All Tesco articles – Page 14
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NewsPret to trial ‘shop-in-shops’ in Tesco as it looks to reach wider customer base
Pret a Manger will open four new shops inside Tesco stores starting with a concession in the Kensington, London superstore in June.
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Retail Navigator AnalysisTesco (SWOT)
Tesco is the UK’s biggest retailer. With its turnaround complete, it has a big opportunity to grow digital and to drive customer loyalty through its Clubcard ecosystem
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Retail Navigator AnalysisTesco (Strategy)
Having successfully completed its five year turnaround, Tesco is working to four key priorities for the business: creating ‘magnetic’ value for customers; creating a competitive advantage through Clubcard and digital; being easily the most convenient; and saving to invest.
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Retail Navigator AnalysisTesco (Overview)
Tesco is the UK’s largest retailer and one of the world’s leading grocers. The Tesco Group also includes Tesco Bank, Tesco Mobile, a network of over 1,000 One Stop convenience stores, Booker - the UK’s leading wholesale business, and data-science operation, Dunnhumby.
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Retail Navigator AnalysisTesco (Financials)
Tesco delivered a rebound in profitability for the year to 24 February 2024 (FY2023) with operating profits surging 100.1% to £2.82bn while pre-tax profits climbed from £0.88bn to £2.29bn. The group saw statutory revenues climb 4.4% to £68.19bn while more widely reported group sales climbed 7.4% to £61.48bn.
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Opinion‘Green is the colour of money as eco credentials shape financier sentiment’
Sustainability has been climbing up the retail industry’s agenda for years and a raft of recent financing deals shows it has now well and truly taken centre stage.
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AnalysisAnalysis: Who is set to win retail’s latest price war?
Retailers ranging from Asda and Sainsbury’s to John Lewis and Asos have all cut back prices this year in a bid to lure cash-conscious shoppers. Which retailers will fare well and which will flounder in retail’s new price war?
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DataData: The grocery winners and losers from the Covid-19 pandemic
Now that most grocers have issued full-year results, Retail Week crunches the numbers on a year marked by the coronavirus pandemic that supercharged food retailing.
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AnalysisFive ways to turn your staff into customer champions
Retail Week’s Customer Champions report, produced in association with Critizr, outlines the crucial role of frontline staff in welcoming customers back to stores.
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OpinionAO’s Danny Emmett: ‘Pitting online and in-store against each other is a false fight’
Great innovators from Henry Ford to Steve Jobs had it right. Don’t just give customers what they ask for, give them what they don’t know they want yet
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AnalysisAnalysis: How Tesco’s Clubcard revival opens up new horizons post-pandemic
Following a year fundamentally shaped by the coronavirus pandemic, Tesco boss Ken Murphy set out his vision for utilising the strength of the retailer’s Clubcard customer base to put clear water between the grocer and its competitors.
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Opinion‘Retail not essential? Try telling that to reopening day shoppers’
There was a joyful sense of release on Monday when, after three months of lockdown darkness, so-called non-essential shops reopened.
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NewsTesco full-year sales climb, profits dampened by rates relief return
Tesco boss Ken Murphy hailed the grocer’s “incredible strength” as it reported a rise in full-year sales and profits notwithstanding its business rates repayment.
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OpinionKen Murphy: ‘What Tesco is doing to tackle climate change now’
The food we eat – how it is produced, processed and transported, how much we eat or waste – has a significant impact on the environment. Food is responsible for nearly a third of global greenhouse gas emissions and almost 70% of global biodiversity loss on land.
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AnalysisDeep dive: How much Amazon and Walmart are investing – and should you follow suit?
As retailers ramp up for the new normal, how are titans Inditex, Tesco, Walmart, Amazon and Walgreens investing?
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AnalysisFootprint calculator and sustainable labelling: what Textiles 2030 means for fashion
The UK government has unveiled several initiatives in a bid to tackle the environmental issues surrounding the fashion industry and support a sustainable future – but what will it mean for retailers?
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NewsPret ties up with Tesco for first foray into supermarket food
Pret a Manger has struck a deal with Tesco to sell a range of its frozen croissants in 700 of the grocer’s stores.
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NewsTesco store managers face job shake-up as part of stores restructuring
Tesco has put thousands of store-manager roles into consultation as it launches a major shake-up of its larger stores.
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DataData: Grocery sales surge in February as online share hits record high
Grocery sales registered the strongest increase last month since June 2020 as Ocado and Iceland both delivered substantial growth.
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AnalysisAnalysis: What’s the best alternative to the broken business rates system?
Everyone seems to agree the UK’s outdated business rates are broken and its many detractors claim the system is crippling hopes of retail recovery post-lockdown. Yet there is less unanimity about finding a fairer alternative, as Mark Faithfull discovers.