Tesco news

The latest release from Kantar, tracking the performance of GB grocery retail over the 12 weeks to 18 April 2021, shows that sector growth slowed to 5.7%, as sales met the tougher comparatives of the early pandemic in 2020 and non-essential retail and the out-of-home sectors began to open from 12 April, beginning the resumption of a more normal competitive retail landscape.  However, Kantar indic...

The convenience channel remains a great opportunity for growth. We have published a series of new reports for our IGD Retail Analysis subscribers: The convenience channel’s global outlook Global growth opportunities Multiformat retailers trading convenience stores Below are some of the key highlights to help you plan for the future... Use IGD’s view to drive change...

The UK is in the process of cautiously easing its COVID-19 lockdown restrictions. The country is currently in stage two, which allows two households or groups of up to six people to socialise in an outdoor setting. With new lockdown measures in place, people are looking to spend more time with their family and friends in outdoor spaces. We explore the impact the easing of lockdown has had on s...

Tesco has outlined how it plans to focus more on value, loyalty, online and sustainability following the release of exceptional full year results. In this article we look at Tesco's progress over the past year and current areas of focus for the business. Headline results Group sales: +7.1% to £53.4bn (+7.0% at constant exchange rates) UK & Ireland LFL sales +6.8%, (H1 +7.2%%, H2 +6.5%...

Tesco has identified five areas where it believes it can make the most difference: cutting waste, reducing emissions from energy and transport, sustainable food production, net zero climate ambition and sustainable diets. Tesco claims ‘Food production is linked to 70% of biodiversity loss on land, and globally, emissions from food waste are higher than from any country on earth, except for US...

Tesco and recipe box provider Simply Cook have joined forces to launch a meal kit offer in the retailer’s Express stores, according to The Grocer. Let’s Cook bay introduced The initiative from Tesco’s Incubator programme will see a ‘Let’s Cook’ bay introduced to chiller cabinets that invites shoppers to create a meal for two for £6 by choosing a protein, vegetable, carbohydrate and a Simply...

The GB market grew 7.4% in the 12 weeks to 21 March, according to the latest results from Kantar. This period sees the annualisation of retailers’ performance against the record-breaking sales of March 2020, when the country went into its first lockdown. Sales over the most recent four weeks were down 3% versus last year, with shoppers making 117m fewer trips to the supermarket than in March 2020...

Tesco has launched what it claims is the UK’s biggest recycling network for soft plastics. Many local councils do not collect soft plastics, meaning most ends up in landfills. Tesco has opened soft plastic recycling points at 171 stores across South West of England and Wales. Recycling soft plastics Tesco launched the collection points after a successful trial at 10 stores. Shoppers were po...

Salling Group’s discount banner Netto has completed its acquisition of Tesco Poland , following approval from local competition authorities. The move will see Salling Group acquire 300 stores and two distribution centres. For Tesco, the exit from Poland reduces its central European business to the three much smaller markets of Hungary, Czech Republic and Slovakia. Netto’s biggest inves...

This year, Mother’s Day in the UK will be celebrated on 14 March. Despite lockdown measures easing from 8 March in the UK, most restrictions will still be in place, meaning it will not be a standard Mother’s Day for many. Regardless of this, shoppers continue to seek ways to celebrate the event, but in a safe and memorable way. We highlight seven best-in-class initiatives this Mother’s Day, fol...