Tesco
British multinational retailer
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2025-06-27 08:02
British cherry harvest hits record yield as season extends - British cherry growers expect a yield of 8,000 tonnes due to favorable weather.
- The growing season has doubled to 10 weeks compared to five years ago.
- Innovations in farming techniques are revitalizing the cherry industry in the UK.
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business 2025-06-18 00:00
Tesco shares surge amid mixed growth signals - Tesco's sales increased by 0.44% in the UK and 0.22% in the Republic of Ireland, contributing to market share growth.
- The company's future performance shows promise, attributed to planned cost-control measures and growth in high-margin product categories.
- Despite challenges from increased competition and economic uncertainty in the UK, analysts remain cautiously optimistic about Tesco's outlook.
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business 2025-06-12 07:58
Tesco boosts sales amid fierce competition in the grocery market - Tesco reported a 4.6% growth in group sales to £16.4 billion for the 13 weeks to May 24, driven by demand for premium products.
- The company launched 350 new own-brand products, resulting in increased food sales of 5.9% and non-food sales rising by 6.2%.
- Despite growth, heightened competition in the grocery sector could lead to a predicted profit reduction of £400 million this financial year.
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business 2025-06-01 21:01
Aldi's expansion stalls due to competitor objections - Aldi is experiencing planning delays that impede its expansion efforts.
- Competitors like Tesco and Sainsbury's are objecting to Aldi's new store projects.
- These delays are affecting job creation and Aldi's market growth.
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technology 2025-05-16 15:07
Tesco apologizes for major app and website outages - Some Tesco customers faced significant difficulties accessing online orders and their Clubcards due to IT problems on May 16, 2025.
- A Tesco spokesperson confirmed that a software issue caused the disruption, and the IT team worked to fix it.
- The supermarket chain apologized for the inconvenience and is taking steps to improve its digital services.
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business 2025-04-10 13:53
Tesco anticipates drastic profit drop amid supermarket price war - Tesco's chief executive has acknowledged that the supermarket is experiencing heightened competition and is aiming for massive cost reductions.
- The company cites a substantial risk of profit decline due to the intensified price war in the grocery sector.
- The ongoing price competition represents both a challenge and an opportunity for consumers seeking better deals in a struggling economy.
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business 2025-04-10 11:55
Tesco reduces profit forecast as supermarket competition intensifies - Tesco forecasts adjusted operating profit between £2.7 billion and £3.0 billion for the current financial year, a reduction from last year's £3.1 billion.
- The competitive landscape has intensified, especially following Asda’s significant price cut commitment, causing Tesco's shares to drop by 6%.
- The company is implementing cost-cutting measures of £500 million to improve its competitive position and customer value.
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business 2025-04-04 14:20
Tesco hits nine-year high in market share as price war looms - Tesco reported a market share of 28.5%, its highest in almost nine years, and a 3.7% rise in like-for-like sales over a six-week period.
- Observers are cautious about the influence of a potential price war initiated by Asda's strategy to lower prices.
- Investors are eager for Tesco's full-year results that promise positive signs of profitability amid increasing competition.
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business 2025-04-01 14:35
Asda's sales plunge as competitive pressures mount from Tesco and Aldi - Sales at Asda decreased by 5.6 percent during the 12 weeks to March 23, highlighting a concerning downward trend.
- Asda's market share fell to 12.5 percent as it lost ground to competitors like Tesco, Aldi, and Lidl.
- The supermarket is implementing significant investments aimed at reversing sales declines and competing more effectively.
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business 2025-04-01 11:22
Tesco's website crash leaves shoppers stranded and frustrated - Tesco customers faced online shopping disruptions due to technical difficulties with the app and website starting before 10 AM.
- Shoppers expressed frustration on social media, with over 500 complaints reported on Downdetector by 9:45 AM.
- The supermarket's IT teams are currently addressing the issue and have apologized for the inconvenience caused.
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society 2025-03-25 16:05
John Allan proposes military training for unemployed youth in exchange for benefits - John Allan proposed military training for unemployed young individuals in exchange for benefits.
