Latest Tesco news
Today Tesco confirmed several changes to its wine buying team as a result of a restructure including the appointment of James Davis MW as category buying manager for wine as well as some key departures.
Tesco is said to be announcing a number of changes to its wine buying team including bringing back James Davis MW from Greene King and a series of redundancies, according to a report on harpers.co.uk sister publication Off Licence News.
Aldi has overtaken Waitrose to become the sixth largest supermarket in Britainwith 5.3% of the market, according to Kantar Worldpanel’s retail figures released today.
Tesco is facing a potential multi-billion pound class action lawsuit in the UK by a not-for-profit organisation representing its shareholders, in relation to the profit overstatement it announced last year.
Tesco has signed a deal to regain full ownership of 21 superstores that it owned-jointly with a property investment company.
Supermarkets are missing out on £400 million in sales as price deflation continues to pick up pace offering further savings to consumers, according to latest figures from Kantar Worldpanel.
Tesco has confirmed to Harpers.co.uk that Dan Jago, who is returning to the business on March 9, was never actually suspended from the company, but asked to “step aside”.
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