Ken Murphy news, comment and insight – Page 3
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NewsTesco names Booker boss as new central Europe CEO
Tesco has announced Booker’s chief operating officer is to take over as its CEO of central Europe
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NewsTesco CEO Matthew Barnes steps down in executive team shake-up
Matthew Barnes has stepped down as UK CEO to pursue other opportunities, as part of a wider executive team shake-up, effective from 30 June
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NewsTesco plans more market share dominance with 30% target
Tesco currently has a market share of 27.8%, according to the latest 12-week figures from Kantar
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NewsIceland ramps up retail media push through partnership with GIG Retail
The partnership with GIG Retail marks a ’significant step’ in Iceland’s plans to build an ’end to end’ retail proposition
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NewsTesco central Europe CEO to leave after 30 years
Tesco’s central Europe CEO is leaving the supermarket giant after 30 years with the company
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NewsTesco increases meal deal price by £3
Tesco has increased the price of its Tesco Finest dine-in meal deal by 25%.
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Grocer 33Tesco Kingsway, Dundee: Grocer 33 store of the week
Store manager Darren Fraser on crime prevention, Easter sales and Tesco’s results
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Comment & OpinionAsda’s puny price war causes bizarre run on Tesco share price
Tesco’s magnificent results and diverse armoury of weapons overlooked by over-reacting investors
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NewsMedia Bites 11 April: Tesco profits, Barry Callebaut, coffee prices
Tesco has warned that its profits will be lower this year to give it more wriggle room to cut prices
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Comment & OpinionTesco’s Ken Murphy unphased by ‘intensified’ supermarket competition
Murphy was keen to point out Tesco’s limited exposure to tariffs, and suggested Asda’s price push was part of a general increase in competition
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NewsTesco slashing £500m of costs as price war escalates
Tesco is cutting an additional £500m of costs amid escalating costs and falling profits, saying it needs the ‘flexibility and firepower… to respond to current market conditions’
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NewsMedia Bites 7 April: tariffs, Tesco, Asda, ABF, Kellogg’s
The trade war kicked off by US president Donald Trump resulted in near-total domination of the media’s business reporting this weekend. Markets opened in the Far East and the ’bloodbath’ in the financial markets is getting worse
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NewsTesco accused of treating shoppers like ‘criminals’ in trolley weighing trial
The supermarket giant said it had installed the new technology in selected stores across the UK, including at three checkouts at its store in Gateshead
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Comment & OpinionWhy Tesco’s IT geeks are leading the war on retail crime
Tesco CEO Ken Murphy has previously said Tesco was spending ‘tens of millions’ on measures to tackle crime and protect its staff
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NewsTesco unveils security hub to fight shoplifting crimewave
The Daventry centre will analyse thousands of hours of CCTV footage with a dedicated team of experts operating 24 hours a day, 365 days a year
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NewsAsda vows to be ‘cheapest’ as it brings back Rollback prices
The retailer is set to launch a new heavyweight advertising campaign fronted by Joe Wicks
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Comment & OpinionWhy Tesco’s ‘biggest ever Christmas’ didn’t prevent it from cutting jobs
Just 21 days have passed since Tesco said sales were up 4% over Christmas – but today’s job cuts meant that success was short-lived
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NewsAsda ends its Aldi and Lidl price match scheme
Asda has ended its Aldi and Lidl price match scheme, as it plans to launch a major new Rollback campaign of price cuts
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Analysis & FeaturesShould Amazon be worried about Tesco’s marketplace?
Tesco Marketplace has swelled by over 1,000% to 300,000 SKUs
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NewsAsda boss Allan Leighton to launch massive new Rollback price war
A major advertising campaign is being lined up by Asda to back the launch