Tesco news

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...

The Irish market grew 16.3% in the 12 weeks to 21 February, according to the latest results from Kantar. The festive season and the reintroduction of lockdown restrictions were the main drivers of growth. The market: slow growth lies ahead Growth accelerated further in the last four weeks, with sales reaching +17.7%. This was the highest level since November 2020. On average, household's ...

We look at some of our favourite in-store campaigns for Mother’s Day in the UK in 2021. Tesco: ‘For Each and Every Mum’ Tesco is capturing shoppers’ attention with its vibrant and clear Mother’s Day campaign signage. It uses images of mothers and children to help encourage spending driven by emotions. It also makes it easier for shoppers to spot the relevant displays.  Source: ...

Tesco has set out a new healthy eating strategy designed to make the retailer a destination for affordable, healthy, sustainable food. The plans, which cover the period until 2025, include a major new programme of product reformulation, changes to prices and promotions and an expansion of Tesco’s plant-based ranges.  Progress against these plans will be reported publicly, underpinned by new t...

The GB market grew 12.5% in the 12 weeks to 21 February, according to the latest results from Kantar. This period included Christmas and the reintroduction of lockdown restrictions, which drove growth. Strong growth is now expected to slow Sales accelerated further in the last four weeks to +15.1%. This was the fastest rate of growth since June 2020. Market growth is however now expected to...

After the tumultuous year that was 2020, what can we expect in the grocery sector in the year ahead? In this second article I will consider the changes impacting and affecting retailers. Readers can access our first article on trends impacting shoppers here . 4. New wave of store format innovation Across the Big Four we’re seeing a new wave of format innovation centred around compact fo...

Charoen Pokphand Group, which acquired Tesco’s stores in Thailand and Malaysia, has introduced a new logo and name. From Lotus supermarket to Tesco Lotus and back to Lotus’s CP Group ran into financial challenges in 1998 during the Asian financial crisis and sold 75% of its stake in Lotus supermarket to Tesco. The stores were renamed to Tesco Lotus then. CP re-purchased the Southeast Asian ...