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4337 Search results for Tesco

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  • Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket

    May 27, 2026

    Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]

  • Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover

    May 27, 2026

    Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated [...]

  • Business doesn’t want a ‘partnership’ with the state

    May 22, 2026

    Threatening to cap supermarket prices shows this Labour government views business as a mark, not a partner, says Elliot Keck Former US President Ronald Reagan once said: “The nine most terrifying words in the English language are: ‘I’m from the government, and I’m here to help'”. The modern equivalent is surely “we want to build [...]

  • Huge change to Tesco meal deal as Corona and Heineken added

    May 20, 2026

    It needn’t be a can of Coke next time you pop to the supermarket for a cheap lunch – Corona and Heineken have been added as drinks included in the Tesco meal deal. Granted, they’re the zero-alcohol versions, but still, it feels like a hedonistic lunchtime treat. Independent London brewer Lucky Saint is the third [...]

  • M&S profit slumps in fallout from cyber attack

    May 20, 2026

    Marks & Spencer saw its profit slump by a quarter as the retailer took more than a £100m hit from its “traumatic” cyber attack last year. The FTSE 100 supermarket and clothing business saw pre-tax profit fall by 29 per cent to £365m in the year to March, despite sales growing by 25 per cent [...]

  • Tesco boss Ken Murphy took £1m pay rise in grocer’s bumper year

    May 15, 2026

    Ken Murphy, the boss of Tesco, took a more-than £1m pay rise this year, bringing his total pay packet to £10.8m in the year the grocer solidified its dominant position in the market. The chief executive of the supermarket giant’s total pay packet for the 2025/26 year included £1.5m in basic pay, a £3.4m bonus [...]

  • M&S eyes up Brits’ weekly shops as food arm set to expand

    May 15, 2026

    Marks & Spencer has not been shy over its ambition to conquer the British weekly shop, and the retail giant is nearing a crucial update on its foray into the UK’s fiercely competitive grocery market. M&S Food accounts for more than half (54 per cent) of the retailer’s revenues, and its recent warehouse expansions suggest [...]

  • Chicken roll boosts sales but Greggs warns of food inflation

    May 12, 2026

    Brits’ warm embrace of the new chicken sausage roll has helped boost turnover at Greggs, but the company warned it could be burnt by food inflation if the Iran war persists. Greggs’ share price jumped more than six per cent on Tuesday’s market open, to 1,618p, though the stock remained down three per cent in [...]

  • Who Gives a Crap: The toilet roll tycoon making a splash

    May 6, 2026

    Simon Griffiths founded Who Gives a Crap toilet paper with the philanthropic aim of ensuring everyone has access to a clean toilet. He has raised £11m so far, but Griffiths tells Felix Armstrong that’s not nearly enough “I was always an entrepreneurial kid at school,” Simon Griffiths says, as he explains the complex process of [...]

  • Supermarkets round on Aldi and Lidl over ‘rigged’ system

    May 6, 2026

    A host of leading British supermarkets have rounded on German discounters Aldi and Lidl over fears competition is being “distorted” by a “rigged” system.  Sainsbury’s, Morrisons and Iceland are ramping up pressure on the competition watchdog to crack down on Aldi and Lidl’s ability to block rivals from opening new stores on nearby land. The [...]

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