Turkey prices cut by Tesco ahead of Christmas December 19, 2022 While Brits decide what their favourite cut of Turkey is, Tesco has cut its prices for fresh bird to ease cost of living pressures. The supermarket has launched its Christmas initiative for loyal customers, giving club card holders prices of £4 per kilo, down from £5/kg. Turkey crowns will also be down to £8.50 per [...]
Tesco on the hunt to replace outgoing chairman John Allan December 10, 2022 Tesco is reportedly looking replace outgoing chairman John Allan, who is set to step down in 2024. Sources told Sky News’ Mark Kleinman that external headhunters had been appointed to help with the recruitment process. Byron Grote – former BP finance boss and non-executive director of the supermarket chain – will lead the search internally. [...]
Supermarkets ‘implored’ to lower forecourt fuel prices after steady wholesale drop November 28, 2022 Motoring group the RAC has urged supermarkets for not lowering prices in forecourts despite wholesale fuel going down in price. The car-owners’ organisation appealed to the big four – Tesco, Sainsbury’s, Morrisons and Asda to make consumers’ lives easier amid the cost of living crisis. In new figures released, the RAC showed wholesale fuel prices [...]
Tesco invests further £14m into egg industry as avian flu sparks rationing November 26, 2022 Tesco is leading the charge in supporting egg suppliers, as British supermarkets begin rationing egg sales amid an outbreak of avian flu. Egg farmers in the UK have been wrestling with an outbreak of avian flu, on top of soaring inflation which has ramped up the price of feed and energy. Tesco has set aside [...]
Egg supply crisis: Tesco introduces buying limits as JD Wetherspoon changes menu November 22, 2022 Tesco is the latest chain to introduce limits on egg purchases owing to shortages and high costs. The supermarket told City AM it is introducing a limit of three boxes per customer to prevent shelves going empty. This comes after the British Egg Council warned the public that a the industry has been dealing with [...]
Egg-istential crisis: Shops ration staple as inflation, supply woes drive up price November 11, 2022 Supermarkets are rationing sales of eggs as problems with supply chains are leaving soaring prices and empty shelves. The staple food is experiencing a rise in price due to inflation and a shortage, owing in part to recent orders to house all poultry in doors due to a huge surge in avian flue. Steven Dresser, [...]
Tesco nudges 2m shoppers to spend £13m of expiring vouchers before Christmas rush November 9, 2022 Tesco has reminded 2m of its customers to spend up-to £13m in unclaimed vouchers before they expire in a bid to battle the cost of living crisis this Christmas. The retail giant’s friendly nudge to almost 2 million people comes as the cost of living continues to bite, and many look to save money ahead [...]
Shoppers continue turning to own label groceries as yearly food bill to leap by £682 November 8, 2022 Sales of own-brand groceries shot up last month while fewer consumers forked out for a Halloween pumpkin this year, as households seek to trim down costs. Shoppers are increasingly switching to cheaper alternatives of food essentials, as historically high levels of inflation amp up the pressure on Brits this winter, according to data from insights [...]
Tesco wins appeal against Lidl over logo trademark November 3, 2022 Tesco has won a court of appeal scrap with rivals Lidl, allowing it to argue the latter applied for a trademark claim “in bad faith”. In a judgment this week, Britain’s biggest supermarket has been “permitted to continue to argue at trial that a wordless version of Lidl’s logo was periodically filed and refiled by [...]
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 [...]