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
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Latest News: tesco
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
Tesco reviews options for Asia businesses
December 9, 2019 4:45 pmThe Tesco supermarket chain has begun to review options for its businesses in Thailand and Malaysia. The review could result in a possible sale of the... View Article
Tesco chief executive Dave Lewis to step down
October 2, 2019 8:01 amTesco has announced that its chief executive Dave Lewis is to leave the business after five years in the role. He will be succeeded by Walgreens... View Article
