Tesco
British multinational retail groceries company
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Tesco plc is a British multinational groceries and general merchandise retailer headquartered in the United Kingdom at its head offices in Welwyn Garden City, England. The company was founded by Jack Cohen in Hackney, London, in 1919. In 2011, it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues. It is the market leader of groceries in the UK. As well as the United Kingdom, Tesco has stores in Czechia, Ireland, Slovakia, and Hungary.
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Tesco awards 5.2% pay rise but axes Sunday bonus Tesco is to raise store worker pay by 5.2% over the next six months but strip away a 10% premium for working on a Sunday.Sky News - Published | |
Tesco criticised for 'unethical' formula-funded midwife advice trial Midwives funded and trained by a milk formula company have been offering advice to Tesco customers in a pilot programme criticised as "unethical". Sky News - Published | |
High street giants plot new warning to Treasury over retail jobs Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger shops will put jobs and stores under..Sky News - Published | |
Brussels sprouts expected to be 25% bigger this year Brussels sprouts will be 25% bigger this year, according to Tesco.Sky News - Published | |
Tesco among shops ditching booze linked to Conor McGregor after rape case Tesco is among retailers stopping the sale of alcohol brands linked to Conor McGregor after he lost a civil rape case.Sky News - Published | |
UK's largest retailer loses Supreme Court 'fire and rehire' fight Tesco says it will accept a Supreme Court ruling in a so-called 'fire and rehire' case amid government efforts to bolster workers' rights.Sky News - Published | |
New head of John Lewis announced with shortest-serving chair to departThe former head of Tesco has been announced as the new chairman of the John Lewis Partnership, one of the biggest and most high-pressure jobs in retail.Sky News - Published | |
Tesco loses appeal in row with Lidl over yellow circle brandingTesco has lost an appeal in a row with discount rival Lidl over the use of a yellow circle against a blue background in its Clubcard branding.Sky News - Published | |
Two major supermarket chains cut price of baby formulaAsda and Tesco have joined Iceland in reducing the cost of Aptamil baby formula.Sky News - Published | |
Tesco raises profit forecast while M&S also reports strong Christmas salesTesco has raised its annual profit forecast while joining Marks and Spencer (M&S) in reporting strong Christmas sales.Sky News - Published | |
Boss of UK's biggest supermarket chain quitsThe chief executive of Tesco UK is to step down after six years leading Britain's biggest supermarket chain.Sky News - Published | |
Former Tesco chair Allan sells minority stake in mentoring firmThe former Tesco chairman John Allan has sold his stake in a firm which mentors executives at dozens of FTSE companies after months of talks about a separation agreement with his former business..Sky News - Published | |
Tesco and Sainsbury's using 'potentially dodgy tactics' with loyalty card prices, Which? claimsCustomer loyalty schemes at Sainsbury's and Tesco are "not all they're cracked up to be" with regular prices being inflated so promotions look better than they really are, according to a consumer..Sky News - Published | 'We cannot go on like this': Tesco staff offered body cameras as assaults riseFrontline Tesco workers will be offered body cameras following an "unacceptable" spike in verbal and physical attacks.Sky News - Published |
Burberry chair Murphy lined up to replace Allan at helm of TescoOne of Britain’s most senior boardroom figures is to replace John Allan at the helm of Tesco.Sky News - Published | Former Tesco chairman tells Sky News he is 'completely innocent' of misconduct claimsFormer Tesco chairman John Allan - who was forced to step down after misconduct allegations were made against him - has insisted he is "completely innocent".Sky News - Published |
Tesco sees 'encouraging early signs' that grocery inflation is starting to easeTesco has reported "encouraging early signs" that grocery inflation is starting to ease while revealing a leap in sales.Sky News - Published | Tesco reported to regulator amid allegations its Clubcard offers lack transparency A consumer group has reported Tesco to the competition regulator as officials continue their inquiry into whether the grocery sector is ripping off shoppers.Sky News - Published |
Tesco chairman Allan in talks to sell stake in corporate mentoring firm John Allan, the Tesco chairman, is in talks to sell his stake in a firm which mentors executives at dozens of blue-chip companies, it has emerged days after the announcement of his resignation from..Sky News - Published | Tesco boss to step down next month after allegations over personal conductTesco chairman John Allen is to leave next month after the supermarket giant said allegations over his personal conduct "risk becoming a distraction" to the chain.Sky News - Published |
Tesco chairman accused of inappropriate behaviour Tesco chairman John Allan has denied three of four allegations of inappropriate and unprofessional behaviour made by four women.Sky News - Published | Lidl wins court battle with Tesco over use of yellow circle on Clubcard branding Lidl has won a trademark lawsuit against grocery market leader Tesco over its use of a yellow circle in branding.Sky News - Published |
Tesco warns of 'unprecedented' inflation but drops price of milk The impacts of higher prices are being felt in the Tesco boardroom as profits have fallen despite an increase in sales.Sky News - Published | Sainsbury's in Nectar card shake-up to rival Tesco Sainsbury's is making changes to its loyalty card scheme to rival Tesco's money-saving deals.Sky News - Published |
Tesco to cut value of Clubcard rewards scheme Tesco is cutting the value of its Clubcard rewards scheme, with customers no longer able to get triple their value when they cash them in with scheme partners. Sky News - Published | Tesco and Aldi to ration some vegetables due to supply shortages Tesco and Aldi are limiting how many peppers, cucumbers and tomatoes customers can buy due to supply shortages.Sky News - Published |
Tomato shortage could last until end of April as Tesco and Aldi become latest supermarkets to introduce limits British tomatoes will likely remain scarce until the end of April or even early May, the UK's largest grower has warned.Sky News - Published | Supermarket giant Tesco to explore sale of banking arm Tesco, Britain's biggest supermarket chain, is to kick off a review of its presence in the UK banking sector - a move that could lead to a sale of the business.Sky News - Published |
Paperchase goes into administration with all jobs likely to be lost as Tesco buys brand High street stationery brand Paperchase has officially entered administration with no buyers interested in acquiring the company's brick and mortar shops and physical assets.Sky News - Published | Tesco says management shake-up and hot counter closures to impact 2,100 jobsTesco has announced a plan to shake-up management and close hot counters and delis will impact approximately 2,100 jobs.Sky News - Published |
Big retailers report Christmas progress as Tesco claims win over premium grocers Tesco says it is the only one of the major chains to have grown its market share versus pre-pandemic levels over Christmas, claiming it took business from premium grocers.Sky News - Published | |
