Apr 10, 2019 | Brexit, News, Retailing
Supermarket giant Tesco has reported a 28.8% rise in annual pre-tax profits, with chief executive Dave Lewis explaining he is “delighted with the broad-based improvements”. Revenue grew 11.2% to £63.9 billion, and like-for-like sales rose 2.9%. including 1.7% at Tesco...
Apr 5, 2019 | News, Red Meat Processing
Larger Tesco stores will be offering vegan alternatives in the meat aisles from Monday 8th April, in a new fixture so that customers will find both next to each other. Derek Sarno, Tesco’s director of Plant-Based Innovation said: “We are seeing a new kind of shopper...
Mar 5, 2019 | Brexit, Food Equipment & Services, News, Retailing
As Brexit uncertainty intensifies, the latest grocery market share figures, published from Kantar Worldpanel, shows year-on-year supermarket sales growth of 1.9% during the 12 weeks to 24th February 2019. Overall, grocery volumes rose by 1.2% in the 4 weeks which is...
Feb 7, 2019 | Fruit Processing, Ingredients, News, Retailing, Vegetable Processing
Fruit, vegetables and salad sales have surged by £46 million compared to last January, boosted by customer trends towards plant-based diets, according to Kantar Worldpanel. The latest grocery market share figures from Kantar Worldpanel covering the 12 weeks to 27th...
Jan 28, 2019 | News, Retailing
Tesco is set to close its fresh food counters and bakeries in 90 stores as part of a cost-cutting plan which will affect 9,000 workers. The retailer has said that its remaining fish, meat and deli counters in 700 stores will be run on a full-time or flexible basis. It...
