offerings, according to a survey of 12,000 Which? members. According to the consumer association, Asda was left “languishing at the bottom” of both its in-store and online rankings, with scores of 56% and…
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11 FebruaryHigh Street
18,722 retail jobs lost or at risk since Christmas day
Some 18,722 retail staff, 400 every single day, have either been made redundant or have had their jobs threatened since Christmas day, according to new data from real estate data service Altus. Oddbins, Patisserie Valerie, Greenwoods, Chapelle, tReds and HMV have all entered administration, with the music and film retailer…
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Jan- 2019 -31 JanuarySupermarkets
Asda loses equal pay claim battle
The Court of Appeal has upheld the ruling that Asda store staff can compare their roles with those in the supermarket giant’s distribution centres in legal claims over equal pay. The Walmart owned Asda appealed the two previous rulings they lost, both of which found that lower paid shop workers,…
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28 JanuaryHR
Tesco refuses to deny 15,000 job losses
Tesco has refused to deny reports that it is to cut 15,000 jobs as part of an overhaul of its store operations in a £1.5bn cost cutting plan. A spokesperson refused to deny the reports, telling Retail Sector it was “always looking at ways to run our business more simply…
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23 JanuarySupermarkets
Carl Rogberg becomes third ex-Tesco executive cleared of fraud
Former Tesco executive, Carl Rogberg, has been cleared of £250m fraud and false accounting charges, which sent the supermarket into financial crisis. Rogberg, the former finance director at Tesco, was cleared at Southwark Crown Court this morning (23 January) of the charges which wiped £15bn off of Tesco’s share price…
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17 JanuaryEconomy
Smartphone shopping to reach record usage in 2019
In 2019, and for the first time ever, consumers will be as likely to shop on their smartphones as they would a laptop or desktop, according to research by price comparison and switching service, uSwitch.com. Shoppers plan to spend £25bn using their smartphones this year, a £10bn rise on 2018.…
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15 JanuaryGovernment
The Entertainer stockpiling toys for no-deal Brexit
Toy retailer, The Entertainer has announced it is stockpiling an extra 100 containers of toys in order to prepare for a no-deal Brexit. The Entertainer’s managing director Gary Grant said the stockpiling meant that the toy retailer had sent double the usual amount of stock to the UK, to ensure…
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11 JanuarySupermarkets
Tesco and M&S stockpile tinned food in prep for Brexit
Tesco and Marks and Spencer have announced they are stockpiling long-life foods in preparation of a no-deal Brexit. The ‘big four’ grocer’s chief executive Dave Lewis revealed that “sensible” contingency planning was underway and the company had been holding talks with its suppliers about increasing stocks of long-life groceries. However…
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