Tesco news and analysis – Page 87
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NewsMedia Bites 7 Oct: Tesco, Ocado, Deliveroo
Tesco will complete the overhaul of its top executive team by raiding Tate & Lyle to recruit its new finance chief
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NewsCity Snapshot: Tesco sales soar during pandemic but £553m Covid costs drag on profits
Sales at Tesco soared 6.6% in the first half to £26.7bn as shoppers relied more heavily on supermarkets during the coronavirus pandemic, but costs also ballooned to weigh on profits. The supermarket also announced Tate & Lyle CFO Imran Nawaz as its news chief financial officer.
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NewsTesco begins adding traffic lights to store entrances
The lights control the number of shoppers inside based on the store’s capacity and two-metre social distancing guidelines
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NewsMedia Bites 2 October: Ocado, Tesco, PepsiCo
Ocado’s strategy of selling its grocery knowhow worldwide is under threat after a Norwegian rival claimed it has copied its technology and infringed its patents
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NewsMedia Bites 1 October: Tesco, Ocado, Morrisons, Compass Group
Ken Murphy replaces Dave Lewis at Britain’s biggest supermarket today and faces investors next week.
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Comment & OpinionTesco’s ‘tricks’ and the ‘joy of six’: what we learned from Aldi chief’s results presentation
Aldi may have taken a blow to its market share, but UK & Ireland CEO Giles Hurley is confident it can weather the Tesco price war and threat of Covid restrictions at Christmas
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NewsTesco pledges 300% plant-based sales hike by 2025 in sustainability drive
The commitment feeds into the retailer and WWF’s pledge to halve the environmental impact of shopping baskets by 2030
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NewsMedia Bites 29 September: Asda, Aldi, Tesco, Reckitt Benckiser
The billionaire brothers behind EG Group have moved into pole position in the race to takeover Asda.
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NewsAldi chief takes swipe at Tesco’s ‘marketing tricks and gimmicks’
Giles Hurley claimed: ‘More expensive supermarkets can only imitate, not replicate, what we do’
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NewsMedia Bites 28 September: Tesco, Asda, Pladis
Ken Murphy has a big repair job on his hands, says The Times
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NewsTesco in Brexit incoterms bills dispute with suppliers
The Grocer understands Tesco Ireland is insisting suppliers will have to take responsibility for duty and tax paid incoterms when the transition period ends in January
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NewsTesco clamps down on stockpiling with new purchase limits on food
In-store purchases will be limited to three items per customer for flour, dried pasta, toilet roll, baby wipes and anti-bacterial wipes
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InterviewsDave Lewis: the Exit Interview
Tesco’s CEO reflects on his time at the helm of the UK’s largest retailer, and on the challenges and opportunities that lie ahead for the UK and for his successor Ken Murphy
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NewsSupermarkets and suppliers still failing on food waste transparency, warns report
A progress report by the IGD and Wrap shows two-thirds of food businesses signed up to the Food Waste Roadmap are still not publishing their figures
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NewsTesco calls for mandatory clampdown on food waste as suppliers step up efforts
The supermarket today said a three-year partnership across 71 of its biggest suppliers had seen food waste slashed by 200,000 tonnes
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Comment & OpinionClubcard is a magic wand to pep up Tesco’s boring EDLP experience
Big data is still a hugely powerful tool in the right hands, hence Tesco’s continued evolution of its Clubcard proposition
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NewsTesco’s Clubcard price undercuts rivals as it takes fight to discounters
The supermarket is seeking to use its 19 million loyalty cards customers as a point of difference against rivals
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NewsTesco lists more low & no in overhaul of beer and cider range
It has also given fresh space to craft beers from the likes of Gipsy Hill, BrewDog & Magic Rock
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NewsTesco ‘affecting competition’ as it secures exclusive NPD deals for Booker, say wholesalers
One senior wholesale source described the move as “anti-competitive”
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NewsTesco launches Clubcard price blitz across branded lines
Tesco first trialled Clubcard Prices in May last year