All Tesco articles – Page 12
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AnalysisInflation, supplier relationships and loyalty – the take from Tesco boss Ken Murphy
From a chink of light at the end of the inflationary tunnel to the market share gains of discounters, Tesco boss Ken Murphy shared his thoughts on the state of play in UK grocery.
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NewsTesco expects flat profits amid soaring inflation pressures
Tesco has posted a fall in profit for the full financial year and forecasts flat profits in FY 23/24 as a result of “unprecedented levels of inflation”.
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NewsSainsbury’s shakes up Nectar scheme to take on Tesco Clubcard
Sainsbury’s has made changes to its Nectar card to offer customers lower prices on select products in store and online in a bid to rival Tesco’s Clubcard.
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NewsTesco mulls supplier price cuts as inflation begins to drop
UK supermarket giant Tesco is beginning to push its suppliers to cut prices as inflation starts to show signs of easing.
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NewsTesco raises online minimum spend threshold
Tesco has made changes to its online order terms, including raising the minimum spend customers must reach for delivery by £10.
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AnalysisRetail Week Live 2023: Lessons from the next generation of retailers and consumers
Reporting by Ritika Bhoora, Ellis Hawthorne, George MacDonald, Megan Robinson, Hugh Radojev
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NewsTesco expands Whoosh rapid delivery to 1,000 stores
Tesco has expanded its Whoosh rapid delivery service to 1,000 stores, exceeding its rollout target by 25%.
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NewsTesco to slash the value of Clubcard points from the summer
Tesco is cutting the value of its Clubcard rewards scheme for members.
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NewsTesco suppliers to be charged extra fee for selling products online
Tesco has told its suppliers they will have to pay a new fulfilment fee when selling the grocer’s products online.
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NewsTesco working with recruiters to replace chair John Allan
Tesco has started the search for new candidates to replace its chair John Allan, according to a report by Sky News.
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Opinion‘Supermarkets aren’t to blame for product shortages, but it’s time to pause for thought’
Imagine the howls of fury from all quarters if grocers raised food prices. Yet, perversely, in the aftermath of salad-gate, that is what many have asked them to do.
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DataRanking: Meet the 30 UK retailers forecast to dominate ecommerce
A new report draws on exclusive Retail Week analyst data to rank the country’s most successful ecommerce retailers by FY2022 predicted online sales. Discover who they are, how they’re winning and the strategies to follow their lead
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NewsQuarter of shoppers struggling as grocery inflation soars to highest recorded level
A quarter of UK customers are struggling with their food bills as grocery inflation soared to its highest level ever recorded.
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Opinion‘Retail job losses hide a happier employment story’
While Christmas was better for retail than many had first feared, the start of 2023 has been marred by a wave of job losses in the sector.
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NewsTesco and Aldi latest grocers to place purchasing limits on fruit and veg
Supermarket giant Tesco and discounter Aldi have placed limits on fruit and veg purchases, following moves by competitors Morrisons and Asda.
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NewsTesco makes ‘biggest ever investment’ in pay as hourly wages top £11 an hour
Tesco has reached an agreement with shopworkers’ union Usdaw, which will push store staff pay above £11 an hour for the first time.
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NewsThousands of retail jobs lost in ‘brutal’ start to year
UK retailers have cut almost 15,000 jobs since the start of 2023, according to the Centre for Retail Research.
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NewsTesco’s Ken Murphy: ‘Inflexible apprenticeship levy needs work’
Tesco boss Ken Murphy has taken aim at the government’s apprenticeship levy, which he said is causing staff to miss out on new training.
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Opinion‘A Morrisons counter-attack could help restore the grocer’s fortunes’
Differentiation, a unique selling point that sets one business apart from another, is often talked about in retail but less frequently achieved.
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AnalysisHow retailers are responding to Turkey and Syria earthquakes
In response to the humanitarian crisis in Turkey and Syria following the huge earthquakes on February 6, retailers have pledged to help victims, charities and first responders in the region, with many donating money, clothes and blankets.