Tesco

Today’s news in brief-27/09/23

Tesco is freezing prices on over 1,000 items until 2024 in response to the cost-of-living crisis. Products like Typhoo One…

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Tesco to sell food bank donation bags in 300 stores

Small donation bags pre-filled with items most needed by food banks are to go on sale in 300 Tesco stores…

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From Tesco to tiles: The eight largest mergers and acquisitions of 2023

This year has seen a large number of M&A deals in the retail industry. In fact, the number of UK…

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Tesco appoints Burberry chair to replace John Allan

Tesco has appointed the chair of Burberry, Dr Gerry Murphy, as its new chairman, who will replace John Allan in…

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Tesco sales up 9% amid signs of easing inflation

Tesco has announced that its sales excluding fuel in the UK and Ireland have risen 9% to £13.8bn for the…

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Tesco profits halve as inflation hits business

Tesco has seen its full-year profits plunge by 50.8% to £1bn, down from £2.03bn the prior year, as inflation took…

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Tesco surpasses Whoosh rollout target by 25%

Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from…

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Tesco sounds out John Allan replacements

Tesco has reportedly begun sounding out potential replacements for its long-time chairman John Allan, according to Sky News. City sources…

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Tesco gives staff third pay rise in 10 months

Tesco has announced that it has agreed to raise its staff’s hourly wages by 72p from £10.30 to £11.02. This…

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Tesco to shake-up management and close counters, 2,100 jobs at risk

Tesco has announced a shake-up of its management structure alongside plans to shutter its remaining hot counters and delis, in…

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