Tesco

British multinational retail groceries company

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Tesco plc is a British multinational groceries and general merchandise retailer headquartered 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 has shops in Ireland, the United Kingdom, the Czech Republic, Hungary, and Slovakia. It is the market leader of groceries in the UK.

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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 on September 12, 2024
New head of John Lewis announced with shortest-serving chair to depart The 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 on April 8, 2024
Tesco loses appeal in row with Lidl over yellow circle branding Tesco 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 on March 19, 2024

Two major supermarket chains cut price of baby formula Asda and Tesco have joined Iceland in reducing the cost of Aptamil baby formula. Sky News - Published on January 15, 2024
Tesco raises profit forecast while M&S also reports strong Christmas sales Tesco has raised its annual profit forecast while joining Marks and Spencer (M&S) in reporting strong Christmas sales. Sky News - Published on January 11, 2024
Boss of UK's biggest supermarket chain quits The chief executive of Tesco UK is to step down after six years leading Britain's biggest supermarket chain. Sky News - Published on October 26, 2023

Former Tesco chair Allan sells minority stake in mentoring firm The 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 on October 2, 2023
Tesco and Sainsbury's using 'potentially dodgy tactics' with loyalty card prices, Which? claims Customer 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 on September 15, 2023
'We cannot go on like this': Tesco staff offered body cameras as assaults rise Frontline Tesco workers will be offered body cameras following an "unacceptable" spike in verbal and physical attacks. Sky News - Published on September 3, 2023
Burberry chair Murphy lined up to replace Allan at helm of Tesco One of Britain’s most senior boardroom figures is to replace John Allan at the helm of Tesco. Sky News - Published on July 1, 2023

Former Tesco chairman tells Sky News he is 'completely innocent' of misconduct claims Former 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 on June 18, 2023
Tesco sees 'encouraging early signs' that grocery inflation is starting to ease Tesco has reported "encouraging early signs" that grocery inflation is starting to ease while revealing a leap in sales. Sky News - Published on June 16, 2023
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 on June 8, 2023	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 on May 22, 2023
Tesco boss to step down next month after allegations over personal conduct Tesco 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 on May 19, 2023	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 on May 9, 2023
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 on April 19, 2023	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 on April 13, 2023
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 on April 11, 2023	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 on March 21, 2023
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 on February 22, 2023	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 on February 22, 2023
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 on February 18, 2023	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 on January 31, 2023
Tesco says management shake-up and hot counter closures to impact 2,100 jobs Tesco has announced a plan to shake-up management and close hot counters and delis will impact approximately 2,100 jobs. Sky News - Published on January 31, 2023	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 on January 12, 2023
Tesco to kick off search for successor to long-serving chairman Allan Britain's biggest retailer is preparing to kick off a search for a new chairman, firing the starting gun on a race to fill one of the FTSE-100's most prestigious boardroom posts. Sky News - Published on December 10, 2022	£13m worth of unused Tesco Clubcard vouchers expire this month - worth up to £39m in savings More than two million Tesco customers could lose out on a total of £13m worth of Clubcard vouchers if they don't use them before they expire this month. Sky News - Published on November 9, 2022
Tesco raises meal deal price for first time in decade The country's biggest supermarket chain has raised the price for its popular lunchtime meal deal for the first time in more than a decade as costs soar. Sky News - Published on October 21, 2022	Tesco 'inflating prices a little bit less and a little bit later' than the competition The boss of the UK's biggest retailer says it is "inflating prices a little bit less and a little bit later" than the competition as families' budgets are squeezed. Sky News - Published on October 5, 2022
Pensioner killed in hit-and-run in supermarket car park A man in his 80s has died in a hit-and-run in a Tesco car park in north London, police have said. Sky News - Published on September 26, 2022	Heinz products will return to Tesco shelves after deal reached in pricing row The full range of Heinz products will return to Tesco shelves after the companies reached an agreement to resolve a pricing dispute. Sky News - Published on July 8, 2022
Supermarket in fresh price row with pet food manufacturer Popular pet food brands Whiskas, Dreamies and Pedigree could vanish from Tesco shelves as the supermarket giant finds itself embroiled in another supply row. Sky News - Published on July 5, 2022	Some Heinz baked beans and ketchup products unavailable in Tesco stores after price dispute Britain's biggest supermarket group Tesco says some Kraft Heinz products are not available in its stores due to a dispute over pricing. Sky News - Published on June 29, 2022
Tesco sales fall amid 'incredibly challenging' inflationary environment Tesco said sales at the supermarket giant have fallen as "unprecedented increases in the cost of living" are felt across the country. Sky News - Published on June 17, 2022	'Destruction of UK pig sector' looms unless Tesco pulls its weight, chain is warned Tesco, the UK's largest supermarket chain, has been warned it must do more to help struggling pork producers or risk "the destruction of the UK pig sector". Sky News - Published on May 6, 2022
High street giants demand chancellor 'cuts the shops tax' Retail giants including Tesco, J Sainsbury, Greggs and Waterstones are forging a new coalition to urge Rishi Sunak to plough ahead with reforms to Britain's decades-old business rates regime. Sky News - Published on May 3, 2022	BT faces strike vote while Tesco agrees new pay deal BT is facing the possibility of industrial action after its new pay offer was rejected by the Communication Workers Union. Sky News - Published on April 7, 2022
Tesco boss warns worst of food price rises 'yet to come' The worst of rising food prices is "yet to come" with a potential 5% surge in spring, the chairman of Tesco has warned. Sky News - Published on February 6, 2022	Tesco says 1,600 jobs at risk as overnight re-stocking roles scrapped Tesco said 1,600 jobs were at risk as it announced a further round of restructuring across its store network. Sky News - Published on February 1, 2022
Asda joins Tesco in facing strike threat ahead of key Christmas season Asda has joined Tesco, its biggest rival, in facing the prospect of strike action ahead of the key Christmas trading season. Sky News - Published on December 7, 2021