All Tesco articles – Page 6
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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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NewsTesco has upped its profit guidance as sales exceed expectations in the first half
Tesco has increased its full-year profit guidance for 2025 as volume sales growth exceeded expectations in the first half.
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DataRanking: The most sustainable retailers according to shoppers
New data collected by Lumina Intelligence exclusively for Retail Week shows customers believe Marks & Spencer and Tesco are the most sustainable retailers.
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AnalysisThe power of a strong retail slogan
As John Lewis reports a rise in visits following the reintroduction of ‘Never Knowingly Undersold’ earlier this month, we can see the power of a retail slogan. We asked some of retail’s best marketers for their favourite retail slogan and why it works
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NewsTesco is set to bring its F&F range back online
Tesco is planning to relaunch its F&F clothing range online six years after being axed.
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NewsAldi CEO Giles Hurley has emailed the ‘eye-opening’ Panorama investigation findings to customers
Aldi boss Giles Hurley has emailed customers to flag the BBC’s Panorama investigation into supermarket price-matching, warning shoppers to be wary of other retailer’s claims.
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NewsTesco’s Aldi price-match scheme is under scrutiny following Panorama investigation
Various products on Tesco’s Aldi price-match scheme are not like-for-like matches with those of the discounter, according to an investigation by BBC’s Panorama.
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NewsSupermarket convenience stores are found to charge ‘up to a fifth’ more than bigger branches
Supermarket convenience stores have been revealed to cost shoppers up to 21% more than if they were to shop at larger branches, according to a study by Which?
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Opinion‘Plenty of lessons can be learned from unusual Tesco fire and rehire court case’
There are a number of lessons to be learned from the Supreme Court’s ruling against Tesco’s practice for firing employees and re-hiring them under new contracts.
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Opinion‘As Asda flounders and Aldi’s sales slow, the battle for this year’s Christmas table will dictate grocery success’
The seasonal showdown in grocery may be particularly interesting this year at the value end of the market where Aldi, Lidl and Asda will slug it out amid shifting dynamics, says George MacDonald
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NewsIkea is piloting ‘next generation’ lockers in a tie-up with Tesco
Home goods and furniture giant Ikea has launched a trial of “next generation” lockers in Tesco stores.
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NewsTesco has lost its legal battle with Usdaw over fire and rehire
Tesco has lost its legal battle with shopworkers union Usdaw over ‘fire and rehire’ of staff, the UK’s Supreme Court ruled today.
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NewsTesco is launching a new venture to help international grocers with online sales
Tesco is developing a new venture aimed at helping international supermarket chains grow their online businesses.
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NewsTesco faces prospect of strike action as staff reject pay offer
Tesco is bracing for possible strike action across its distribution network after warehouse workers at eight sites rejected a pay offer.
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NewsOcado unveils its sixth round of price cuts across branded and M&S ranges
Ocado Retail has unveiled its sixth Big Price Drop since June 2023, giving customers price cuts across branded, own brand and M&S products.
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NewsTesco has named former Costa and John Lewis exec as customer and digital director
Tesco has appointed Costa Coffee’s former global commercial, marketing and innovation director Becky Brock as its new customer and digital director.
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AnalysisPrice, value and competition: The factors determining this year’s back-to-school winners and losers
As the majority of the back-to-school retail players lock prices across school uniforms and essentials again this year, Retail Week looks at the driving factors of the peak shopping period ahead of the return to school in August and September
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NewsTesco has become the latest retailer to introduce digital product passports
Tesco’s fashion brand F&F will be introducing “digital passports” across its clothing range amid a ramped-up crackdown on sustainability by the European Union (EU), according to reports.
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NewsAsda chair says he is ‘embarrassed’ by performance as he urges co-owner to step back
Asda chair Lord Stuart Rose has said he is “embarrassed” by the supermarket giant’s market share retreat and called on co-owner Mohsin Issa to take a step back from the day-to-day running of the retailer.
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NewsTesco has more than doubled the size of its marketplace in under two months
Tesco has more than doubled the number of SKUs available from third-party sellers on its marketplace less than two months since it launched.