Tesco news

05 October 2022
As Tesco reports on its performance in H1, which showed Group sales, excluding VAT and fuel, rose 3.5% (at constant exchange rates) to £28.2 bn, I look at the five key numbers that stood out in the results. 1. UK like-for-like growth of 0.7% Versus recent announcements from Co-op and Morrisons , which saw them post like-for-like sales contractions of 0.7% and 3.1%, albeit for differe...
30 September 2022
As Tesco works with Ikea and toothpaste manufacturers on separate trials, we round up news from the retailer. Tesco and Ikea collaborate on collection points Ikea will trial click and collect points in car parks at seven Tesco stores as part of an expansion of its Collect Near You service. The retailers have said they will trial the solution for six months. Ikea shoppers will be able to col...
16 September 2022
As Tesco and The Entertainer partner for toy concessions and Morrisons sets out its ambitions for the Morrisons Daily banner, we round up developments in the market. Tesco and The Entertainer partner for toy concessions A little time after Asda opened its Big Toy Shop , following the ending of its trial with The Entertainer, the latter has signed a partnership with Tesco to trial the add...
13 September 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 4 September 2022 total till roll consumer spend in Great Britain rose by 3.8%. It noted this was the third month in a row the market had seen growth, following more than a year of declines, due to challenging comparisons driven by the pandemic. Discounters benefiting from risin...
31 August 2022
Tesco has unveiled a new bakery concept for its larger stores. The concept, badged ‘The Bakery’, features an enhanced look and feel, with new décor, shelving and signage, as well as an overhauled assortment including reformulated products, limited edition ranges and more loose items. Source: IGD Research Different sections include Everyday Favourites, Tesco Finest Signature Bakes, ...
25 August 2022
As the cost-of-living continues to rise and shopper confidence remains low , we expect shoppers to implement additional savvy shopping techniques to help with their rising food and grocery costs. Competitive pricing through loyalty schemes could help shoppers to save more as the economic outlook worsens. Our shopper loyalty scheme trends report looks to understand how shoppers use loyalty sc...
17 August 2022
As Tesco, with dunnhumby and other third-party companies, launches new digital solutions, we look at what they are and what they mean for the retailer. Tesco creates ‘UK’s largest retail-based digital display advertising network’ Tesco, in conjunction with dunnhumby and JCDecaux, has created what it claims is the UK’s largest retail-based digital display advertising network. Tesco’s SmartSc...
29 July 2022
With around two months to go until the regulations on the physical placement of HFSS products in stores in England come into force it is becoming clearer how retailers are preparing for the new laws. Retailers evolving four main areas of the store It is clear from the steps taken so far, retailers are adapting their stores in four main areas, promotional ends, in-aisle activation, at the ch...
29 July 2022
Back in January, we set out our shopper predictions for 2022. What we didn’t expect was just how turbulent this year was going to be, and the worst may still be yet to come! We have a brand-new report on ShopperVista reflecting on the predictions we made at the start of 2022, looking at how they are evolving in the current environment and what we think is to come in the latter half of 2022. We...
27 July 2022
Loop has announced that its one-year trial with Tesco is set to end. Announcing the trial’s end Loop said that ‘ Tesco has decided to end the trial to reflect on the insights collected. This means the reuse area will soon be removed from your Tesco store .’ Customers with Loop packaging have until 31 October to return their packaging to one of its return points. Loop highlights positive custom...