Tesco has entered a partnership with global reusable packaging platform, Loop to launch a new way for its customers to shop and buy a wide range of food, drink, household and beauty products in reusable and durable packaging.
Tesco boosted support for its suppliers during the COVID-19 pandemic, outlining a string of measures across a year as it reported an increase in sales in its full-year 2020/21 financial results.
Tesco’s decision to remove best-before dates from select fruit and vegetable lines will be a benchmark that all other supermarkets will follow, according to an industry expert.
Food companies have been urged to simplify food date labels worldwide by 2020, by the Consumer Goods Forum (CGF), which counts Tesco, Kellogg, Walmart, Nestlé, Carrefour and Unilever among its members.
Tesco’s turnaround is firmly on track, according to chief executive Dave Lewis, as the UK’s largest retailer reported rising sales for the seventh quarter in a row.
Upmarket pie and quiche manufacturer Higgidy has posted a 10% rise in sales for the year ending September 30 2016, as it grew to be the third largest savoury pastry brand in the UK.
Campylobacter contamination has forced the recall of cooked chicken products sold by Tesco, while Clostridium botulinum contamination fears led to the recall of products sold by Lidl and Marks & Spencer (M&S).
Tesco’s suppliers face resistance to price increases and higher demand for new product development at no further cost, after the supermarket revealed it was cutting a reported 1,200 head office jobs.
Automated delivery of groceries took a step forward last month, after Tesco revealed it had trialled a robot delivery service, while Amazon devoted an entire site to developing drone technology.
Confectionery sales over Easter have helped boost the UK grocery market by £1bn in the first 12 weeks of this year, leading to an overall market growth of 3.7%.
Gluten-free bakery company Genius Foods has announced it will cut 115 jobs across its business, including a reported 78 jobs at its Hull factory, as it plans to end production of its non-Genius branded products.
Supermarket giant Tesco’s subsidiary, Tesco Stores Ltd, has agreed to pay a £129M fine in order to avoid prosecution for market abuse, after overstating its profits in 2014.
Tesco’s £3.7bn mega merger with Booker will give the business first-mover advantage in competing against online giant Amazon, analysts claimed, as consumers are increasingly shopping online.
Tesco says its £3.7bn merger with food wholesaler Booker will give suppliers “a broader market opportunity and strong growth prospects”, claiming the deal will create the “UK’s leading food business”.
Tesco is to close two of its distribution centres, with the net loss of around 500 jobs, in a move designed to simplify its supply chain operations and management structure across all distribution operations and meet changing consumer demand.
Tesco is facing damages claims totaling more than £100M, after around 125 institutional investors claimed the supermarket’s 2014 accounting irregularities cost them millions of pounds, it was revealed this week.
Morrisons has raised the price of 92 Unilever products, including Marmite, just days after Tesco’s highly public row over Unilever’s price increase demands.
Potato supplier Branston has partnered with Tesco to open a £5M extension of its Lincolnshire factory, which will be used to reduce food waste by peeling wonky spuds for mashed potato.
Tesco’s “momentum is returning”, according to city analysts, after the supermarket firm posted a seventh consecutive quarter of volume growth in its half-year update today (October 5).
Blossom Cottage, the drinks brand owned by SHS Drinks, has recalled a batch of its Morello Cherry Cordial 500ml bottles because of a fermentation problem that could cause bottles to explode.
Ten fire engines were needed to fight a blaze at 2 Sisters Food Group’s factory in Thetford, Norfolk yesterday (Sunday, July 17), when 270 staff were evacuated from the building.
The launch of new fresh food ranges helped drive positive like-for-like sales in first-quarter results posted today (June 23), according to Britain’s biggest supermarket chain Tesco.
Tesco is back in the black as pre-tax profits hit £162M, in its full-year results, up from the £6.3M deficit on the previous year, as the nation’s biggest retailer pledged to continue to work “more closely” with suppliers
Mash Direct, the vegetable accompaniments brand, is targeting major growth in the south of England and aiming to become a truly national brand across the UK, following a new deal with Tesco.
Aldi is beginning to face stiffer competition from fellow limited assortment discounter (LAD) Lidl and from the value-based multiples Tesco and Morrisons, according to city analysts.
Asda is the latest high street multiple to announce that it was conducting a “range review’’, wherein as much as 25% of its stock-keeping units (SKUs) will be removed from sale in some categories.
Pudding manufacturer and food packaging firm Simpsons Ready Foods has entered a period of consultation about up to 100 employees’ jobs that are at risk, the firm has confirmed.
Militant farmers have threatened to declare war on Tesco after claiming that the retailer plans to make a milk supply switch that could “decimate” the industry.
Tesco mistreated suppliers by acting unreasonably, delaying payments and deducting money owed for goods, according to a long-awaited ruling by the Groceries Code Adjudicator (GCA).
Tesco’s mistreatment of suppliers has been slammed as a “scandalous situation” after the publication of findings by the Groceries Code Adjudicator (GCA).
Tesco boss Dave Lewis has apologised for a second time to suppliers, after the Groceries Code Adjudicator (GCA) ruled Britain’s biggest retailer had breached the Groceries Supply Code of Practice rules in three key areas.
Food and drink manufacturers and retailers have “smashed” their food and packaging waste target set as part of a voluntary arrangement by grocery think-tank IGD, an Asda boss has revealed.
Hubbub will attempt to save 18,000t of pumpkin being discarded and educate 100,000 people on the wider food waste issue over the Halloween weekend with its ‘Pumpkin Rescue’ events, according to the waste prevention charity’s founder.