Tesco

Mothercare CEO takes £132k pay cut and rejoins

Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated…

Read More »

Mothercare to shut 50 shops and restore CEO Mark Newton-Jones

Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with…

Read More »

Amazon could buy Morrisons amid upbeat results

It has been suggested that Amazon could be buying Morrisons in order to challenge UK supermarkets and the Asda-Sainsbury’s merger,…

Read More »

Asda-Sainsbury’s merger: Committees pen letter fearing ‘dominance’

The Environment, Food and Rural Affairs (EFRA) and Department for Business, Energy and Industrial Strategy (BEIS) Committees have written a…

Read More »

Tesco distribution workers to strike over Pay Review

Workers at Tesco’s Dagenham distribution centre are striking for 24 hours due to a dispute over the 2017 Pay Review.…

Read More »

Sainsbury’s and Asda £13bn merger to leapfrog Tesco

Supermarket giant Asda has agreed to a proposed merger with Sainsbury’s, worth £13bn. Sainsbury’s CEO Mike Coupe said no stores…

Read More »

Hearty Food Company products recalled by Tesco

Tesco has recalled the Hearty Food Company Sausage and Mash and Cottage Pie, as they contain milk not mentioned on…

Read More »

Plastic packaging pact signed by 42 UK firms

Some 42 UK firms including all of the big five supermarkets (Asda, Sainsbury’s,Tesco, Morrisons and Lidl) have signed a pact…

Read More »

Hobbycraft appoints Tesco CEO as chairman

Arts and crafts retailer Hobbycraft has has appointed Tesco UK CEO Matt Davies as its new chairman. Davies is currently…

Read More »

Tesco defies retail struggles amid ‘year of strong progress’

Tesco has posted a marked increase in its annual profits and called 2017 a “year of strong progress” in its…

Read More »