Tesco news and analysis – Page 55
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News
Tesco gives £1m to good causes in single day as community tokens scheme reaches £100m mark
Tesco said the campaign would mark £100m in community grants being given to more than 50,000 good causes since the scheme launched in 2016
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News
Asda defends pay record as union claims staff face Christmas food poverty
Its basic pay stands at £10.10 an hour, compared to Sainsbury’s £10.25, Tesco’s £10.30, and Aldi’s £10.50
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Analysis & Features
How are HFSS promotions evolving? And is the multibuy even still relevant?
After the government pushed back the ban on multibuy promotions on HFSS products to next October, Tesco was the first to say it would go ahead and stop them entirely this year anyway
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News
City News: Tesco shares struggle as it battles inflationary pressure
Tesco shares continued to come under pressure this week as its profits were hit by its battle to retain market share amid soaring inflation.
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Comment & Opinion
Who is Tesco’s Aldi Price Match campaign benefiting most: Tesco… or Aldi?
Tesco’s repeated value benchmarking of Aldi in a cost of living crisis will be a ‘marketing case study in years to come’
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News
Bumper potato harvest expected for 2022, reports Mash Direct
The brand is expecting up to a 30% uplift in potatoes harvested this year
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News
Tesco cuts 325 head office roles as part of £500m efficiency drive
The supermarket said staff had been informed of the cuts late last month, though they were not mentioned at this week’s results call
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News
Tesco as competitive with discounters as ever, claims CEO Ken Murphy
Tesco said its products from its Aldi Price Match now featured in 99% of all large baskets and over 80% of top-up shops
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News
City snapshot: Tesco profits squeezed as customers ‘watch every penny’
Profits at Tesco fell back in the first half as customers faced “a tough time” but rising food prices helped Britain’s biggest supermarket grow sales.
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Interviews
Anna Turrell on taking Tesco’s sustainable financing scheme global
Tesco’s head of environment has climate anxiety. ‘It’s hard not to after working in sustainability for 17 years.’ But inside the retailer, she’s taking action
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News
Heineken rolls out improved Green Grip cardboard multipack can topper
The new packaging was trialled in selected Tesco stores to stress-test its strength and stability for retailers and shoppers
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News
Cathedral City expands lighter cheese range
The new release from the Saputo brand has 30% less fat than the brand’s standard Extra Mature Cheddar
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News
Tesco brings food waste reduction target forward by five years
Additionally, Tesco will introduce new sustainability-linked executive pay performance targets
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Range Preview
Pistachio fudge and date platters: Tesco Diwali range 2022
Inspired by traditional Indian sweets, known as mithai, the range rolled out from early September
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News
Lidl and Aldi’s store opening programmes facing barrage of rival planning objections
With shoppers switching to the discounters in their droves due to the cost of living crisis, the objections are thwarting their ability to serve yet more
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Comment & Opinion
Why Tesco’s TikTok checkout voice search is a sound move
When it comes to buying groceries, only 17% of Brits consider human interaction important, according to a 2018 study by Whistl
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News
Tesco UK & ROI CEO Jason Tarry joins IGD as president, replacing Patrick Coveney
Tarry is set to take over from current president, and former Greencore CEO, Patrick Coveney on 1 January 2023
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News
Tesco on TikTok: shoppers invited to be new voice of the checkout
Tesco has announced a competition to find the new voice on its self service checkouts – via TikTok
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News
Tesco trials removal of cardboard packaging from toothpaste brands
Tesco has already removed packaging from its own brand toothpaste products, since November last year, which it said saved 55 tonnes of cardboard a year.
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News
Crackd to roll egg alternative liquid into Tesco stores
It has created a new 346g bottle offering six servings