Tesco news and analysis – Page 87
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News
Tesco to build pop-up stores at NHS Nightingale Hospitals
Tesco’s first Nightingale Hospital pop-up store will open in Birmingham
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Tesco teams up with former Formula 1 boss on meals for frontline workers initiative
The Dennis family is donating £1m to seed-fund the initiative through its Dream Chasing Foundation
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Tesco announces £30m community support package
The supermarket said it would provide £15m of food donations to FareShare and The Trussell Trust
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Tesco announces massive increase to online delivery slots
Last week Tesco announced it was limiting online orders to 80 items in order to be able to make more deliveries
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Comment & Opinion
Give thanks to our remarkable food industry workers
The food industry is full of exceptional people doing exceptional work in these difficult times, says Eagle Eye’s Tim Mason
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News
Tesco launches media campaign to push social distancing in stores
Tesco also unveiled new strict limits to the number of customers allowed in its stores, varying according to size
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News
Asda and Tesco become latest retailers to limit customer numbers in stores
Asda said it would be placing colleagues at the front of stores to “limit the number of customers” coming in
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Coronavirus: Tesco gives workers 10% pay rise
Tesco said the rise is backdated to Monday 9 March
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Tesco sourcing pork from farms with ‘illegal’ standards, says animal rights group
World Animal Protection claims to have found evidence of wrongdoing at three UK farms linked to the retailer
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Tesco to pay small suppliers within five days to battle cashflow crisis
The supermarket giant said it would shorten the period of payment terms from 14 to five days, “with immediate effect”
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Asda and Tesco close 24-hour stores to give staff chance to replenish shelves
The move will give staff time to replenish shelves as they cope with a spike in demand
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City News: Analysts welcome hefty price tag for Tesco’s Asian arm
Tesco’s long-shelved plans for global domination were further unwound this week with the sale of its Asian arm for £8bn, as it continues to refocus on its core business.
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News
Tesco records grocery’s biggest advertising budget of 2019 as Sainsbury’s hikes spend
Meanwhile Morrisons dropped from fourth to seventh after its spend fell by more than 21.2%
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News
Tesco seeking new sites for Jack’s discount stores
The supermarket is seeking new locations that minimise cannibalisation of its existing estate, The Grocer understands…
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News
Tesco’s Aldi Price Match: a third of products stay at same price, analysis finds
About two-thirds of the products in Tesco’s new push to match Aldi on price have stayed at exactly the same price as before, analysis shows
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News
Sainsbury’s joins major supermarkets rationing sales of hygiene products
The retailer is now limiting purchases of handwash, tissues, cleaning products and pain relief
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Aldi reacts to Tesco’s Price Match marketing with counter-offensive
Aldi has hit back with direct price comparisons in a series of press and social media ads
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City snapshot: Tesco agrees £8bn Thai and Malaysian business sale
Tesco has agreed to sell its business Thailand and Malaysia to CP Group for an enterprise value of US$10,6bn (£8.2bn) to fund a special dividend and a £2.5bn pension contribution. Plus, global markets collapse amid oil price plunge and all the rest of the latest news from the City.
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Comment & Opinion
Tesco’s latest Price Match move: can it really go the distance with Aldi?
Tesco is now committed to fight an enemy that has vowed never to be beaten on price
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News
Tesco to begin price matching Aldi across hundreds of products
The campaign includes both own label and branded goods and will also apply to products ordered online at Tesco.com