Tesco news and analysis – Page 3
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NewsTesco launches Gen AI ad creator for brands
The AI tool will ‘speed up and scale creative within a secure and compliant framework’
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NewsAsda steps up price cuts campaign adding more than 200 fresh lines
The latest round follows more than 1,000 price cuts announced by Asda last week, as executive chairman Allan Leighton steps up his efforts to restore ‘Asda Price’ in a bid to win back shoppers ahead of Christmas
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NewsTesco launches live support for blind shoppers with Be My Eyes
Be My Eyes app users will be connected directly with Tesco colleagues
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NewsCooks Coffee and Tesco to roll out Esquires cafés in Ireland
The cafés will offer ‘extensive’ coffee and food ranges
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NewsTesco bolsters Finest lineup with Indian Banquet and Chef’s Collection
The supermarket has added branded meals from Bosh, Squeaky Bean and Itsu
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NewsFood innovation in ‘long-term decline’ finds new study
British Brands Group figures show a long-term fall in product launches continued in 2023
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NewsTesco Clubcard deal offers cinema tickets for £2.50
The Tesco Tuesdays scheme will allow Clubcard members to exchange vouchers for Cineworld rewards
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NewsIslands Chocolate launches premium drinking chocolates into Tesco
The launch made ‘barista-quality hot chocolate available to everyone’, said Islands Chocolate
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NewsSqueaky Bean adds plant-based pies featuring fermented veg
The pies are claimed to offer the ‘umami depth’ typically associated with meat
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NewsTesco’s former reusable packaging partner calls for regulation on plastic
Tom Szaky, CEO of TerraCycle and boss of pioneering reuse sytem Loop, said France’s experience had shown a combination of regulation and funding incentives could help the industry move from ‘pointless pilots’ to a full-scale rollout
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NewsTesco migrating to new marketplace platform
Mirakl’s marketplace tech is the same used by B&Q, Carrefour and Superdrug
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NewsTesco share price gathers momentum as supermarket enters golden quarter from position of strength
Shares shot up 4.5% today to a near-12-year high of 449.2p as markets lapped up a bullish statement by CEO Ken Murphy asserting that the supermarket had built on already strong momentum in the first half to 23 August
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NewsTesco CEO Ken Murphy hits out at rivals’ irrational price cuts
‘Some competitors went pretty strong at the start of the year with their statement of intent and they’ve acted on that,’ said Murphy. ‘It doesn’t feel that rational from where I’m sitting’
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NewsBosh launches vegan ready meals and pizzas into Tesco
The vegan cookery brand has sold over one million cookbooks
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NewsTesco raises profit guidance after strong summer sales
Britain’s biggest supermarket cut its profit guidance earlier this year due to a looming price war
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NewsLower-carbon broccoli hits Tesco shelves
Up to 50 tonnes of the crop, cultivated at a Lincolnshire farm, hit shelves this week
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NewsPlant-based meals more affordable as meat prices soar, new research finds
Independent think tank the Green Alliance investigated the prices of a selection of meat and plant-based products from Tesco’s online store in its Recipe for Resilience: The Benefits of a Thriving Plant-based Protein Sector report
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NewsKitchen assistant app launches RemyCoin to ‘turn sustainability into a game’
Remy – which claims to be ‘Europe’s first AI Kitchen Assistant’ – has launched RemyCoin
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NewsTesco fuels truck fleet with waste to cut CO2 emissions by 83%
Powered by biomethane produced from animal and food waste, the trucks will save up to 6,473 tonnes of CO2e each year
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NewsKerry-owned Smug scraps blended oat-dairy lines
The Smug brand was launched in March 2024 as a ‘category first’ oat and dairy blended product range