Tesco news

In the first read of Christmas trading, Kantar has recorded sales were down by 3.0% on the lockdown-elevated levels of 2020 for the 12 weeks to 26 December 2021. Despite this shopper spend remained 8.0% higher than in 2019. Robust December sales Over the month of December sales of £11.7bn were just 0.2% lower than 2020, suggesting increased festive celebrations at home due to the Omicron ou...

Tesco has launched a new platform for brands and agencies that brings together the data science capabilities of dunnhumby and Clubcard loyalty data in a closed loop. For suppliers, the partnership promises to enable more personalised and targeted communications with customers, while also delivering a more granular understanding of shopper behaviour. ‘Tesco media insights powered by dunnhumby’ ...

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...

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...

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...

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...

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...

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. ...

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...

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...