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- 2018 -6 AprilHigh Street
Sainsbury’s ‘considered’ Mothercare acquisition
Sainsbury’s considered acquiring embattled retailer Mothercare but decided against making an offer, it has emerged. According to the Press Association the supermarket’s deals team had been monitoring the situation regarding the baby retailer over the past few months, with a view to make a potential acquisition. However Sainsbury’s decided against…
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4 AprilClothing & Shoes
Mothercare CEO shock resignation
Mark Newton-Jones abruptly resigned from the position of CEO of Mothercare this morning as the embattled retail chain seeks to stabilise. The firm announced the appointment of David Wood as CEO with immediate effect, but the news of Newton-Jones’ departure caused the group’s share price to fall 2.3% in morning…
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3 AprilEconomy
21,000 retail jobs lost or threatened so far this year
Over 21,000 jobs have been axed or put at risk in the first three months of the year as retailers struggle to break even. A Press Association analysis revealed that 21,413 staff members have already been made redundant or had their role threatened, with the majority being from large high-street…
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Mar- 2018 -27 MarchNews
Over 80% of national retailers snub new Instagram tech
A new selling feature on photo-sharing social media app, Instagram, has been ignored by more than 80% of retailers in its first week, according to Cybertill. Instagram rolled out a new ‘Shopping’ feature to business accounts in the United Kingdom, as well as Germany France, Italy Brazil, Canada, Spain and…
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8 MarchHigh Street
Co-op launches ‘pay in aisle’ mobile app technology
The Co-op has launched a new mobile app that allows customers to pay for their groceries in the aisle and avoid going to the till altogether. The ‘shop, scan and go’ initiative is being trialled at a Co-op’s store in the group’s support centre in Manchester, with a wider roll-out…
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6 MarchSupermarkets
Morrisons and Tesco fastest growing, Co-op returns to growth
The latest grocery market share figures from Kantar Worldpanel, published today for the 12 weeks to 25 February 2018, show that grocery sales have increased in value by 3.2% compared to the same time last year. This marks the 12th consecutive 12-week period in a row that total market sales…
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5 MarchGovernment
Serious Fraud Office seeks retrial of former Tesco employees
The Serious Fraud Office (SFO) has written to Southwark Crown Court seeking a retrial of former Tesco bosses Carl Rogberg, Christopher Bush and John Scouler, over an alleged £326m fraud scandal. The three former senior management figures in the Tesco UK business all face charges of abuse of position and…
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Feb- 2018 -28 FebruaryClothing & Shoes
Tesco, Asda and Next accused of using harmful factories
British retailers Next, Asda and Tesco are among the companies that continue to source some of their materials from dirty and dangerous factories, according to the Changing Markets Foundation. In the Dirty Fashion revisited report, published by the foundation that exposes irresponsible corporate practices, it says that two viscose factories…
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22 FebruaryGovernment
Tesco to reveal gender pay gap statistics
Supermarket giant Tesco is the first in the UK to reveal its gender pay gap statistics. A report made by the group showed its median gender pay gap was 8.7%, which is below the UK average median pay gap of 18.4%, according to the Office for National Statistics (ONS). According…
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19 FebruaryNews
Tesco boss sets his sights on online retailer N Brown
Former UK Tesco boss, Matt Davies, will be named as chairman of N Brown after leaving the supermarket giant. In a move that will make his one of the youngest chairmen of a FTSE-350 company, Davies will be announced as chairman early next week, according to Sky News. N Brown…
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