Tesco news and analysis – Page 51
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NewsCity snapshot: Supermarket Income REIT snaps up Tesco store in £38m deal
Retail property investor Supermarket Income REIT has purchased a Tesco omnichannel supermarket in the Midlands for £38.3m. Plus, embattled THG appoint Sue Farr as senior independent director.
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Analysis & FeaturesDiscounts for data and the death of supermarket loyalty points
As Sainsbury’s and Co-op ape Tesco’s Clubcard Prices model, supermarkets are able to make more on consumer data. But are there risks?
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Analysis & Features10 women blazing a sustainability trail in food, drink and retail
Across suppliers, retailers and the tertiary sector, these are the women making waves in fmcg’s impact on sustainability and the environment
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Comment & OpinionWhy Lidl’s victory over Tesco could prove a double-edged sword
By using a symbol similar to Lidl’s yellow circle branding, Tesco achieved a “subtle but insidious transfer of image” to its Clubcard Prices scheme, according to the ruling handed down this week
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Range PreviewKing prawn sarnies and royal trifle: Tesco coronation range
£250,000 of proceeds from the range will be donated to the King’s charity, The Prince’s Trust
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NewsTesco suppliers warned not to give ‘legitimacy’ to fulfilment fee call
CEO Ken Murphy said a ’meaningful number’ of suppliers had agreed to the new fees
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NewsMedia Bites 20 April: Food price inflation, Tesco/Lidl, Nestlé
Food inflation accelerated to a 45-year high last month but the pace of price rises should ease as the year progresses
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NewsApple growers forced into the red despite supermarket price hikes
Apples are on average 5.8% pricier year-on-year, a figure over seven times higher than the 0.8% increase in returns seen by growers
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NewsHigh Court rules Tesco Clubcard Prices logo was copied from Lidl
The effect ‘was to cause a subtle but insidious transfer of image’ from Lidl in the minds of some consumers, said the judge
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NewsTesco makes Liquorice Twists straight after manufacturing fault
‘We are sorry that our liquorice twists are not as twisty as usual,’ a Tesco spokesman told The Grocer
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NewsSimon Howie launches new BBQ products and widens distribution
The new lines for 2023 included a “premium” 6oz burger – The Black Label Gastro Burgers 340g
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NewsMarket reacts positively as Tesco beats expectations despite margin squeeze
Tesco’s margins and profits were hit by shoppers cutting back last year, but the market reacted positively to its tightrope walk between protecting margins and market share
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Comment & OpinionLike the Red Bull F1 car, Tesco Clubcard now has an even faster model
Tesco has opened up an unassailable lead in the loyalty card stakes
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NewsBooker proves a star performer for Tesco as sales soar 12%
Over the year it saw a net increase of 451 in the number of retail partners it supplies
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NewsMedia Bites 14 April: Tesco, Asda, Sainsbury’s/milk
Britain’s biggest grocer expects flat full-year profits as inflation continues to take a toll on its customers and suppliers
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Comment & OpinionTesco is the wrong target for profiteering accusations
CEO Ken Murphy says Tesco is getting the balance right between helping cash-strapped shoppers and supporting its staff and suppliers
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NewsAldi and Lidl join Tesco and Sainsbury’s in cutting milk prices
Four pints of milk now costs £1.55
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NewsThe Grocer shortlisted for three PPA Awards
The nominations were the culmination of a hugely successful year and a lot of hard work, said Lorraine Hendle, managing director of William Reed’s retail and manufacturing division
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NewsTesco is doing what it can to support shoppers, says CEO Murphy
The Tesco boss was speaking as the UK’s biggest grocer posted a 5.3% increase in group sales to £57.7bn for the year to 25 February
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NewsTesco profits halved amid ‘incredibly tough year’ for consumers
Tesco’s full-year profits have more than halved as lower sales volumes, cost inflation and writedowns of its property and assets due to economic conditions. Plus Science in Sport decides against sale and trading updates from PZ Cussons and Imperial Brands