Dave Lewis news and analysis – Page 38
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NewsMedia Bites 24 June: Tesco, BHS, M&S
Tesco quarter one results dominate the business pages this morning, with the supermarket attributing its second straight quarter of sales growth in part to its fresh farm food range.
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Analysis & FeaturesDave Lewis vindicated on Farms brands as Tesco sales rise
The seven new brands, featuring 70 own-label products, attracted fierce criticism from some quarters when they were launched
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Comment & OpinionDave Lewis has harvested a serious achievement with Farms brands
Forget Fake Farms. The launch of the 70 new own-label products was always much more of a vital commercial issue
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Analysis & FeaturesTesco's like-for-likes rise: what the analysts are saying
Broad consensus over solid results for UK’s biggest retailer
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NewsTesco first quarter like-for-like sales up 0.9% as it sells Harris + Hoole
Tesco has reported group like-for-like sales grew by 0.9% in the 13 weeks to 28 May, including its second quarter of like-for-like UK growth for the first time in more than five years.
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Comment & OpinionNFU pledge is an easy win for retailers – so why aren’t they signing up?
Slow progress, considering the pledge was launched in 2012. Is something wrong with it?
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NewsTesco sells Dobbies for £217m in cash
Sale comes a week after the supermarket agreed to offload the Giraffe restaurant chain to Ranjit Boparan
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Comment & OpinionDave Lewis on Tesco's call to arms on food waste
There is no time to waste on food waste, says the Tesco CEO
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NewsTesco to offload Giraffe to Ranjit Boparan
Tesco has agreed to sell Giraffe to 2 Sisters owner Ranjit Boparan as the supermarket continues its strategy of disposing of non-core assets.
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NewsCity snapshot: Iceland slows decline of like-for-like sales
aroIceland has slowed the rate of decline in its like-for-like sales thanks to new initiatives introduced throughout the year. Plus Tesco agrees the sale of Giraffe; and Sainsbury’s CFO John Rogers to take charge of Argos.
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Comment & OpinionTesco wine range: what ditching Simply and Vineyards tells us
Bargain basement supermarket wine brands simply don’t wash with many consumers anymore
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NewsFood waste: First global standard launched
Major fmcg firms including Nestlé and Tesco have also given their backing to the new mechanism
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NewsSainsbury’s CEO Mike Coupe bags bumper bonus
Sainsbury’s boss Mike Coupe’s pay packet has increased 65% to £2.8m in his first full year as CEO thanks to an annual bonus of almost £800k despite profits at the supermarket slumping 14% last year.
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NewsSainsbury's shares suffer on news of 1.2% sales decline
The supermarket’s 1.2% sales decline over the 12 weeks to 22 May caused its shares to plunge by 4.3% to 256.9p
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Comment & OpinionTesco Farms range is a key component of a credible fightback
Some Tesco-phobes protested this was some form of sharp practice
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NewsMedia Bites 23 May: M&S, Tesco, ABInBev
Marks & Spencer’s new boss Steve Rowe is set to reveal on Wednesday his plans to breathe life into the company’s struggling clothing division on Wednesday.
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Grocer 33Tesco Coatbridge, Glasgow: Store of the Week
Our mystery shopper described your staff as “lovely, friendly and helpful”
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NewsCity snapshot: Strong fourth quarter drives Premier Foods to full-year sales growth
Premier Foods has recorded full-year sales growth of 0.6% after a better than expected sales boost of 1.4% in the fourth quarter.
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NewsMedia Bites 16 May: Premier Foods, Asda, Tesco, BHS
Premier Foods was in the spotlight again this weekend ahead of its full-year results on Tuesday; Asda boss Andy Clarke under more pressure ahead of Q1 results; and Tesco boss Dave Lewis says there is more rebuilding to do.