Tesco chief financial officer to retire
June 2, 2020 8:00 amTesco has announced that Alan Stewart has decided to retire as its chief financial officer and leave the business on 30 April 2021. The company’s board... View Article
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Latest News: tesco
Tesco supports UK potato growers during covid-19 crisis
May 5, 2020 7:51 amTesco has begun supporting UK potato growers who have been left with surplus stock due to the closure of restaurants and fast food outlets during the... View Article
Tesco reports increased costs due to coronavirus crisis
April 8, 2020 9:58 amTesco has said its operating costs could rise by between £650 million and £925 million in the current financial year due to the coronavirus pandemic. The... View Article
Tesco to provide £30 million coronavirus community support package
April 2, 2020 7:00 amTesco is to offer a £30 million package of support to local communities throughout the Covid-19 crisis. This will include a £25 million food donations programme.... View Article
Tesco and Sainsbury’s launch new measures to help shoppers during coronavirus outbreak
March 19, 2020 7:35 amSainsbury’s and Tesco are bringing in a number of new measures to help address issues arising from the coronavirus outbreak. Tesco is introducing a storewide restriction... View Article
Tesco sells businesses in Thailand and Malaysia
March 9, 2020 7:52 amSupermarket giant Tesco has agreed to sell its businesses in Thailand and Malaysia to CP Group for £8 billion. The move follows a strategic review. Once... View Article
Tesco could cut over 1,800 jobs as part of in-store bakery overhaul
February 26, 2020 6:24 amTesco has announced plans to cut the number of staff working in its in-store bakeries as it looks to adapt following a shift in customer tastes... View Article
Demand for Tesco plant-based wraps and sandwiches soared in Veganuary
February 14, 2020 5:47 amTesco has said demand for plant-based wraps and sandwiches soared during last month’s Veganuary. Sales of the products surged by nearly 75% compared to January 2019.... View Article
Tesco hails fifth consecutive Christmas of growth
January 9, 2020 7:46 amTesco has said it performed well in a “subdued” UK market as it reported a fifth consecutive Christmas of growth. The six weeks to 4 January... View Article
