Tesco: ‘Encouraging signs inflation is starting to ease’ as quarterly revenue tops £14.8bn June 16, 2023 Britain’s biggest supermarket Tesco has reported a nine per cent increase in UK sales, with its new chief executive saying there are “encouraging early signs that inflation is starting to ease”. Tesco said it reported £13bn in sales across the UK and Republic of Ireland, up almost nine per cent on the previous quarter. In [...]
Supermarket wars: Lidl and Aldi play catch up with Tesco in slashing price of milk April 14, 2023 Aldi and Lidl have followed rival supermarkets Sainsbury’s and Tesco in slashing the price of milk. The budget retailers announced on Friday that they are cutting the price of their four-pint own brand bottles by 10p from £1.65 to £1.55. The change follows a similar announcement by supermarket Sainsbury’s on Thursday, with Tesco being the [...]
Tesco’s management shake up places 2,100 jobs at risk January 31, 2023 Tesco is looking to reduce the number of managers in its large shops and close hot deli counters, placing up to 2,100 jobs at risk, the UK’s largest supermarket chain announced today. Tesco, which operates over 2,000 shops, will close its remaining hot deli counters in stores from February 26, having previously removed the majority [...]
Tesco boss John Allan quits: Britain’s biggest supermarket concerned behaviour claims are ‘distraction’ May 19, 2023 John Allan, the chair of Tesco, will quit his role fearing accusations about his behaviour are becoming a “distraction”. The former president of the Confederation of British Industry (CBI), which has been embroiled in serious accusations of sexual misconduct including rape, will step aside from Britain’s biggest supermarket. In a trading update late on Friday [...]
After Lidl v Tesco: Business branding may seem like a snoozefest, but get it wrong and it may cost you April 20, 2024 After a legal battle of Lidl v Tesco, trademark disputes has been at the forefront of people's minds as the thought of expensive litigation highlights just how important branding is for a business
Tesco launches clubcard data app – and reveals the nation’s favourite meal deal January 17, 2023 Retail giant Tesco has confirmed the nation’s most popular meal deal as it expands its Clubcard service with its own year-in-review tool, following a wealth of outlets and online platforms in presenting users with their personal data for viral appeal. Named Clubcard Unpacked, it will show users a raft of data gathered by the retailer [...]
Tesco: Shoppers ‘watching every penny to make ends meet’ October 5, 2022 Tesco has warned of “tough times” as Brits are “watching every penny to make ends meet” this winter. The grocery giant reported a slimmer profit for the first half, after customer behaviour has normalised after lockdown and the supermarket has invested in keeping its prices competitive for shoppers. The country’s largest supermarket posted a £413m [...]
Drop the yellow circle? Tesco commences its £7m (plus fees) Clubcard rebrand after losing battle with Lidl April 17, 2024 Tesco has begun a £7m rebrand of its Clubcard Prices logo after losing a trademark battle against rival supermarket giant Lidl last month. Britain’s biggest supermarket, Tesco, was sued by German supermarket Lidi over its Clubcard Prices’ promotion which used a blue square with a yellow circle with the words ‘Clubcard Prices’ inside the box. [...]
Tesco: Outgoing chair John Allan to offload stake in mentoring firm days after quitting the supermarket May 22, 2023 Tesco chairman John Allan will reportedly sell his 20 per cent stake in a blue chip mentoring company days after he announced his departure from Britain’s biggest supermarket. The outgoing boss’ latest moves comes after he announced he’d leave Tesco amid claims that he behaved inappropriately towards women, though Tesco said it found no evidence [...]
Tesco raises price of meal deal due to soaring cost of food October 21, 2022 Tesco has raised the price of its well-liked lunchtime meal deal for the first time in a decade as the cost of food soars. The supermarket giant said its meal deal “continues to represent excellent value” but soaring food prices has forced it to up the cost. Inflation is currently at 10.1 per cent while [...]