Dave Lewis news and analysis – Page 44
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NewsDave Lewis buys Tesco shares after critics question lack of investment
Earlier this week Sky News claimed Tesco has been in secret talks with the SFO about a deal to settle a criminal probe
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NewsMedia Bites 8 October: Tesco, SABMiller/AB InBev, Poundland
Tesco’s first half results and the SABMiller/AB InBev takeover saga and dominate the papers this morning.
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NewsCity snapshot: Tate & Lyle reaffirms guidance after “encouraging” six months
Tate & Lyle has reaffirmed its full year earnings guidance in a six month trading statement this morning
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Comment & OpinionDave Lewis uses IGD Debate to denounce predecessors’ “naked pursuit of profit”
This was supposed to be the moment the world delivered its verdict on Tesco boss Dave Lewis after his first tumultuous year at the helm
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NewsTesco results – what the analysts say
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
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NewsTesco’s first half profits halve as sales stabilise
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.
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NewsCity snapshot: Tesco volumes up as like-for-like sales decline slows
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.
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NewsTesco moves to simplify supplier payment terms
The changes, effective from the end of June 2016, were announced this afternoon by CEO Dave Lewis at the IGD conference
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NewsTesco trials new Price Promise amid scrapping rumours
Tesco told The Grocer today it was conducting trials at stores in Northern Ireland of a revamped version of Price Promise
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NewsTesco expected to reveal more profit downgrades
Profits at Tesco are predicted to have slumped by more than £500m in the first half, more profit downgrades expected by analysts.
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NewsMedia Bites 5 October: Tesco, AB InBev, Morrisons, Sainsbury's
A busy weekend for retail as the papers focus on the much-anticipated first-half results for Tesco, with Morrisons and Sainsbury’s also getting a look in, as well as the awaited takeover bid from AB InBev for SABMiller.
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NewsTesco axes 'scale for good' to focus on 'little helps'
Tesco boss Dave Lewis has axed one of the three key CSR pledges launched by his predecessor Philip Clarke
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Analysis & FeaturesShopper psychology: influencing the subconscious of the savvy
What are the latest mind games grocers should be investing in to boost sales on the shop floor?
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NewsTesco culls Carlsberg lines as part of Project Reset
Tesco will only stock four-packs in 200 stores from now on
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NewsTesco to scrap ‘unjustified’ 24-hour opening at large stores
This is the latest move by CEO Dave Lewis as he seeks to shore up the supermarket giant’s finances
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InterviewsJason Tarry: 'Work to do but Tesco reset is on track'
Softly, softly: how chief product officer Jason Tarry is resetting Tesco
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NewsMedia Bites 14 Sep: Tesco, Morrisons, John Lewis
Tesco bosses’ lack of shareholding is “raising eyebrows”, according to weekend reports.
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Grocer 33Darren Swain, Tesco Beckenham: G33 store of the week
”When I started more than 30 years ago it was drilled into us that everything Tesco did was about the customer”
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Analysis & FeaturesMorrisons results and M Local sale: what the analysts say
Industry commentators are passing verdict on the latest Morrisons results, as well as the sale of their M Local business
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Comment & OpinionCrunch time for Tacon as she bares her teeth at suppliers
Can the Groceries Code Adjudicator compel suppliers to give evidence against Tesco?