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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Oct- 2018 -29 OctoberSupermarkets
New Asda proposal could see up to 2,500 jobs slashed
A new proposal from ‘Big 4′ supermarket retailer Asda could see up to 2,500 jobs slashed, as the group is considering changing employees’ roles and working hours. The group said it needs to consider “changing the roles we need our colleagues to do” or the hours needed in particular parts…
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9 OctoberGovernment
Ex-Tesco directors back in court over fraud and profit overstatement
Three former directors of Tesco have been taken back to court for overstating profits and allegations of fraud in 2014. The Serious Fraud Office (SFO) are prosecuting former UK finance chief Carl Rogberg, former UK food commercial director John Scouler and former UK managing director Christopher Bush for one count…
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8 OctoberSupermarkets
Tesco to end ‘best before’ dates on fresh produce
Tesco has announced it is to end best before date labels on 116 items as it aims to cut down on post-farmgate waste. Earlier in the year, the supermarket removed the labels from nearly 70 fruit and vegetable products. The further items to see the stickers removed include its own…
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5 OctoberGovernment
MPs launch inquiry into top fashion retailers
Some 10 of the UK’s leading fashion retailers have been asked to submit evidence on the steps being taken to reduce social and environmental impact. The chair of the Environmental Audit Committee Mary Creagh MP has written to the chief executives of a number of retail chains. This includes Asda,…
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3 OctoberSupermarkets
Tesco reports a ‘good start to the year’ as HY sales increase 12.5%
Tesco has reported a 12.5% increase in group revenue the first six months of the year to 25 August, as it records its eleventh consecutive quarter of sales growth in the UK and Ireland. Group revenue at the ‘big four’ supermarket totalled £28.3bn as statutory group pre-tax profits increased by…
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Sep- 2018 -19 SeptemberAdvice
How retailers can harness Halloween to drive engagement
Each year Halloween generates a huge amount of hype among consumers, making it a pivotal holiday for retailers. Indeed, Halloween sales continue to grow, generating £310m in 2016, increasing to £320m in 2017, according to Mintel. But how can retailers continue to drive awareness and footfall during this competitive retail…
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19 SeptemberSupermarkets
Tesco launches new discount brand ‘Jack’s’
Tesco has officially launched its new discount brand ‘Jack’s’ inspired by and named after Tesco founder, Jack Cohen. The launch of Jack’s is part of Tesco’s centenary celebrations which will see the business mark 100 years of delivering “great value to British shoppers”. Over the next six months Tesco will…
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12 SeptemberComment
How can retailers utilise queuing psychology?
Retailers must do everything they can to ensure that for customers, their waiting time at the till is not perceived as a negative experience that mars their shopping trip. Harnessing effective queuing measures could be key to maximising customer retention. It’s well reported that competition among brick-and-mortar retailers is now…
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12 SeptemberHR
Morrisons faces £1bn equal pay case for female staff
Morrisons could be made to pay over £1bn in compensation to women store employees who believe they have been paid less than men in the distribution centres for equal work. Law firm Leigh Day is representing the employees and has lodged claims with the conciliation service ACAS while awaiting a…
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10 SeptemberSupermarkets
Asda axes price guarantee
Asda has announced it is to abandon its price guarantee, which saw shoppers refunded the difference if a competitor sold an item cheaper. The supermarket is the last of the big three to axe the plan, a month after Tesco and two years after Sainsbury’s, said the scheme was no…
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