Tesco news and analysis – Page 148
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NewsTesco analysts bullish about prospects despite profit forecasts
Analysts expect good news as well as bad in Wednesday’s results
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NewsTesco chairman attacks EU referendum plans
John Allan warns major businesses will move overseas if faced with uncertainty
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NewsTesco pension changes to be fought by union
An official consultation process between Tesco and Usdaw began today and will run for a minimum of 90 days
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NewsDave Lewis ditches Tesco Steering Wheel in favour of Big Six
Lewis has consistently said Tesco’s business has become too distracted from its core priorities but scrapping the Wheel is a bold move
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NewsTesco buys up remaining stake in Euphorium Bakery
Tesco has bought up the remaining slice of the Euphorium Bakery business, despite reports that it planned to scrap the venture.
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NewsTesco Mobile sends Samsung Galaxy 6 into space (almost)
The phone was launched on a space balloon from a secret location in the Peak District yesterday and the journey to the edge of space took over 2 hours
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NewsTesco invests £5m in school cooking clubs in disadvantaged areas
The move will see its Tesco Eat Happy Project back the Children’s Food Trust network of school cooking clubs
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NewsTesco partners with Beer Alliance campaign 'There's A Beer For That'
“The idea with this activity is to encourage Tesco customers to discover their perfect beer by introducing them to different styles and the food they perfectly pair with”
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ProfilesDave Lewis Uncut: the full exclusive interview with Tesco's CEO
In this specially extended web version, Adam Leyland talks to Dave Lewis about his first months in the job, and what’s next for Britain’s biggest supermarket
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NewsTesco to pay small suppliers within 14 days vows Lewis
“We want suppliers who are partners. Negotiation will always be part of this business. Aggression will not. We want to work in a way that’s sustainable for our business and for our partners. That will mean a whole new way of working.”
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NewsThe Apprentice contestant goes into business with Tesco
Tim Stillwell’s Burrito Kitchen concession will open in Tesco’s Villiers Street store in London, next week
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NewsTesco London division scrapped, absorbed into Tesco South
It is believed the move precedes management cuts, outgoing London MD to become Tesco Ireland’s new chief exec
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NewsTesco caught selling crisps in new healthy checkout lanes
Incident comes after Tesco offered chocolate prize in Diabetes UK raffle on Monday
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NewsTesco investors to sue retailer over profits scandal
Lawsuit claims Tesco’s announcement that it materially overstated its profits by £263m caused a permanent destruction of value to shareholders
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NewsTesco slammed for having chocolate prize in diabetes raffle
Supermarket responds by saying ”occasional treats are fine” but will still find alternative prize
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NewsTesco shake-up continues with F&F franchise operation head departure
Senior independent director also to leave, replaced by Compass Group boss
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NewsTesco takes back 21 superstores in British Land property swap
Tesco has taken back full ownership of 21 superstores from property giant British Land in an effort to head off future rental increases.
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NewsTesco to delist Kingsmill bread
The Tesco delisting is a further blow to a brand that has been hit particularly hard by ongoing pressures on the wrapped bread market
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NewsAldi hits record market share as Tesco posts best growth in 18 months
Aldi share at 5%, Lidl also posts 13.6% sales growth as discounters continue rise
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NewsTesco ensures customer-only car parks with new touchscreens
Tesco will use a touchscreen system to fine drivers who use the car park without shopping in store