Tesco

Tesco launches £150m share buyback programme

Tesco has announced it has entered into an arrangement with HSBC Bank plc to repurchase shares on behalf of the…

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Supermarket Income acquires four supermarkets in £82.9 deal

Supermarket Income REIT plc, a real estate investment trust, has announced it has acquired two supermarket sites for a total…

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Tesco to stop stocking Heinz over price row

Heinz has stopped supplying Tesco after a row between the two companies about price increases on baked beans, tomato ketchup…

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Asda joins retailers in rejecting online sales tax

Asda has reportedly told the government that introducing an online sales tax (OST) will harm retailers and shoppers that are…

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Alex Freudmann has been made managing director of M&S Food

Marks and Spencer has appointed Alex Freudmann as managing director of food, in a planned succession to Stuart Machin, the…

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Deliveroo appoints new chief financial officer

Deliveroo has announced that it has appointed Scilla Grimble as its new chief financial officer. Grimble, who is currently chief…

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TDR snaps up eBay’s head of Europe

Asda owner TDR Capital has reportedly snapped up eBays head of Europe to become a partner at the firm from…

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Tesco sales fall amid changing customer behaviour

Tesco has revealed its UK sales dropped 1.5% for the 13 weeks ended 28 May 2022 (Q1) following changing customer…

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M&S appoints non-executive director

Marks and Spencer Group has announced today (16 June) that Ronan Dunne will join the board as a non-executive director…

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Lidl to take Tesco to court over logo battle

Supermarket rivals Lidl and Tesco are set to face off in court after the German budget retailer claimed the ‘Big…

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