Tag Archives: Tesco

Tesco to sell its businesses in Thailand and Malaysia

Supermarket chain Tesco has agreed to sell its businesses in Thailand and Malaysia to CP Group for £8.2 billion. Following completion of the disposal, the Tesco board intends to return about £5 billion to shareholders via a special dividend with associated share consolidation. Tesco said the deal will ‘further de-risk’ …

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Tesco to adapt bakeries in large stores to meet changing customer demand

From May, Tesco will be making big changes in its large in-store bakeries. The supermarket chain explained: ‘Our bakeries are an important part of our offer for customers and will remain so. However, over recent years we’ve seen a big shift in customer tastes and preferences. ‘Customers are buying fewer …

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Plant-based wraps prove winners in Veganuary

Brits created all-time record demand for plant-based wraps and sandwiches during Veganuary last month, according to Tesco. During the four-week event – during which people pledge to eat only vegan food – demand for plant-based wraps and sandwiches at the supermarket chain soared by nearly 75% against Veganuary 2019. The …

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Tesco to scrap plastic-wrapped multipacks on tinned food

Tesco has announced that it will replace plastic-wrapped multipacks with plastic-free multibuys on tinned food. A total of 183,000 tinned multipacks are bought every day at Tesco and this move will see 67 million pieces of plastic eliminated. The tins will be available individually, with no plastic wrap holding them …

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Tesco pledges to remove one billion pieces of plastic from products by the end of 2020

Tesco has today (Friday November 1) announced it will remove one billion pieces of plastic from products for sale in UK stores by the end of 2020 as a part of its ‘4Rs’ plan to tackle the use of plastics in its business. The supermarket chain’s 4Rs [Remove, Reduce, Reuse …

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Retailers join together to launch mental health support for retail workers

In a UK industry first, seven retailers have joined forces to launch an online training guide designed to help the mental health and wellbeing of retail workers. Funded by the John Lewis Partnership,(JLP) Tesco, Sainsbury’s, ASOS, Co-op, Marks & Spencer (M&S) and Next – and developed with the expertise of …

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Tesco launches new Clubcard Plus

Tesco is launching a new loyalty subscription service called Clubcard Plus. New and existing Tesco Clubcard customers can subscribe to the new Clubcard Plus for £7.99 a month and get up to four benefits each month: 10% off two big shops in-store (exclusions and limits apply); 10% off selected Tesco …

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Tesco ceo Dave Lewis to step down next year

Tesco announced today (Wednesday October 2) that Dave Lewis has decided to step down as Group CEO. He will leave the supermarket chain next year and will be succeeded by Ken Murphy. Chairman John Allan said: “It is with regret that I have accepted the resignation of Dave Lewis as …

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Tesco gives out 100 million pieces of free fruit to kids

Tesco stores have now given out more than 100 million pieces of fruit, as part of its Free Fruit for Kids scheme. Parents can grab free fruit, including apples and pears, from stands in the fruit and veg aisle for their children to snack on while they do their shopping …

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Tesco removes plastic carrier bags from online business

Tesco will stop using carrier bags to deliver groceries from its online business as part of its work to use less plastic. The move will mean that 250 million fewer carrier bags will be delivered to customers’ homes each year and nearly 2,000 tonnes of plastic will come out of …

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