Ken Murphy news, comment and insight – Page 12
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Analysis & FeaturesThe Mad Men inside supermarkets
Supermarkets are no longer just about food. With some of the best customer data at their fingertips, they want to sell you advertising too
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Comment & OpinionIs criticism of supermarket bosses’ exorbitant bonuses amid cost of living crisis justified?
Because profits (and other more complex metrics) have exploded in the past year, performance compensations tied to those financial metrics ultimately grew at a higher rate too
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NewsOutgoing M&S CEO Steve Rowe bags final £1.6m bonus
His total pay packet was £2.6m, up from £1.1m in 2020/2021
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Comment & OpinionTesco’s belated support package for pig farmers is welcome. But is it enough to rescue the sector?
Tesco clarified that £3.4m had already been passed on to farmers since March
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NewsTesco unveils £6.6m cash injection for struggling pig farmers
The retailer said the investment took the amount it had given in additional payments to producers to £10m since March
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NewsMedia Bites 16 May: Boots, HFSS, Tesco
The bid battle for Boots is expected to stretch into the next month at least after the three remaining suitors requested more information on recent trading
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NewsCity snapshot: Executive pay trebles at Tesco to over £12m
Tesco has paid out more than £12m to its senior leadership team as executive pay strongly rebounded at the supermarket last year
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NewsTesco hits suppliers with distribution charge hike, blaming new diesel tax
The supermarket has written to suppliers saying rates will go up by almost 8% from 29 May
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NewsTesco and WWF launch accelerator programme to fast-track sustainability
Tesco has announced the names of eight companies that will go head to head to find the best ideas
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NewsNPA calls out Tesco over lack of support for pig producers
The trade body has written an open letter to Tesco CEO Ken Murphy in a bid to attract financial support for hard-up producers
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NewsTesco taps Uber Eats rider network to deliver Whoosh orders
The partnership launched today from an initial 20 stores in Edinburgh, Bradford, Portsmouth, Norwich, St Albans and Letchworth
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Grocer 33Iceland struggles with food inflation in The Grocer’s price comparison survey
Inflation up 7.2% overall and 12.3% higher at frozen discounter Iceland
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Analysis & FeaturesHFSS clampdown: new guidance explained
Detailed guidance on the HFSS clampdown is here, but sources have warned of gaps as retailers focus on the cost of living crisis
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Analysis & FeaturesTesco in way better shape for the recession than share sell-off suggests
Tesco in ‘really great shape’ to deal with cost of living crisis, says CEO Ken Murphy
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NewsIceland uses latest inflation figures to give 1p veg offer a second push
Some observers have noted Iceland’s website allows only one 1p item per transaction, making 99p the maximum saving per basket
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Comment & OpinionTesco’s approach to inflation: a little bit less and a little bit later
Ken Murphy delivered a message of subtle prudence, in which Tesco signalled its focus on doing the right thing for shoppers, colleagues and suppliers
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NewsTesco profits soar but supermarket warns over battle to keep prices low as inflation rages
Profits at Tesco have soared £1.4bn higher as sales increased over the past year, but it warned the bottom line would come under pressure in 2022
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NewsCity Snapshot: Tesco profits soar as boss Ken Murphy vows to keep cost of weekly shop in check
Tesco profits soared £1.4bn higher as sales increased, but the supermarket giant warned its bottom line would come under pressure in 2022 as it battled to keep prices low.
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NewsTesco announces 5.8% pay deal and major changes to job roles
Under the deal negotiated with the Usdaw union, the hourly rate for staff will increase 5.8% from £9.55 to £10.10 from 24 July
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Analysis & FeaturesThe 10 most powerful women in food, drink and grocery
The food industry is making some impressive leaps on gender equality – but some backwards steps too. Meet the women leaders across industry and government who are keen to keep smashing grocery’s glass ceilings