Jun 13, 2019 | News, Retailing
Tesco plc has announced its first quarter trading statement in what the multiple called a ‘subdued market.’ Commenting on its first quarter trading report Tesco’s chief executive, Dave Lewis, said: “We have had a strong start to the year, growing ahead of the UK...
Apr 26, 2019 | Baking, Ingredients, News, Retailing
Publication of Associated British Foods (ABF) interim results has revealed that at Allied Bakeries, recent customer discussions on pricing have had some success, but also led to the termination of its largest private label bread manufacturing contract with Tesco. ABF...
Apr 24, 2019 | News, Red Meat Processing, Retailing, Vegetable Processing
With an increase in demand for healthier, more sustainable and convenient products, Tesco is launching a new ‘Meat & Veg’ range. The new range is said to help make scratch cooking easier, removing the need to buy vegetables separately to make the base of popular...
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...