Tesco news and analysis – Page 154
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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
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NewsTesco squares up to CCE as it pulls Schweppes lines
A dispute over prices between Tesco and Coca-Cola Enterprises has seen 25 soft drinks lines pulled from the supermarket’s shelves
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NewsUnilever non-executive director joins revamped Tesco board
Byron Grote will be joining the board as a non-executive director with effect from 1 May
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NewsTesco gamble cost Warren Buffett $444m
Veteran investor Warren Buffett has admitted his “leisurely pace” when it came to selling off shares in Tesco cost his firm Berkshire Hathaway $444m.
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NewsDave Lewis launches new code of conduct for Tesco staff
Dave Lewis has told Tesco’s employees they “must speak up” if they suspect misconduct in its trading relationships with suppliers
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NewsFormer drinks boss Dan Jago returning to Tesco following accounts probe
Tesco’s former head of alcoholic drinks Dan Jago is returning to the business in March.
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Analysis & FeaturesWhat now, Tescopoly?
With the supermarket chain in contraction as sales slide, is the work of the vociferous pressure group now done?…
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NewsShop floor management shakeup will see more Tesco staff in store
Tesco is axing hundreds of deputy manager positions and thousands of team manager positions in its stores…
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NewsTesco has '75% chance' of successful recovery, report claims
The report by Bernstein claims that the UK’s biggest retailer is in the “recovery on track zone”
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NewsFurther own-label meal kits recalled in almond protein scandal
Two more supermarket own-label ranges have been embroiled in the almond contamination scandal – with Sainsbury’s and Tesco each recalling a Mexican meal kit.
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Comment & OpinionDave Lewis, not John Allan, is still the important figure in Tesco turnaround
Despite speculation and excitement over new Tesco chairman, it’s Lewis who’ll take responsibility
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NewsCity Snapshot: Tesco appoints John Allan as new chairman
Tesco has ended its search for Sir Richard Broadbent’s successor with the appointment of John Allan. Plus full-year results for Coke bottler Coca-Cola HBC and a new CEO for Carlsberg. And all the latest share price movements.