Tesco news

Tesco Ireland has revealed significant investment plans for the remainder of its current financial year. As reported by NamNews, Tesco Ireland will spend €80m opening eight new Tesco Express stores with plans to refurbish 50 other outlets. Tesco Ireland Chief Operating Officer, Geoff Byrne, said the €80m investment was a “fairly significant step-up from what we have been spending. But that...

A round-up of recent announcements on pricing by UK retailers. Tesco turns its focus to baby products Tesco has announced a further round of price cuts across 50 products. A quarter of the reductions will take place on products found in the baby aisle, with Tesco highlighting Pampers nappies reduced by 16% as well as Johnson’s baby shampoo and Florence and Fred cotton buds also seeing pr...

Whether you participate in dry January or go sober for October, there is a trend for curbing alcohol consumption and embracing low or no-alcohol alternatives. The younger generation, health and improved formulations are bolstering growth Gen Z, and younger Millennials are more inclined to be teetotal then the older generations and are reportedly drinking less or abstaining altogether. ...

Tesco has revealed plans for an overhaul of product ranges found in its 2,000+ Express store convenience estate. The move will see more than 50 popular everyday products replaced with lower-priced alternatives, many of which will be from the retailer’s own-brand range. Tesco claims that on average the own-brand replacements will be 40% cheaper than the items they are replacing. Tesco highli...

Tesco has become one of the first retailers in the world to have its net-zero plans validated by the Science Based Targets initiative (SBTI), which includes its efforts decarbonise its use of forests, land, and agriculture (FLAG). The SBTi works with businesses to define a path to achieve their net-zero greenhouse gas amissions, which are considered science-based if they align with the goals o...

In the last few days Morrisons and Tesco have both announced new support packages for British farmers. Morrisons trial support package covering 100% of costs Morrisons will become the first UK supermarket to underwrite 100% of the costs associated with growing crops. The retailer will invest £2m in a year-long trial aimed at helping farmers mitigate the cost and weather pressures of gr...

Tesco and dessert restaurant brand Creams Café have entered a franchise agreement that will see Creams concessions operating as store-in-store spaces inside Tesco cafes. As reported by The Grocer, following a successful trial that has been running since November in its Streatham Tesco Extra store, the first Tesco-run Creams Café will launch in the Gateshead Tesco Extra store today. This will b...

Tesco has reportedly been in contact with suppliers to press for price cuts on healthy products. The move comes as the retailer aims to make healthier food more affordable as part of its ‘Fit for Growth’ programme. As reported by The Grocer, Tesco is also putting pressure on suppliers to reformulate products to reduce levels of fat, salt and sugar. Tesco has committed to 65% of its sales ...

Tesco is partnering with technology solutions company Givex on plans for a digital transformation of its UK-based cafes. Givex was chosen following a successful pilot where it showcased its expertise in delivering complex integrations, including integration into the Tesco Clubcard scheme, payment integration and enabling Tesco staff to use their Clubcard for exclusive discounts. The transfo...

Over the past two weeks, the bakery category has been highlighted as a growing focus for retailers, with developments from Asda and Home Bargains. At Asda, this saw the addition of new product developments and the further rollout of more in-store bakeries at Home Bargains. Home Bargains to expand coverage for in-store bakeries Home Bargains has an estate of approximately 570 stores, 64 of ...