Tesco

Tesco Workers Set For £30m Shares Windfall

More than 20,000 Tesco employees will share a windfall profit of more than £30 million (€35.4 million) from maturing stock schemes, Britain's bi...

UK Retailer Asda Says It Returned To Profit In FY 2023

Asda said it returned to a pretax profit in its 2023 financial year, even though it lost market share to rivals over the period.

UK Grocery Sales Growth Slows In June As Wet Weather Weighs, Says NIQ

Sales growth at British supermarkets slowed in June, reflecting wet weather, strength in sales last year and lower food inflation, industry data has shown.

Irish Grocery Sales Rise Despite Gloomy Summer Weather: Kantar

Take-home grocery sales in Ireland registered a 3.4% increase in the four weeks to 9 June with store trips up 1.5%, according to the latest data from Kanta...

UK Retail Sales Rebound In May But Shoppers Still Cautious

British retail sales jumped sharply last month after heavy rain kept shoppers away in April, official figures showed, in a minor boost for Prime Minister R...

UK Grocery Inflation Declines In June For Sixteenth Month In A Row: Kantar

UK grocery inflation fell for a sixteenth month in a row in June, industry data showed, providing a little cheer for Prime Minister Rishi Sunak ahead of ne...

'No Difficulty' Defending Tesco CEO's £10m Pay Package, Chairperson Says

The chair of Tesco told investors on Friday he had "no difficulty" defending the near £10 million ($13 million) pay package of the British...

Tesco To 'Make The Most' Of The Summer Of Sport, CEO Says

Tesco is preparing to make the most of major sporting events this summer by doubling down on product innovation, CEO Ken Murphy said in a media call with r...