Tesco news

01 December 2021
Tesco launched a new platform for brands and agencies that promises to enhance their understanding of customer behaviour and deliver a richer and more personalised experience. ‘Tesco media insights powered by dunnhumby’ brings together Tesco’s understanding of its customers, gained from Tesco Clubcard and instore insights, with dunnhumby’s leading data science expertise. Together these sources...
01 December 2021
Tesco has made its first acquisition in Ireland since it entered the market in 1997. What? Tesco has acquired all 10 supermarkets of Joyce’s in Galway for an undisclosed sum. The deal is subject to approval by the Competition and Consumer Protection Commission (CCPC) but is expected to be approved soon. The Joyce family will retain full ownership and control of their other business int...
22 November 2021
Major national UK convenience retailer One Stop has reported strong growth in newly filed 2020/21 accounts. Pandemic boosts growth Despite availability challenges at the start of the pandemic, like-for-like sales jumped 15.5% in the year to February 2021 as the Tesco subsidiary gained from the trend towards local shopping during the pandemic. Total revenues however only advanced by 4.1% d...
18 November 2021
Tesco, Asda, Sainsbury’s and Morrisons are the latest UK retailers to launch their Christmas adverts. These highlight the joys of celebrating Christmas with family and friends, which was a challenge in 2020. Tesco Tesco has taken a fun approach with its Christmas advert, spotlighting a woman with a ‘Nothing’s Stopping Us’ attitude this Christmas. It offers a humorous perspective to the ch...
10 November 2021
Morrisons and Sainsburys have announced they will cut their net zero target by five years to 2035. Meanwhile, Co-op has rebranded six stores to reflect the importance of climate change and the purpose of the COP26 event and, finally, Tesco is planning to halve the environmental impact of the average UK basket size. Morrisons sets new goal for its net zero target… Morrisons is planning to be n...
09 November 2021
The GB market declined 1.9% in the 12 weeks to 1 November, versus 2020’s performance, according to the latest results from Kantar. Grocery spend remains significantly higher than in 2019, at +7.3%. We look at these results in more detail, including Tesco’s positive performance and the discounters’ market share gains. Large trips continue, as online sales stabilise Purchasing habits seem ...
29 October 2021
Tesco has announced it has launched a pilot in partnership with quick commerce pure play Gorillas, offering customers delivery in 10 minutes. Micro-fulfilment sites at Tesco stores Shoppers can now purchase Tesco products via the Gorillas app with rapid delivery to customers in a selected area. As part of the partnership, Gorillas will set up micro-fulfilment sites at five large Tesco store...
19 October 2021
Tesco has opened its first checkout-free store in Central London allowing customers to shop and pay without scanning a product or using a checkout. The rollout of the technology to Tesco High Holborn Express follows a successful trial at Tesco’s Welwyn Garden City Express store which has been in place since 2019.  High Holborn Express has been a cashless store since it opened in 2018. ...
13 October 2021
For several years, shoppers have shown a growing interest in their health and well-being. Grocery retail is one of many stakeholders that has responded by improving access and choice. The COVID-19 pandemic has intensified shoppers’ interest in this area, creating a new wave of interest. This aligns with one of our expectations for a post-pandemic world, which will see shoppers look to the indu...
06 October 2021
Following strong sales growth in H1, Tesco has launched four new strategic priorities designed to deliver multi-year top line and profits growth in a highly dynamic retail environment. Tesco has also updated its purpose to incorporate the growing importance of sustainability and communities into how it operates. Tesco’s four new strategic priorities Magnetic value for customers: Tesco’s a...