- He emphasized the need for conditional welfare payments to motivate youth into work.
- This proposal reflects a broader concern over youth unemployment and military recruitment challenges in the UK.
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lifestyle 2025-02-14 10:37
Waitrose unveils stellar £20 Valentine's Day meal deal for couples - Multiple UK supermarkets are offering special Valentine's Day meal deals for couples.
- Waitrose's deal includes a variety of items priced at £20 but lasts only until February 16.
- These meal deals offer a budget-friendly alternative to dining out on Valentine's Day.
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business 2025-02-12 10:20
Couple builds successful brewery from humble garage beginnings - Luci and Mike started brewing beer in their garage, focusing on kettle sours and imperial stouts.
- They transitioned to a warehouse in Reading, Berkshire, and scaled up production to meet demand.
- Their brewery aims for continuous improvement and hopes to become one of the major family brewers in the UK.
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business 2025-02-05 14:08
Tesco seeks to acquire more than 100 Crown Post Offices amid concerns - Tesco has shown interest in acquiring over 100 Crown Post Offices currently managed directly by the Post Office.
- The Post Office is considering transitioning these branches to a franchise model due to ongoing financial losses.
- This potential acquisition by Tesco could safeguard approximately 1,000 jobs and reshape the future of postal services in the UK.
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business 2025-01-09 22:30
Marks and Spencer and Tesco thrive as festive consumer spending soars - During the Christmas season, Marks & Spencer sold over 900,000 baked beans and achieved an 8.9% increase in food sales.
- The retailer also offered a variety of products to accommodate customers after holiday indulgences.
- Despite breaking sales records, both retailers face looming cost pressures that could impact future performance.
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business 2025-01-03 14:56
Tesco and Sainsbury's reveal shocking Christmas sales performance next week - Tesco and Sainsbury's will release their third-quarter updates next week, detailing their sales over the Christmas period.
- Both retailers are anticipated to report substantial sales growth amid increasing cost pressures on consumers.
- The upcoming reports may provide crucial insights into their financial outlooks against the backdrop of rising operational costs.
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business 2024-12-22 14:56
Urgent recalls: Tesco, Morrisons and Aldi warn customers to avoid festive food - Major supermarkets in the UK, including Tesco, Morrisons, Dunnes, and Aldi, have issued urgent recalls on several food items.
- The recalls stem from concerns about safety, including potential Listeria contamination in various cheese products.
- Customers are advised not to consume the recalled products and to return them for full refunds.
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society 2024-12-16 13:00
Motorist hogs four parking spaces at Tesco during festive rush - Shoppers at a Tesco in Musselburgh, Edinburgh, were upset after a motorist parked across four spaces, disrupting parking for others.
- Social media posts reflected widespread frustration, with locals emphasizing the inconsiderate nature of this parking behavior during a busy shopping period.
- Calls for accountability and humorous suggestions for resolving the issue emerged from community discussions following the incident.
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society 2024-12-15 16:04
Tesco plans to sell 1.5 million kg of Brussels sprouts this Christmas - Brussels sprouts are expected to be 25% larger this year due to good growing conditions and hardy varieties.
- Tesco is set to sell around 1.5 million kg of sprouts in the two weeks leading to Christmas.
- The quality of this year's crop is described as among the best in recent years, pleasing sprout fans.
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business 2024-12-15 12:51
Tesco meat product recalled over dangerous use by date error - Tesco warned customers about a serious labeling error in their 10 Cooked Beef Slices, incorrectly labeled with the use-by date.
- The Food Standards Agency is involved in alerting consumers and monitoring food safety concerns.
- Customers who purchased the affected product should not eat it and are eligible for a full refund without a receipt.
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lifestyle 2024-12-14 01:00
Supermarkets clash in pigs in blankets taste test showdown - Taste test evaluated pigs in blankets from Marks and Spencer, Sainsbury's, Tesco, and Waitrose.
- Marks and Spencer's version was rated the highest with 9/10, while Sainsbury's was rated the lowest at 1/10.
- The results indicate a significant quality difference among supermarket offerings during the holiday season.
