dave lewis

Tesco results – what the analysts say Subscription

07 Oct 2015

Tesco today announced a sharp drop in first-half profits but also revealed a recovery in volumes. Here is what leading City and retail analysts had to say about the results

Tesco Slough

Tesco’s first half profits halve as sales stabilise Subscription

07 Oct 2015 | By Alec Mattinson

Tesco’s first half reported opperating profits fell by more than half from £779m to £354m, but CEO Dave Lewis has hailed the “sustained improvement” in its trading performance.

tesco hq

City snapshot: Tesco volumes up as like-for-like sales decline slows Subscription

07 Oct 2015 | By Edward Devlin

Tesco has reported that volumes and transactions have grown during its first-half helping to slow the decline of like-for-like sales in the UK but its profits have halved. Alsp, AB InBev has tabled a £68.2bn improved offer for SABMiller; Diageo and Heineken have agreed disposals worth £515m in Jamaica, Malaysia, Singapore and Ghana; and Conviviality has completed its £200m reverse takeover of Matthew Clark.

tescoe xtra glasgow

Tesco moves to simplify supplier payment terms Subscription

06 Oct 2015 | By Adam Leyland

The changes, effective from the end of June 2016, were announced this afternoon by CEO Dave Lewis at the IGD conference

Tesco Price Promise ticket

Tesco trials new Price Promise amid scrapping rumours

05 Oct 2015 | By Ian Quinn

Tesco told The Grocer today it was conducting trials at stores in Northern Ireland of a revamped version of Price Promise

dave lewis

Tesco axes 'scale for good' to focus on 'little helps' Subscription

02 Oct 2015 | By Ian Quinn

Tesco boss Dave Lewis has axed one of the three key CSR pledges launched by his predecessor Philip Clarke

tesco meat one use

Tesco under fire for reducing amount of British lamb on sale Subscription

01 Oct 2015 | By Kevin White

Tesco has faced criticism from the NFU after AHDB Beef & Lamb revealed the proportion of British lamb on its shelves fell…

Tesco charity aid

Tesco to use bag charge to fund nature, parks and sports Subscription

30 Sep 2015 | By Ian Quinn

The retailer is expecting a £30m a year windfall from the plastic bag charge

Tesco Sustainable Dairy Group

Tesco wants to add 150 more farmers to Sustainable Dairy Group

29 Sep 2015 | By Kevin White

The 600-strong TSDG is currently the subject of a major review


Tesco culls Carlsberg lines as part of Project Reset Subscription

28 Sep 2015 | By Ian Quinn

Tesco will only stock four-packs in 200 stores from now on

Tesco extra

Tesco to scrap ‘unjustified’ 24-hour opening at large stores

23 Sep 2015 | By Ian Quinn

This is the latest move by CEO Dave Lewis as he seeks to shore up the supermarket giant’s finances

sainsbury's large store

Sainsbury's grows sales again as Tesco market share continues to fall Video

22 Sep 2015 | By Ben Adams

The German discounters, Aldi and Lidl, reported sales growth of 17.3% and 16% over the period

Jason Tarry

Jason Tarry: 'Work to do but Tesco reset is on track' Subscription

18 Sep 2015 | By Adam Leyland

Softly, softly: how chief product officer Jason Tarry is resetting Tesco

Christine Tacon

SFO investigation 'is silencing Tesco talk' to GCA Tacon Subscription

18 Sep 2015 | By Ian Quinn

Suppliers fear being dragged into the ongoing Serious Fraud Office investigation, a top negotiation expert claimed

combine harvester crops

Tesco and AF launch Producer Club for suppliers

17 Sep 2015

Tesco has teamed up with agricultural purchasing group Anglia Farmers to launch a new ‘Producer Club’ for suppliers…

Kerry Lamb Tesco NZ label

Tesco defends Scottish lamb display

15 Sep 2015 | By Carina Perkins

Tesco has hit back at criticism over the display of New Zealand lamb on shelves underneath a Scottish banner

Tesco South Korea Homeplus

Tesco sells Homeplus to investors for £4.2bn Subscription

07 Sep 2015 | By Ian Quinn

The sale marks another step in the scaling down of the global empire built by Sir Terry Leahy and Philip Clarke

Tesco South Korea Homeplus

City snapshot: Tesco agrees to sell Homeplus Subscription

07 Sep 2015 | By Alec Mattinson

Tesco has agreed to sell its South Korean retail arm Homeplus to a consortium led by MBK Partners for £4.24bn, plus Associated British Foods warns over sugar and currency impact and all the rest of the news from the City.

