Tesco sign trees

Sales continue to fall at Tesco but rate of decline has slowed under new chief executive

26 Jun 2015 | By Nigel Huddleston

UK sales at Tesco continued to fall in the first quarter of its new financial year – though the decline was less dramatic than during the horror show of 2014/15.

Tesco

Tesco admits to ‘probable breaches’ of Groceries Supply Code

08 Jun 2015 | By Erin Smith

Tesco has in it’s recently released annual report stated that “regrettably, we have conclude that there have been a number of instances of probable breaches of the Code which fall short of the high standards we expect to uphold in our dealings with our suppliers.”

Kantar

Morrisons returns to growth, and Lidl takes its highest market share

02 Jun 2015 | By Arabella Mileham

Morrison returned to growth for the first time since December 2013, the latest grocery share figures from Kantar Worldpanel have shown, while Lidl rose its highest recorded market share.

Tesco sign

Tesco appoints former Diageo lawyer to head up legal team

29 May 2015 | By Arabella Mileham

Tesco has appointed Diageo’s former lawyer David Berry as its first UK legal director, according to legal publication, The Lawyer.

Marks & Spencer Mount Bluff NV Sparkling Chardonnay

Consumers win as supermarket wines awarded nearly 500 medals at IWC 2015

13 May 2015 | By Erin Smith

Consumers are the real winners this year, with almost 500 medals from the 2015 International Wine Challenge being awarded to supermarkets’ own-brand and exclusive wines.

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Kantar

Kantar: £532m lost from supermarket revenue pool in just three months

06 May 2015 | By Erin Smith

Kantar Worldpanel released it most recent UK retail figures today showing that “a massive £532m has been taken out of the supermarket revenue pool in just three months” according to Fraser McKevitt, the head of retail and consumer insights at Kantar.

Tesco

Tesco 2015 results report a £6.4 billion loss

22 Apr 2015 | By Erin Smith

Tesco has reported the worst annual financial results in the retailer’s 96 year history, showing a loss of £6.376bn and underlying profit before tax fall just over 70% for the year.

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