Tesco to devote more space to yellow label clearance items
Shoppers are hunting low food prices due to the cost-of-living squeeze said the grocer
Company
Tesco PLC
LON:TSCO
Tesco - the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores.
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Tesco fails to deliver Christmas cheer as website crash wreaks havoc
Delivery Saver customers were told they could book a slot from 6am today, but some complained that the queue was opened before the advertised time.
Heinz Ketchup tops list as prices of big food brands rocket
Well-known brands of sauces, biscuits, bread, crisps, chips, butter and milk have all seen rises of more than 20%
Tesco and Shell among FTSE 100 groups worried by ESG posturing- report
Bosses of big companies have accused institutional shareholders of ‘subcontracting' decision making
Burger King, Pizza Hut, KFC could face shortages as workers at Tesco food suppliers arm vote on strike action
Best Food Logistics' workers have rejected a 6% pay offer, which would amount to a real-terms pay cut this year and into next, the GMB union said
Grocery essentials see biggest price rises but may be flattening, ONS finds
Tea prices were up nearly 46%, while chips, bread and biscuits all rose by more than a third
Asda opens two convenience stores as it prepares to take on Co-op forecourts
Britain’s third-largest supermarket is also in the process of acquiring 132 convenience stores from the Co-op Group – separate from the other two
Archive
Tesco shares higher after leading investment bank lends its support to the investment thesis
Barclays Capital repeated its 'overweight' recommendation on the stock
Tesco - Goldman Sachs and Credit Suisse lower 2024 forecasts
Margin pressures, higher wage inflation and lower savings than previously forecast were behind forecast revisions by the two investment banks.
Tesco planning to cut 325 head office jobs while raising the pay of its store employees
Tesco said it hopes those losing their jobs could move into other positions at head office
Tesco's profit forecasts for 2024 cut by Shore Capital as uncertainties mount
The broker is nervous for the 2024 earnings outcome, highlighting a number of factors: persistent inflation, contracting living standards, Bank of England and UK government incompetence, elevated operating costs and higher gilt yields
UK supermarkets accused again of profiteering over petrol prices
"RAC Fuel Watch data has shown margins to be around 17p a litre – a huge 10p more than normal"
Tesco trims profit guidance as cost and competitive pressures bite
Delivering first half results the group, the supermarket group said “significant uncertainties in the external environment still exist, most notably how consumer behaviour continues to evolve.”
Tesco interims to dominate Wednesday's agenda as markets looks for reassurance
Shore Cap analyst Clive Black has forecast a first-half profit for Tesco of £948mln
UK food prices could rocket £1.7bn as carbon dioxide costs surge 3,000%
In the first quarter, pubs, supermarkets and farms already had to pay approximately 71% more for gas than in the comparative period of 2021
Tesco results to reveal state of play for the grocery market after Morrisons horror-show
In the retailer’s first-quarter update, the group kept its profit and cash guidance unchanged
List of stores to close on Monday for the funeral of Queen Elizabeth II
Most shopping centres are expected to remain open, leaving the final decision to the individual retailers
Coca-Cola, Tesco and McDonald's in dirty dozen of worst UK packaging polluters, survey shows
"Despite public sustainability commitments, these dirty brands are failing to take meaningful action to stop this harm,” said Hugo Tagholm, chief executive of Surfers Against Sewage
Tesco 'a core holding' with storm clouds ahead, says broker
The grocer is executing its strategy well said Shore Capital
UK consumers cut back in their millions on food and essentials: ONS data
Two out of five people who earn between £10,000 to £30,000 are cutting back on food and essentials