Tesco layout

Tesco layout rethink reflects menu planning at home Subscription

04 Sep 2015 | By Ian Quinn

Tesco is trialling new layouts in 50 stores as part of chief executive Dave Lewis’ Project Reset

Richard Marris Tesco Samworth

Tesco fresh foods chief Richard Marris joins Samworth Bros Subscription

04 Sep 2015 Updated: 04 Sep 2015 | By Simon Gwynn

Ginsters and Soreen owner Samworth Brothers has appointed former senior Tesco executive Richard Marris to the newly created role of brands director.

Tesco South Korea Homeplus

Media Bites 3 Sep: MBK Partners to buy Tesco's South Korean arm Subscription

03 Sep 2015 | By Alec Mattinson

Tesco has named a consortium led by South Korean buyout group MBK Partners as the preferred bidder for its business in the country, according to reports.

Dairy cows

Tesco pays more for milk going into its own-label cheese Subscription

02 Sep 2015 | By Kevin White

The retailer will pay suppliers 29.93 pence per litre until 28 February 2016

Tesco branflakes recall

Sainsbury's and Tesco recall own-label bran flakes

02 Sep 2015 | By Vince Bamford

Tesco and Sainsbury’s have recalled own-label bran flakes over fears they may contain pieces of plastic.

Philip Clarke Tesco

Ex-Tesco boss Clarke to be interviewed under caution by SFO

28 Aug 2015 | By Vince Bamford

The SFO launched its investigation into the £263m black hole in Tesco’s finances in October

Boots lorry

Tesco and Morrisons join new logistics initiative Subscription

28 Aug 2015 | By Ronan Hegarty

Tesco, Morrisons and Boots have joined forces to smooth out inefficiencies in inbound logistics

Adam Leyland - Editor

Does Tesco's Carlsberg delisting square with Project Reset? Subscription

02 Oct 2015 | By Adam Leyland

Tesco’s delisting of Carlsberg boils down to the theory of probability

Adam Leyland - Editor

Why most availability measures used in the industry are dishonest Subscription

18 Sep 2015 | By Adam Leyland

Availability is probably the most important and definitely the most undervalued facet of grocery retailing

darren swain tesco beckenham manager

Attentive staff help Tesco shine Subscription

11 Sep 2015 | By Lauren Morgan

Tesco Beckenham scored fantastically this week, featuring a “spacious and logical” store

darren swain tesco beckenham manager

Darren Swain, Tesco Beckenham: G33 store of the week Subscription

11 Sep 2015

”When I started more than 30 years ago it was drilled into us that everything Tesco did was about the customer”

Christine Tacon, Adjudicator

Crunch time for Tacon as she bares her teeth at suppliers Subscription

09 Sep 2015 | By Ian Quinn

Can the Groceries Code Adjudicator compel suppliers to give evidence against Tesco?

tescoe xtra glasgow

Tesco yet to sharpen its Grocer 33 pricing pencil Subscription

04 Sep 2015 | By Adam Leyland

It’s back to school week, and normally that signals the start of a fresh price war

tesco reset

Tesco Project Reset: big bang or softly softly for next phase? Subscription

28 Aug 2015 | By Ian Quinn

Sources suggest the chain is wary of alienating shoppers through implementing the SKU cull too quickly

tesco finest carrot cake

Tesco Finest Free From Carrot Cake: acid test Subscription

07 Aug 2015 | By Vince Bamford

Part of Tesco’s premium Finest range, this wheat and gluten-free cake is made with rice flour, potato flour and…

ribena ad

Ribena-gate reveals consumer dislike of 'choice editing' Subscription

31 Jul 2015 | By Ian Quinn

Tesco’s pioneering move was portrayed as a witch-hunt against childhood favourites

Tesco self service checkout

Tesco to rid supermarket checkouts of that phrase Video Subscription

30 Jul 2015 | By Ian Quinn

Tesco has been nothing if not prolific when it comes to reinventing great British traditions of late – and, no, we’re not talking about Ribena…

Tesco Fuel Save scheme

Scrapping Fuel Save points to bigger endgame for Tesco's Lewis Subscription

03 Jul 2015 | By Ian Quinn

Tesco’s Dave Lewis knows in-store traffic will fuel a return to growth

supplier of the year, glass of milk

Milk prices for one and two pints cut by Sainsbury's and Tesco Subscription

03 Jul 2015 | By Julia Glotz

Aggressive price competition on four-pint bottles of milk has been a staple of the supermarket milk price war for years…

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