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- 2019 -10 JanuarySupermarkets
Tesco reports strong sales over Christmas period
Tesco has beaten City forecasts with a 2.6% increase in like-for-like sales over the six week period ending 5 January. Tesco attributed the growth to its ‘Festive 5’ vegetable offer which proved popular with customers, selling 19.7 million units over the three weeks to Christmas. It also experienced like-for-like sales…
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4 JanuaryHigh Street
McColl’s appoints Robbie Bell as CFO
Convenience retailer McColl’s has appointed Robbie Bell to its board as chief financial officer. Bell is moving on from his current position as CFO of Welcome Break Limited following its takeover by Applegreen plc, will take up his appointment on 17 January 2019. In 2017, Bell was appointed CFO of…
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Dec- 2018 -10 DecemberComment
How supermarkets are tackling the waste problem
Waste is evidentially a huge problem in the UK, which hasn’t gone unnoticed by Theresa May who pledged to eliminate plastic by 2042. Iceland is one supermarket that is already preparing to make the appropriate changes to get rid of plastic from their branded products — with an aim of…
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7 DecemberGovernment
Retailers could lose out on £496m refund as ATM ruling is appealed
In November, the Court of Appeal ruled that ATMs inside and outside of stores should not be assessed for business rates
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6 DecemberSupermarkets
Tesco executives acquitted in £250m fraud trial
Chris Bush, former UK managing director, and John Scouler, former UK food commercial director of Tesco have been acquitted of £250m fraud and false accounting charges after a judge ruled there was a lack of evidence. In August 2014, Tesco reported half-year profits of £1.1bn, however weeks later its said…
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4 DecemberSupermarkets
Morrisons and Tesco speak out against Sainsbury’s-Asda merger
Morrisons and Tesco have become the latest grocers to speak out over the proposed Sainsbury’s-Asda merger with Tesco telling a Competition and Markets Authority (CMA) hearing “extensive remedies” are needed. Britain’s current largest grocer told the competition watchdog that the “four-to-three” deal – referring to the ‘Big Four’ becoming…
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Nov- 2018 -30 NovemberSupermarkets
Tesco and VW partner to provide largest retail electric vehicle charging network
Tesco and Volkswagen have announced the development of the largest UK retail Electric Vehicle charging network, powered by Pod Point. The UK’s leading fuel retailer and the world’s largest vehicle manufacturer have partnered to roll out over 2,400 EV charging bays across 600 Tesco stores within the next three years.…
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19 NovemberComment
Digital taxation, and what it means for small retailers
The chancellor’s Budget announcements will have certainly set a few pulses racing in the independent retail sector, for several reasons. Among the measures likely to have piqued the interests of British retailers were a property rates reduction for small businesses, a £675m ‘future high street’ investment plan, and a proposal…
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14 NovemberHR
Law firm launches equal pay claims against Morrisons
A law firm has launched its first batch of equal pay claims in an employment tribunal with Morrisons, on behalf of female workers based in the supermarket chain’s distribution centres. Leigh Day is representing a group of women who believe they have been paid less than their male counterparts at…
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8 NovemberSupermarkets
Britain’s first ‘plastic-free’ supermarket begins transition
Britain’s first “plastic-free” supermarket in London’s Belsize Park has began its transition, changing more than 1,700 products over to non-plastic packaging. Thornton Budgens has promised to be “virtually plastic-free” within three years, in a “public experiment” supported by local celebrities Jim Broadbent and Janet Suzman. The move follows a Dutch…
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