Tesco news

Following last week’s IGD Tesco Trade briefing, during which Tesco highlighted the importance of enhanced collaboration to drive efficiency and mitigate the cost-of-living crisis, it has come to light that Tesco is trialing increased levels of palletisation in at least one of its stores to assess how this might impact instore productivity.   The merchandising of products on pallets is, of cour...

In newly released five-year market forecasts, IGD predicts the grocery market will grow by 11.3% over the next five years from £216.8bn to £241.3bn. While inflation will underpin the majority of growth in 2022, with a 3.5% value increase predicted, this will moderate from 2023 onwards. With the war in Ukraine impacting the UK supply chain and food prices expected to increase by 8.9% in 2022, I...

We round up three developments in the market as Tesco receives clearance for its purchase of Joyce’s Supermarkets and SPAR South Africa announces its first half results, discussing BWG’s performance. Tesco receives clearance for Joyce’s acquisition After announcing its intention to purchase Joyce’s Supermarkets in November 2021, Tesco Ireland has received clearance from the country’s Co...

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...

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...

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...

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...

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 ...

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...

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...