Tesco

Tesco signs ‘largest’ PPA to power 144 supermarkets

Tesco has signed its largest UK Power Purchase Agreement (PPA), which has secured 65% of the solar power generation from…

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Tesco ups FY guidance as sales and profits rise in H1

Tesco has upped its full-year guidance after a period of “strong momentum” and rising profits in its half-year results, with…

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Tesco backs 16 new brands as part of accelerator programme

Tesco has stepped up its commitment to championing diverse new brands by adding 16 new brands to its 2024 accelerator…

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Tesco staff to receive £30m pay out from share scheme

More than 20,000 Tesco employees are set to receive a £30m bumper pay out after the strong performance of the…

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Tesco maintains guidance and grows market share as Q1 sales rise

Tesco has revealed that its market share has risen to 27.6% in the 13 weeks ended 25 May 2024, as…

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Tesco signs new wind farm deal to accelerate renewable energy projects

Tesco has announced it has signed a new deal to take 150GWh of power from Stranoch wind farm every year. …

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Tesco CEO pay doubles to almost £10m

Tesco CEO Ken Murphy has seen his pay more than double over the last year, taking home £9.93m, as the…

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Tesco boss to receive record £10m pay packet

Tesco’s chief executive Ken Murphy is set to receive a £10m pay this year, according to The Times. The unprecedented…

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Tesco profits soar in FY results as inflation eases

Tesco has seen pre-tax profits soar by 159.5% to £2.3bn in its full-year results, up from £882m the prior year,…

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Tesco launches collaborative VC fund with global grocery retailers

Tesco has become one of five leading global grocery retailers to establish a “pioneering” collaborative grocery venture fund, W23 Global.…

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