Let’s be honest, Tesco making big profits is a good thing April 18, 2024 Instead of criticising Tesco for having a bumper year, we should praise it for providing cheap food and jobs for millions, says Matthew Lesh There’s an unorthodox tourist sight that I always tick off on trips abroad. It’s not that I don’t check out the historic squares, the museums and galleries or even the nightlife. [...]
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. [...]
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
Tesco’s profit surges as lower prices draw in consumers April 10, 2024 Britain’s biggest supermarket, Tesco, has traded in line with raised expectations, posting a total operating profit of £2.8bn for the full year. This morning, chief Ken Murphy thanked a slew of price cut schemes for the lift, which saw profit exceed the board’s expectations by £50m last year. Group sales were up 7.4 per cent [...]
Morrisons: Debt-laden grocer records strongest sales growth in three years March 27, 2024 Supermarket Morrisons has reported its strongest like-for-like sales in over three years, helped by competitive pricing strategies.
Every Lidl helps: Tesco loses appeal in supermarket logo war March 19, 2024 Lidl went on to sue Tesco, which is Britain's biggest supermarket, as it used a blue square with a yellow circle with its name inside for its well-known logo.
Sainsbury’s to cut 1,500 jobs and invest in automation to reduce costs by £1bn February 29, 2024 Supermarket giant Sainsbury’s has said it plans to cut some 1,500 jobs as part of efforts to reduce costs by around £1bn per year.
Spending on discounts rises four per cent as Brits do Valentine’s Day on a budget February 27, 2024 Consumers’ spending on offers increased by four per cent in February, worth £586m more than the same month in 2023, as Brits continue to seek out discounts despite cooling inflation.
Logo wars: Tesco and Lidl at Court of Appeal in latest instalment of clubcard row February 21, 2024 The logo at the heart of this dispute is Tesco's "Clubcard Prices" promotion which uses a blue square with a yellow circle, with the words 'clubcard prices' inside.
Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich February 15, 2024 Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London. The supermarket, proposed to be located on the first and group floor of the building, would be [...]