Dave Lewis news and analysis – Page 9
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Analysis & FeaturesFood price inflation: where have all the supermarket offers gone?
Supermarkets cut promotions heavily to stop panic buying but with availability back to normal they’re still down 17% on average. So why aren’t they back?
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NewsTesco boss Dave Lewis confirms plans to ramp up Aldi price war
Lewis also sought to reassure brands the move would not negatively impact innovation
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NewsCity snapshot: Online sales surge boosts Tesco’s first quarter
Tesco has reported first-quarter UK like for like sales growth of 8.7%, including a forecast £2bn rise in online sales which have nearly doubled since the COVID crisis began.
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Comment & OpinionWho will win and lose as a result of Tesco’s new price war?
There is no shielding the supply chain from the economic impact of the crisis
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NewsCity snapshot: Tesco faces shareholder revolt over pay
Tesco is likely to face shareholder revolt at its AGM of Friday over CEO Dave Lewis’ £6.4m pay package
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NewsCity snapshot: Tesco sells Polish business for £181m
Tesco has agreed to sell 301 Pilosh stores to Danish company Salling Group A/S for an enterprise value of £181m
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NewsMedia Bites 15 June: Retail reopening, UK economy, US trade deal
High Street chains were braced this morning for the reopening of stores as they tempt shoppers back, with the City watching for signs that consumers are not afraid to head out.
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Analysis & FeaturesThe Power List 2020: online shopping
Demand for online grocery shopping has soared under lockdown. Our power list looks at who’s managed growth best, and the challenges they now face, from retention to profitability
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NewsCity snapshot: Investigation into Tesco accounting scandal ends
The Financial Reporting Council has announced the closure of its investigation into Tesco’s accountancy scandal, putting an end to a six-year-long investigation
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NewsMedia Bites 3 June: Shop prices, Tesco, Government loans
Shop prices fell last month at their fastest rate in 14 years as retailers made cuts to shift stock and grocers were forced to compete with home-grown produce.
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NewsTesco CFO Alan Stewart to step down
Tesco has announced that its chief financial officer Alan Stewart will retire and leave the company next year.
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Analysis & FeaturesHow coronavirus will herald a new era of automation in grocery
In theory, the pandemic should be pushing the industry towards greater automation. Yet in the short term, grocery has gone the opposite way. Why?
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NewsMedia Bites 14 May: Tesco, Trade Credit, Alternative Meat
Tesco executives were able to enjoy a pay boost after online supermarket Ocado was removed from a group used to calculate comparative returns.
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NewsIceland restores delivery availability to near pre-coronavirus levels
It comes as rivals’ online services continue to struggle under the weight of demand during the Covid-19 emergency
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NewsMedia Bites 4 May: Business confidence, Government aid, McDonald’s
Business leaders have suffered a record drop in confidence during the pandemic and fear the economic recovery will be slow.
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Comment & OpinionWho’s winning amidst outrageous swings and unfortunate arrows of grocery’s good fortune?
In the early weeks of the coronavirus crisis the direction of travel was only one way. It’s getting trickier now
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NewsMedia Bites 28 April: Tesco, Treasury/loans, Imperial Brands
Tesco starts laying off temporary staff, Sunak unveils new loans for small businesses and Imperial brands sells cigar unit
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NewsIceland increasing online capacity 250% with Food Warehouse rollout
Some Food Warehouse branches have the seen their online operations grow by as much as 500% in days
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NewsBritish Premium Sausage Co saves business with supermarket listings
The West Yorkshire foodservice supplier has won space in Asda and Tesco
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NewsMedia Bites 14 April: Supermarkets/coronavirus, Government loans, Amazon
Supermarket chains suffer a sharp fall in sales over the past fortnight, government emergency aid to be retooled, Amazon on hiring spree.