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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Feb- 2018 -15 FebruarySupermarkets
Tesco issues apology to customers after payment glitch
Supermarket giant Tesco has issued letters of apology to some customers after a payment glitch at around 300 of its Tesco Express convenience stores caused them to go into their overdraft. A Tesco spokesperson said as soon as the company identified the issue it contacted “as many customers as possible”…
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12 FebruarySupermarkets
Tesco budget store launch rumoured ‘to take on Aldi and Lidl’
Tesco is rumoured to be working on a secret plan to launch a new budget supermarket brand, reports suggest.According to The Sunday Times, it is the supermarket giant’s attempt to take on Aldi and Lidl, which were recently named as the UK fastest growing food stores. Figures from market researcher…
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12 FebruarySupermarkets
Aldi reclaims title of ‘nation’s favourite supermarket’ in satisfaction survey
Aldi has been rated the nation’s favourite in-store supermarket in Which?’s annual best and worst supermarket satisfaction survey. Customers were impressed with Aldi’s special offers, as well as the quality of its fresh and own-label products and the ease of finding items on its shelves, Which? said. It is the…
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7 FebruarySupermarkets
Law firm launches £4bn equal pay claim against Tesco
An equal pay claim has been made against supermarket giant Tesco over alleged gender pay disparity between store workers and depot workers’ pay. Lawyers argue that employees working in the predominantly male-dominated distribution centres are paid considerably more than the largely female staffed Tesco stores, who may earn in excess…
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6 FebruarySupermarkets
Lidl keeps place as UK’s fastest growing supermarket
Lidl has proven itself to be the UK’s fastest growing retailer, according to data from market researcher Kantar Worldpanel. The supermarket saw a market share increase of 0.5% its sales increased by 16.3% compared to this time last year. Aldi came in second, with the food store increasing sales by…
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5 FebruaryPeople Moves
Tesco appoints new UK CEO Charles Wilson
Tesco has appointed Booker Group boss Charles Wilson as the new CEO for its UK and Ireland retail and wholesale operations. Wilson will take over from current chief executive Matt Davies in April after the supermarket giants’ £3.7bn takeover of Booker. Tesco group chief executive Dave Lewis said: “I am…
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1 FebruaryHigh Street
Morrisons to cut 1,500 store manager positions
Morrisons has announced plans to cut more than 1,500 store manager positions across the UK as part of a restructuring. In a statement the supermarket said it will be discussing a proposed restructuring with store management teams and their representatives, in which there would be more customer service colleagues and…
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Jan- 2018 -31 JanuaryHigh Street
B&Q plans to cut 200 headquarters jobs
DIY retailer B&Q has announced it will cut over 200 roles at its Southampton headquarters. In a statement, the group said the it was due to a “cost-cutting drive and restructure”, and hopes that axing the jobs will “improve efficiency and simplify ways of working”. The company is the latest…
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26 JanuarySupermarkets
Tesco launches free staff food scheme to tackle food waste
Supermarket giant Tesco will be introducing a new scheme that lets colleagues take home food that’s approaching its expiry date. Food that cannot be sold is first offered to local charities and community food groups, but often charities do not need or cannot process everything that is offered to them,…
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23 JanuarySupermarkets
Sainsburys to cut thousands of jobs in management rejig
Thousands of shop floor jobs are thought to be at risk as a result of a managerial restructure planned at Sainsbury’s. While the company will not confirm the exact number of employees it will affect, store management jobs will be axed. Employees currently holding management roles will be given the…
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