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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Jun- 2018 -15 JuneSupermarkets
Tesco’s sales rise with Booker’s acquisition
Tesco has increased its sales for the 10th quarter in the three-months to 26 May, meaning its acquisition of wholesaler Booker was a successful move. Tesco reported its group sales increased by 1.8%, with UK and Ireland sales increasing 3.5%. Similarly, Booker, which Tesco bought for £3.7bn last year, had…
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12 JuneOnline & Digital
87% of UK’s top retailers risk revenue losses through poor mobile site performance
Almost nine in 10 (87%) of the UK’s top retailers are risking a significant drop in online visibility by neglecting their mobile site performance, according to new research. The report, carried out by e-commerce and digital agency Visualsoft, found that ‘worryingly low’ numbers of retailers have taken strides to improve…
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8 JuneEconomy
Tesco CEO blames business rates for decline of the high street
Dave Lewis the CEO of Tesco has said that business rates have played a “large part” in the decline of many high street retailers. Lewis questioned whether the rise of business rates created an “uneven playing field” for some retailers. Last year’s restructure of business rates saw rises for some…
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7 JunePeople Moves
Sainsbury’s promotes Clodagh Moriarty to new digital role
Sainsbury’s has promoted Clodagh Moriarty to its operating board as group chief digital officer with immediate effect. Moriarty will create and lead the supermarkets giant’s digital strategy and will be tasked with ensuring customers experience an integrated and seamless digital experience across Sainsbury’s, Argos, Sainsbury’s Bank and Nectar. Moriarty has…
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4 JuneSupermarkets
Tesco, Nisa and Aldi products recalled after ‘metal wire’ found
Own-brand products made for Tesco, Nisa and Aldi by the Addo Food Group are to be recalled after “small pieces of metal wire” were found. The Food Standards Agency (FSA) found potentially contaminated products include sausage rolls, pasties, pastry pies and slices. The recalled items all have expiry dates between…
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May- 2018 -30 MaySupermarkets
Grocery market buoyed by hot weather and the royal wedding
The latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 20 May found the hot weather combined with events such as the royal wedding sparked strong market growth – up 2.7% on last year. Most notably grocery sales totalled £415m on Friday 18 May in the…
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24 MaySupermarkets
Tesco to remove ‘best before’ dates to cut down on food waste
Supermarket giant Tesco is to remove ‘best before’ consumption guidance dates from around 70 fruit and vegetable lines to help reduce food waste. The move is being made to help prevent “perfectly edible” food from being thrown away. It follows research in the causes of food waste by the National…
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23 MayOnline & Digital
500 Tesco jobs face the axe amid online ‘refocusing’
Tesco has announced plans to close its Tesco Direct website putting 500 jobs at risk. Tesco Direct’s headquarters and Milton Keynes distribution centre are to close on 9 July after the supermarket giant said the site was a “small, loss-making part of the business” that had “no route to profitability”.…
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22 MayPeople Moves
Tony Hoggett appointed Tesco COO
Former Tesco Asia boss Tony Hoggett has been appointed to the newly created position of chief operations officer (COO) of Tesco UK. Alison Horner, former chief people officer, will take over as CEO for Asia. According to the group Horner has a long history of operational experience and leadership within…
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21 MayPeople Moves
Mothercare CEO takes £132k pay cut and rejoins
Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated only a month after his resignation. David Wood, the former Tesco executive who had replaced Newton-Jones will now become Mothercare’s group managing director. A spokesperson for Mothercare told Retail Sector:…
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