Tesco news

02 March 2022
City officials in the Netherlands and USA are creating legislation that will impact expansion plans and delivery times, while retailers are expanding their partnerships with quick commerce operators. I also round up some of the latest activation I’ve seen from quick commerce pure plays Gopuff and Getir, including a focus on loyalty and seasonal events. Legislation impacts growth In the N...
01 March 2022
Retailers are beginning to prepare for HFSS (high fat, salt, and sugar) regulations that are due to come into force this October, testing out new gondola ends, promotional mechanics and highlighting healthier products. We visited Sainsbury’s and Tesco to understand more about these trials, and other initiatives they are currently trying. We pick up five key learnings from these visits about fu...
01 March 2022
The GB market declined 3.7% in the 12 weeks to 20 February against 2021’s performance, according to the latest results from Kantar. Despite the decline seen against 2021, sales remain significantly higher than in 2020, up by 8.4%. Inflation continues to rise Grocery inflation reached 4.3% in February. Other than the start of the pandemic, this is the fastest rate of inflation growth seen ...
01 March 2022
Loyalty in food-to-go has become increasingly important since the start of the pandemic as operators tried to maintain customer engagement . Now, retailers are starting to include food-to-go as part of their loyalty schemes, with Tesco and M&S announcing changes to their Clubcard and Sparks schemes over the weekend that will directly impact food-to-go shoppers.   Tesco Over the weekend...
11 February 2022
Last October, Tesco relaunched its strategy, partly in response to changed shopping preferences but also in recognition of a materially different competitive landscape as the Covid-19 pandemic passes. But five months on, how much progress has Tesco made? With the retailer’s financial year ending later this month, we explore how Tesco is delivering against its four new priorities. "Delivering m...
10 February 2022
This year, over 629,000 people from 228 countries signed up for the Veganuary campaign pledging to try a plant-based diet for the month of January. In our Veganuary 2022 report we highlight standout retailer and brand initiatives aimed at encouraging and supporting people to adopt a plant-based lifestyle. Below we look at the performance during Veganuary for two UK retailers. 1. Aldi’s...
07 February 2022
Tesco chairman John Allan has spoken of how the retailer is acting to limit rising food price inflation. These price pressures and worsening stresses on household budgets come as IGD’s Shopper Confidence Index drops to a record low. Food price inflation could reach 5% John Allan said that he expects supermarket inflation to rise by as much as 5% in the spring as cost pressures, particularly...
01 February 2022
Alongside the closure of the Jack’s fascia , Tesco has announced two major operational changes designed to improve efficiency and enable re-investments in priority areas for customers. Store replenishment to shift to daytime hours Following trial rollouts, Tesco will switch from overnight to daytime stock replenishment in 36 large stores and 49 convenience stores. Announcing the change, Te...
01 February 2022
Tesco has announced the closure of all 13 of its Jack’s discount stores in order to concentrate resources on delivering value through its main business. Six of the stores will convert to Tesco superstores while the remaining seven will close in the coming months. In this article we explore why Tesco is closing down the fascia and what it has learned from the Jack’s experiment. Why is Tesco clo...
13 January 2022
Tesco has lifted its profit forecast following very positive Christmas trading. In this article we explore what drove this success and how it plans to continue the momentum in the year ahead. Value and quality drive UK growth Tesco’s 0.3% growth over the six weeks to January 8 th and 8.8% over two years confirms the retailer’s position as one of the key winners from the Christmas trading p...