All Tesco articles – Page 2
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Tesco CEO Dave Lewis to quit after declaring turnaround complete
Tesco chief executive Dave Lewis is to step down from his role after declaring that the retailer’s turnaround goals had been delivered ahead of schedule and that it was now positioned for “sustainable, profitable growth.”
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Tesco axes ‘bulk-buy’ Jack’s store but continues expansion plans
Tesco has announced it is axing its largest Jack’s store a year after the retailer unveiled the discount chain, but plans to open three more sites by the end of the year.
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Tesco announces plans to reduce opening hours in 134 Express stores
Tesco has announced plans to reduce opening hours in 134 of its 1,750 Express convenience stores in response to a “challenging, evolving retail environment”.
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Tesco hints at upmarket convenience store concept
Tesco has dropped a strong hint that it is developing a new, more upmarket convenience store format.
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Tesco sales boosted by Booker’s like-for-like 3.1% growth
Tesco has announced a 3.1% increase in like-for-like sales across Booker in the 13 weeks to 25 May, despite a slowdown in the group’s underlying UK sales growth.
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Tesco full year profits leap 28% as it tracks turnaround goals
Pre-tax profits at Tesco have climbed 28% year on year as the supermarket chain said it was on track to meet the “vast majority” of its turnaround goals.
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Tesco's discount chain gains ground as ninth Jack's store opens
Tesco has opened its ninth Jack’s store, in Rawtenstall, Lancashire, as it seeks to expand the discount chain’s reach across the UK.
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Tesco launches fruit and veg plastic-free trial in two stores
Tesco has launched a trial to remove plastic-wrapped fruit and vegetable products from its stores in a bid to cut down on packaging waste.
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Tesco takes on discounters with new chain Jack's
Tesco has launched its much-anticipated new discount chain, Jack’s, in a bid to compete against rivals Aldi and Lidl.
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Tesco resurfaces store car park with recycled plastic
Tesco has become the UK’s first supermarket to use recycled plastic to re-surface a store car park.
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One Stop to close three stores in Lincolnshire
One Stop has confirmed it plans to close three company-owned stores in Lincolnshire.
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Charles Wilson steps down from Tesco role due to illness
Former Booker chief executive Charles Wilson is stepping down from his role as Tesco’s UK retail and wholesale ceo after being diagnosed with throat cancer.
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Tesco to form strategic alliance with French chain Carrefour
Tesco has announced its intention to enter into a long-term, strategic alliance with French retail chain Carrefour, with the aim of improving quality and choice as well as lowering the price of own-brand products.
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Booker catering store opens within a Tesco Extra
Booker has opened its first ChefCentral store within one of Tesco’s largest Extra stores in Bar Hill Cambridge.
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Tesco appoints Booker’s Wilson as UK retail and wholesale CEO
Tesco has announced Booker chief executive Charles Wilson will become CEO of the multiple’s retail and wholesale operations after completion of the groups’ merger.
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Wholesalers ask CMA to block Booker-Tesco merger
The leaders of seven of the UK’s largest wholesale operations have jointly written to the Competition and Markets Authority (CMA), urging it to block the proposed merger of Booker and Tesco. In the letter, the group refutes the claim that the merger would enhance competition and promote consumer interests, maintaining ...
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CMA formally opens Tesco-Booker merger investigation
The Competition and Markets Authority (CMA) has formally opened its investigation into the proposed Tesco-Booker merger
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Wilson: Tesco merger will take retailers to "next level"
Booker chief executive Charles Wilson says that the proposed merger with Tesco will help independent retailers “go to the next level”.
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Tesco and Booker in shock merger announcement
Tesco and Booker have stunned the industry this morning with the announcement of a £3.7bn merger plan
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Profits slump at Tesco but turnaround "on track"
Profits at Tesco have more than halved in the 26 weeks to 29 August as it seeks to turn the business around by investing in customer service and price cuts.