Retailers/Tesco/News

Join the Tesco Leadership as they share their progress on strategic priorities and plans for the year ahead.

Tesco news

16 March 2023
Tesco is set to introduce Amazon style ‘fulfilment fees’ for suppliers to its online stores. Fees to apply to both online and wholesale The fees, revealed by The Grocer, are set to be in place from as early as this week with the retailer rumoured to be charging 12p per unit for branded products and 5p per unit for own label items. The fees will apply to both online and wholesale. Separately...
03 March 2023
Sainsbury's and Tesco have both hit significant milestones in their convenience operations this week.  Sainsbury’s breaches £3 billion in convenience revenues Sainsbury’s has announced that its convenience stores have achieved sales of £3 billion for the first time. The business, which comprises over 800 stores across the UK, grew 10% year-on-year in the financial year to date and are up 7%...
01 March 2023
Tesco is poised to expand its partnership with Mexican food-to-go specialist Burrito Kitchen in its London stores. Burrito Kitchen opened a Mexican food kiosk in the Tesco Metro (now an Express) in Cheapside in 2015. Since then, Burrito Kitchen – which operates standalone restaurants in Millbank and the Merry Hill shopping centre – has since gone on to take over the operations of the salad bar...
01 March 2023
A year after introducing Clubcard pricing to the meal deal and a few months on from increasing meal deal prices , Tesco has made further changes to its food-to-go offering, adding a premium deal to the range. Source: IGD Research   Why is the tiered mechanic so popular? Following the likes of Sainsbury’s , Amazon Fresh and Morrisons, the premium deal means Tesco i...
23 February 2023
Tesco Czech Republic has launched a couple of new initiatives to counter food waste: a new app to facilitate donations to food banks and a change to in-store merchandising for products approaching their sell-by dates. Launch of Foodiverse app Tesco offers unsold surplus food from its stores every day to non-profit organisations that work with food banks. The new Foodiverse app will facilita...
02 February 2023
Tesco Slovakia has stopped printing and distributing regular weekly leaflets. The promotional offers are now available via digital leaflets in the Clubcard app and on the tesco.sk website. The move is expected to save 1,700 tons of paper annually and will also enable shoppers to access more tailored promotions. In a separate move, the retailer has introduced discounts for senior citizens, a re...
31 January 2023
After the stationery and greetings card retailer Paperchase collapsed into administration, Tesco has revealed that it has acquired the brand and its intellectual property. The acquisition does not include and stores or physical assets and the stores are expected to cease trading.  Tesco managing director of home and clothing Jan Marchant said: “ Paperchase is a well-loved brand by so many, and...
31 January 2023
Tesco has revealed some proposed changes to its business to “ ensure we remain focused and competitive in a fast-changing market. We continually review the way we operate to make sure we are meeting customers’ needs and supporting colleagues in a sustainable way. This means doing more of what works and stopping or simplifying where we need to, so that we’re running our business as efficiently as ...
31 January 2023
Tesco has begun 2023 with a flurry of new sustainability initiatives in packaging and farming, as it strives to hit its environmental objectives. Private label tea bags to go plastic-free Tesco has started the move to make all its tea bags compostable via food caddies and local authority recycling. The move means all tea bags sold by Tesco will be compostable by the summer, which equates to...
12 January 2023
Tesco has published its Q3 and Christmas trading update, noting that Q3 like-for-like sales were up 5.7% and were ahead by 7.9% in the Christmas trading period. LFLs were up by 4.3% in the UK, 5.3% in Ireland, 9.3% for Booker and 12.3% in Central Europe. UK trading well Key trading highlights in the UK included: Tesco offered its “ most competitive offering to date, delivering further...