Tesco

Tesco Sells Mortgage Portfolio To Lloyds Banking Group

Tesco Bank, the financial services arm of retailer Tesco, has confirmed the sale of its mortgage portfolio to Lloyds Banking Group for a cash consideration...

Irish Grocery Sales Grow 2.7% In The Latest 12-Week Period: Kantar

Irish grocery sales grew by 2.7% year-on-year in the 12-weeks to 11 August 2019, according to the latest figures from Kantar. Shoppers visited grocery s...

Tesco Announces Second Phase Of Remove, Reduce, Reuse And Recycle Plan

Tesco has announced the second phase of its 'Remove, Reduce, Reuse and Recycle' plan aimed at tackling excess packaging in private-label as well as branded...

'Big Four' Slump Continues According To Latest UK Kantar Figures

The UK's 'Big Four' supermarkets, Tesco, Sainsbury's, Asda and Morrisons, all saw their sales decline in the 12 week period to 11 August 2019, compared to...

Nestlé Launches Vegan Coffee Mixes In The UK And Ireland

Food giant Nestlé has launched a new range of dairy-free Nescafé Gold lattes, developed from plant-based ingredients, in the UK and Irel...

Tesco To Cut 4,500 Jobs In Metro Restructuring

Tesco, Britain's biggest retailer, is to cut around 4,500 jobs from its Metro stores in a new wave of redundancies designed to cut costs and reposition the...

Sales Of Single-Use Plastic Bags Decline In The UK: Study

The sales of plastic bags in the UK's seven biggest retail outlets have reduced by almost 90% since a 5p charge was introduced in 2015, the latest governme...

Tesco Set To Downsize Hypermarkets In Poland: Reports

Tesco is planing to downsize its hypermarkets in Poland to so called 'compact hypermarkets', according to media reports. News portal Wiadomości Handlowe...