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- 2025 -1 AprilNews-In-Brief
Today’s news in brief-1/4/25
Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance contributions and an increased minimum wage. According to Retail Economics, these changes will force businesses to absorb £1.76bn in profit losses while passing £1.72bn onto consumers through price hikes. Chancellor…
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1 AprilSupermarkets
Supermarket sales jump 1.8% amid increased promotions
Take-home supermarket sales increased by 1.8% over the four weeks to 23 March 2025 compared with one year ago – the slowest rate since June last year, according to the latest data from Kantar. It comes as retailers’ price cuts were responsible for £2.6bn of promotional spending, 8.8% more than…
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Mar- 2025 -31 MarchFeatures
Tesco’s free food trial: a game-changer in tackling food waste?
Tesco’s new initiative to give away close-to-expiry food for free is making waves in the UK’s retail and sustainability circles. With an increasing focus on food waste reduction, this trial could signal a significant shift in how supermarkets might handle surplus products. But could this move from the UK’s largest…
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18 MarchNews-In-Brief
Today’s news in brief-18/3/25
Forever 21 has filed for bankruptcy protection in the US for the second time, following a previous filing in 2019. The retailer, once a dominant force in fast fashion, has struggled to compete with foreign competitors and rising costs. While its US stores and website will continue trading during the…
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18 MarchSupermarkets
Tesco announces £180m investment in staff pay
Tesco has reached an agreement with trade union USDAW that will increase the hourly pay rate for staff in stores, from £12.02 to £12.45 from 30 March 2025, and again to £12.64 from the end of August. This two-stage rate increase represents an above-inflation increase of 5.2% builds on the…
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17 MarchHigh Street
Ex-Morrisons boss touted for B&M CEO role
Former Morrisons boss David Potts is reportedly among the leading candidates for the CEO role at B&M, according to The Sunday Times. Potts has reportedly been in talks with the bargain retailer for weeks about the position, which became vacant following Alex Russo’s departure last month. Sources familiar with the…
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17 MarchSupermarkets
Sainsbury’s CEO confident amid intensifying competition
Sainsbury’s CEO, Simon Roberts, has acknowledged the rising competition in the supermarket sector following Asda’s decision to cut prices but remains confident in his company’s ability to stay ahead, according to The Times. His remarks follow a 7.8% drop in Sainsbury’s shares, wiping out £487m in value after Asda’s pricing…
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14 MarchNews-In-Brief
Today’s news in brief-14/3/25
Shein, the fast-fashion giant, has confirmed its plans to go public, targeting a listing on the London Stock Exchange. Executive chairman Donald Tang emphasised the company’s commitment to transparency and accountability as it transitions to a public entity. However, no specific timeline or valuation was disclosed, with Tang stating the…
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14 MarchSupermarkets
Tesco to give away expiring food items to reach net zero targets
Tesco is to give away food for free to shoppers by introducing “yellow sticker” prices of £0 (at present limited to £90pc) for items about to go out of date, in a bid to cut waste and hit net zero targets, the Telegraph has reported. The trial is being tested…
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10 MarchSupermarkets
Asda eyes sale of car parking space to finance debt
Asda has reportedly launched a process to sell off almost 10 acres of car parking space as a way to reduce its debt, according to The Telegraph. Newsteer, which is advising Asda on the sales, has informed potential developers that Asda has identified surplus space at its stores in Slough,…
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