Tesco news and analysis – Page 153
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NewsTesco appoints high-flying new brand director
Michelle McEttrick, who has been appointed group brand director, is a former director of BBH, the advertising agency brought in by Lewis in January
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NewsTesco store staff 'could not cope' with boom in online orders
Announcing a £6.4bn loss, the largest in retail history, Lewis said he was encouraged by a reversal in the fortunes of its Extra stores
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NewsDave Lewis hails Tesco Extra turnaround
Lewis claims the stores are now “worth the trip again” and “not the dinosaurs that people made them out to be”
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NewsDave Lewis quizzed by store manager in YouTube video
Manager presses for reassurance over pension plans
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Comment & OpinionHidden Tesco story is the Extra turnaround
Behind the shocking headline numbers, the “dinosaur” Extra stores are bucking the accepted industry narrative
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NewsTesco posts worst results in its history with £6.38bn loss
However Tesco said its trading profits were in line with expectations at £1.4bn, while UK like-for-like sales volumes rose for first time in over four years
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NewsTesco results: What the analysts say
Reactions are coming in thick and fast to Tesco’s record losses
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NewsCity Snapshot: Tesco shares rise slightly despite biggest-ever loss
With all the bad news coming out at once, the City’s reaction seems to suggest that Tesco’s future is brighter, a notion backed up by the first like-for-like sales volumes rise in over four years
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NewsTesco Broadband down for most customers
Tesco says it is working “as hard as possible” to restore services to thousands of broadband customers who have been without a connection for a large part of today
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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