Ken Murphy news, comment and insight – Page 9
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NewsM&S cuts the price of over 70 family staples
Products dropped in price include M&S Select Farms DNA traceable beef mince, avocados, Greek-style yoghurt and ciabatta rolls
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Comment & OpinionWhat is the Adjudicator doing about all those supplier complaints?
As retailer relations sour with suppliers what is the GCA doing about all their complaints?
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Analysis & Features‘No excuse’ for Amazon’s shocking first outing on supplier ranking
The stand out is Amazon, with a record poor showing on its first appearance on the Groceries Code Adjudicator’s list
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NewsKen Murphy: supplier tension caused by Tesco ‘fighting the fight’ on inflation
The supermarket giant today announced a 9% year-on-year increase in sales for the first quarter of the year
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NewsCity snapshot: Tesco UK sales up 9% amid ‘encouraging’ signs on inflation
Tesco has grown its UK like-for-like sales by 9% in its first quarter as its CEO points to ‘encouraging early signs that inflation is starting to ease’
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NewsMedia Bites 15 May: John Lewis Partnership, food price inflation, Tesco
More than half of the 61-strong partnership council of John Lewis have delivered a stinging rebuke to Dame Sharon White and her leadership
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NewsSupermarket-backed soy scheme delivers first batch to UK
Funded by Tesco, Sainsbury’s and Waitrose, the initiative encourages sustainable soy production in Brazil
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Analysis & FeaturesHow the Apprenticeship Levy became a £3bn swindle
David Cameron’s pet project was meant to boost opportunities for apprentices, but companies say most of the money is disappearing into the Treasury’s pockets. What’s going on?
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Analysis & FeaturesWhy retail prices keep rising despite falling commodity costs
The cost of some commodities has fallen by up to 50% in the past year
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NewsTesco suppliers warned not to give ‘legitimacy’ to fulfilment fee call
CEO Ken Murphy said a ’meaningful number’ of suppliers had agreed to the new fees
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Comment & OpinionLike the Red Bull F1 car, Tesco Clubcard now has an even faster model
Tesco has opened up an unassailable lead in the loyalty card stakes
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NewsBooker proves a star performer for Tesco as sales soar 12%
Over the year it saw a net increase of 451 in the number of retail partners it supplies
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NewsMedia Bites 14 April: Tesco, Asda, Sainsbury’s/milk
Britain’s biggest grocer expects flat full-year profits as inflation continues to take a toll on its customers and suppliers
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Comment & OpinionTesco is the wrong target for profiteering accusations
CEO Ken Murphy says Tesco is getting the balance right between helping cash-strapped shoppers and supporting its staff and suppliers
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NewsTesco is doing what it can to support shoppers, says CEO Murphy
The Tesco boss was speaking as the UK’s biggest grocer posted a 5.3% increase in group sales to £57.7bn for the year to 25 February
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NewsTesco profits halved amid ‘incredibly tough year’ for consumers
Tesco’s full-year profits have more than halved as lower sales volumes, cost inflation and writedowns of its property and assets due to economic conditions. Plus Science in Sport decides against sale and trading updates from PZ Cussons and Imperial Brands
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NewsEnvironmental plans could add to price pressure, warns Aldi boss
’It’s about working with government because no one disagrees with the aims,’ says Aldi CEO Giles Hurley
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Analysis & FeaturesTesco chief Ken Murphy’s plea to the government
Ken Murphy has made three demands for government support
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NewsShops in England to see business rates bill drop by more than 50%
The average shop’s bill will fall from £8,172 in 2022/23 to £3,678 in 2023/24, according to retail estate advisors Altus Group
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NewsTesco boss Ken Murphy urges reform to Apprenticeship Levy
In total, more than £600m of unused levy funds were returned to the Treasury this year alone