Tesco news

24 May 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 15 May 2022 total till roll consumer spend in Great Britain fell by 4.4% versus 2021. This was the second month in a row when sales fell underlining how the opening of the industry as the pandemic’s effects lessen has also been impacted by rising inflation. The fall came despit...
23 May 2022
Despite the government announcing revised dates for some HFSS restrictions , Tesco and Sainsbury’s have committed to implementing the ban on volume-led promotions from October. Tesco’s decision sees it following the shopper… Announcing its decision Tesco said it had made the decision after its research showed ‘ 86% of customers [said] they want to eat more healthily, and 77% want help fr...
19 May 2022
Tesco and WWF are to launch an accelerator programme that aims to fast-track sustainability innovation in the supply chain and ultimately cut the environmental impact of food and support UK food security. Innovation Connections aim to help scale improvements Through the programme Tesco and WWF will pair applicant companies with ‘ long-term Tesco suppliers to pitch scale-up projects that app...
16 May 2022
The government has announced revised dates for some HFSS restrictions. What has changed? There have been two major changes to the timelines of implementing HFSS policies: Restrictions on volume price promotions e.g., BOGOF have been postponed by one year, until October 2023 The restrictions banning HFSS adverts on TV before 9 pm and paid-for adverts online will also be paused for...
12 May 2022
After Tesco’s chief executive, Ken Murphy, discussed the part it was aiming to play by creating better baskets for its customers and the planet, the retailer has brought the initiative to life in store. Better Baskets logo to help shoppers make better choices Under the initiative, which was discussed in March 2021, Murphy set out how Tesco was aiming to reach its net zero climate target in ...
05 May 2022
Tesco is to partner with Uber Eats, which will see the latter’s network of couriers deliver orders as part of Tesco’s Whoosh one-hour delivery service. Orders to be made through Tesco’s digital channels The partnership will see Uber Eats simply deliver the orders on behalf of Tesco, with orders still being made through Tesco.com or the retailer’s Grocery and Clubcard apps, rather than on Ub...
26 April 2022
The latest release from the insight business Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 17 April 2022 grocery retail spend in Great Britain fell by 0.6% versus 2020. This is the first time since the beginning of the pandemic that this comparative has been negative, showing once again the impact the first lockdown had on boosting the sector. Compa...
13 April 2022
As Tesco releases its annual results, Senior retail analyst Nick Gladding shares his initial thoughts on today’s numbers and what they tell us about the direction of travel at the UK market leader. Strong performance across the group drives sales and profits Group sales growth of 3.0% in the year to February 2022 is undoubtedly impressive against highly challenging pandemic elevated compara...
29 March 2022
The GB market declined by 6.3% in the 12 weeks to March 20th against 2021’s elevated performance, according to the latest data from Kantar. This result is being driven by the eating out sector reclaiming some spend from retail and food-to-go sales also picking up as socialising and working patterns begin to normalise. Compared to March 2020 when the pandemic impact started, sales were ahead by ju...
22 March 2022
As Biedronka looks to expand its quick commerce service in Poland and Tesco is growing the coverage for its ecommerce store in the Czech Republic, we round up news from the region. Biedronka evolves strategy for ‘digital convenience’-focused future… Poland-based trade publication Wiadomosci Handlowe has reported that Biedronka is expanding its Biek quick commerce delivery solution, which ...