Tesco profits surge by 65%

Tesco profits surge by 65%
UK retail giant Tesco has emerged from the pandemic with operating profits up 65%. However, Tesco warns that current-year earnings could fall as inflationary pressures and the cost of living […]
Mon 18/04/2022 by Richard Wilkinson

Tesco to turn fruit and veg packaging into bin liners

Tesco to turn fruit and veg packaging into bin liners
A new recycling partnership between Tesco and packaging manufacturer Berry Global is to transform soft plastic from fruit and vegetable packaging into bin liners. Tesco has expanded its number of […]
Wed 09/03/2022 by Richard Wilkinson

UK retailers enjoy stronger than expected Christmas

UK retailers enjoy stronger than expected Christmas
UK retail giant Tesco has reported a strong Christmas for sales, despite growing cost pressures and supply chain challenges. Tesco reported a 2.7% rise in like-for-like sales for its core […]
Wed 19/01/2022 by Richard Wilkinson

Tesco opens first “Just Walk Out” store

Tesco opens first “Just Walk Out” store
Tesco has opened its first “just walk out” branch. The Tesco Express store in Holborn, London, has recently reopened after refurbishment with new pay gates and cameras installed in the […]
Wed 18/08/2021 by Richard Wilkinson

Tesco to close international wholesale arm

Tesco to close international wholesale arm
Tesco has announced plans to close its international wholesale business by the middle of next year. Despite the business “performing well” last year, Tesco made the decision to shut it […]
Wed 16/06/2021 by Richard Wilkinson

Carrefour and Tesco call time on alliance

Carrefour and Tesco call time on alliance
  © Kjpargeter, Freepik (modified) Carrefour and Tesco are to end their purchasing alliance, according to a Reuters report. In a joint statement, the companies said that“they have decided not […]
Tue 15/06/2021

Amazon set to eclipse Tesco within 5 years

Amazon set to eclipse Tesco within 5 years
  Amazon is projected to surpass Tesco as the UK’s top retailer within the next four years, according to a new report released by Edge Retail Insight. Though Tesco’s current […]
Mon 14/06/2021

Growth of online grocery sales slows in UK

Growth of online grocery sales slows in UK
UK grocery sales were up by 7.4% in the first 12 weeks of 2021, down 3% compared with the same period in 2020, according to Kantar data.
Thu 22/04/2021 by Richard Wilkinson

Subscribe to our Newsletter

Most read on social media

Popular news