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business 2024-12-13 13:14
Tesco shopper reveals hidden code that could save you big on groceries - Tesco's grocery market share reached 28.1 percent in December 2024, marking a significant annual increase.
- The supermarket chain's sales surged by 5.2 percent due to competitive pricing and a successful loyalty scheme.
- This growth reflects Tesco's ability to adapt to changing market conditions while alternative options like Company Shop provide discounts for those on Universal Credit.
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business 2024-12-11 11:35
Tesco raises mobile prices following controversial Ofcom rule - Tesco Mobile will implement new price increase rules effective December 17, 2024.
- The new proportional model aims to ensure fair pricing for all customers, particularly those on lower tariffs.
- This change aligns with Ofcom's guidance, signaling a shift towards greater transparency in mobile pricing.
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business 2024-12-10 13:57
Supermarkets undercut Tesco and Aldi with bigger, cheaper Quality Street tins - Sainsbury's and Asda are selling larger 813g versions of Quality Street at prices lower than Tesco and Aldi.
- Sainsbury's customers need a Nectar Card to benefit from the discounted price of £8, while a separate offer requires Morrison's card holders for additional savings.
- These marketing tactics arise amidst consumer complaints about reduced sizes of certain chocolates due to shrinkflation.
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society 2024-12-08 08:29
Tesco recalls chicken product after labeling mistake raises health concerns - Tesco has recalled its Red Cabbage and Apple 300G product due to an incorrect Use By date that poses health risks.
- Customers are encouraged to return the product to any Tesco store for a full refund without needing a receipt.
- The incident reflects broader issues of food safety and labeling inaccuracies impacting multiple UK supermarket chains.
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business 2024-12-08 00:01
Tesco might trigger the break-up of C&C after McMahon's resignation - Patrick McMahon resigned as CEO of C&C Group in June 2024, marking the third leadership change in four years.
- Engine Capital has criticized C&C for being 'subscale' and has obtained a board seat amidst this turmoil.
- The involvement of Tesco may trigger a reorganization or breakup of C&C, signaling transformational changes within the company.
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society 2024-12-04 14:19
Tesco customers expose too much personal information in stores - Tesco employees report overhearing customers discuss private topics loudly in stores.
- Staff shared various unusual anecdotes in a Reddit thread highlighting these occurrences.
- The trend reflects changing social norms regarding conversations in public spaces.
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society 2024-12-03 11:11
Fraudster jailed for staging Tesco delivery crashes - Shahin Mouradi and his gang staged over fifty fake accidents involving Tesco delivery drivers, defrauding the supermarket.
- Mouradi impersonated himself in court and was found guilty of lying under oath.
- He received a 15-month jail sentence for contempt of court, illustrating the serious penalties for fraud.
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entertainment 2024-12-02 11:04
Tesco staff lash out over endless Christmas music loop - Tesco stores began playing a two-hour loop of Christmas music starting December 1, 2024.
- Employees reported feeling overwhelmed and frustrated by the constant repetition of popular holiday songs.
- Staff shared their feelings on social media, highlighting the negative impact on their morale during the festive season.
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business 2024-11-30 08:22
Tesco Clubcard holders face deadline as vouchers expire today - Tesco issued a warning to its Clubcard holders regarding expiring vouchers originally issued in February 2022.
- A total of £18 million in discounts is at stake if the vouchers are not used before the midnight deadline tonight.
- Customers are urged to utilize their vouchers or risk losing them permanently.
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lifestyle 2024-11-30 08:00
Jamie Robinson reveals his secret to perfect roast potatoes - Jamie Robinson shares a unique potato preparation technique learned from his mother.
- The method involves blanching and freezing potatoes to enhance crispiness.
- Efficient preparation can save time and ensure perfect roast potatoes for Christmas dinner.
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business 2024-11-29 04:30
Tesco closes all stores for Christmas Day - Tesco will close all stores, including petrol filling stations, on Christmas Day.
- Stores will shut down by 7pm on Christmas Eve with Express stores closing by 10pm.
- The closure reflects a strategy to balance employee well-being and customer service during the holiday season.
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2023 All rights reserved