Tesco news and analysis – Page 42
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NewsCity snapshot: Tesco raises profit guidance after “strong” first half
Tesco has lifted its outlook for the year as revenues and profits jumped in the first half, with CEO Ken Murphy expecting food inflation to continue to slow over the coming months.
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NewsPlanted releases hoisin duck alternative and launches into Tesco
The startup’s three-strong range will be available to buy across 350 stores nationwide from 3 October
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NewsOrganic babyfood brand Little Freddie launches dairy-free yoghurts
An organic babyfood brand has launched two flavours of dairy-free yoghurt-style pouches: Banana & Raspberry and Strawberry
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NewsRecipe kit brand Grubby makes retail debut via exclusive Tesco tie-up
The meal kits are being merchandised on a dedicated branded display as part of Tesco’s Dinner Tonight strategy
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NewsTesco faces CMA complaint about Brazilian meat
Tesco has been accused of greenwashing its deforestation pledges
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NewsTesco launches new sensitive skin section in stores
The retailer has gone into partnership with skincare brand Aveeno for the pilots
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NewsGroceries Code Adjudicator accuses supermarkets of ‘warfare’ on suppliers
Mark White today published a “deep dive” report into views of suppliers about the conduct of supermarkets under GSCOP
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NewsReady meal meat content slashed as brands and retailers turn to ‘skimpflation’
The reformulations come as the price of beef and chicken has soared
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NewsTesco locks 1,000 prices until 2024 in latest attempt to battle Aldi
Today Aldi revealed sales were up by nearly £2bn to £15.5bn and claimed the cost of living crisis had changed shopping habits for good
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NewsSoft drinks giants urge Rishi Sunak to spare deposit return scheme from axe
The letter to Sunak is signed by the bosses of companies including Coca-Cola, PepsiCo, Suntory and AG Barr
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NewsProperoni launches dedicated pepperoni brand into Tesco
Its Classic and Hot Paprika flavours will be available alongside its new Chorizo Classic sausage pairs
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NewsTesco boss Ken Murphy leads calls for government u-turn on food waste reporting
Speaking as UN and business leaders met in New York for the Champions 12.3 summit, Murphy said there needed to be “global action across supply chains” led by governments across the world
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NewsAlessandra Bellini ends her Tesco love story after seven years
Alessandra Bellini was recruited by former CEO Dave Lewis in 2017 from his old company Unilever, and became a key figure in the Tesco turnaround
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NewsMeatless Farm launches pasta NPD and ‘For the Tryers’ campaign
Staple Meatless Farm lines are also relaunching into Tesco this month including its plant-based mince and chickenless roast
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Comment & OpinionGovernment’s ‘healthy sales’ reporting strategy a positive step, but it’s not all roses
Following a long series of rowbacks and u-turns on the obesity strategy, it comes as a refreshing change to see affirmative action from the government
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Comment & OpinionGrocery delivery is not profitable and stores are the casualties
Online grocery may be the future but the pace of transition is causing death by a thousand cuts, says David Sables, CEO of Sentinel Management Consultants
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NewsThis launches plant-based roast chicken & stuffing alternative
The brand claimed the new centrepiece product had taken a year to develop
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NewsFood companies to face mandatory Scope 3 carbon reporting as Defra readies COP 28 launch
The move will be the first major act of the industry’s Food Data Transparency Partnership (FDTP), which was launched in February
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KVI TrackerWaitrose price cuts shake up household staples in this week’s KVI tracker
Some of the new prices bring Waitrose in cheaper than comparative products at other retailers
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NewsNatureMetrics wins Tesco award for innovation to track supply chain biodiversity
The award sees the company win a fast-track introduction to the Tesco supplier network and a trial with one of the retailer’s supply chain partners