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RW Grocery July 2013

Digital edition: Retail Week Grocery - July 2013

Read Retail Week PayPal Grocery supplement as a fully digital edition.

Tesco

Tesco discloses £263m profit overstatement as chairman prepares to step down

Tesco has confirmed it overstated profits by £263m as the Deloitte investigation found that there have been similar practices in previous reporting periods.

Convenience stores have contributed to a record low in numbers of staff per store

Number of staff per store falls to record low as shopping habits change

The number of full-time staff per store fell to a record low in the third quarter as retailers shifted to smaller-format stores.

Retail Week\'s Breakfast Briefing

Breakfast briefing: Retail news on Tesco, Debenhams and falling numbers of store staff

Retail news round-up on October 23, 2014:Tesco confirms it has overstated profits by £263m as chairman prepares to stand down, Debenhams profits slump 20%, Number of staff per store falls to record low

Dave Lewis, Tesco

Tesco chief says there was no personal financial gain in accounting scandal

Tesco’s new chief executive Dave Lewis has said there is no evidence of personal financial gain in the accounting scandal that has rocked the grocer.

Morrisons\' previous lab store in Preston. The grocer is looking to roll out doors on fridges and freezers across the estate

Morrisons to trial localised offer in three lab stores

Morrisons is to open three ‘lab stores’ over the next six months as part of an attempt to localise the grocer’s offer.

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