Tesco
Coverage of Tesco in the Nexus archive.
- Tesco Explores Sale of Eastern European Business, FT Reports
Tesco is considering the sale of its Eastern European business, according to a report by the Financial Times. The article mentions a Tesco logo but provides no additional details.
- Supermarché chic! How France's Monoprix, Carrefour and Super U trump Tesco, Asda and Lidl for fashion - with espadrilles, Breton stripes and lingerie the best buys
French supermarkets Monoprix, Carrefour, and Super U outperform UK and German rivals Tesco, Asda, and Lidl in fashion offerings, with espadrilles, Breton stripes, and lingerie as top-selling items.
- Tesco security guard, 58, dies after choking on doughnut in front of colleagues and customers at work
A 58-year-old Tesco security guard died after choking on a doughnut at work. The incident occurred in front of colleagues and customers.
- Lessons from the VMwars – nothing virtual about the Broadcom vs Tesco slugfest
Tesco is challenging Broadcom in court over allegations of contractual violations and unfair practices, including revoked support and perpetual licenses. The legal battle highlights tensions over Broadcom's pricing strategies and pressure on customers to adopt new products, with Tesco resisting despite potential migration costs.
- Supermarket giant Tesco sues VMware for breach of contract
Supermarket giant Tesco has filed a lawsuit against VMware, alleging breach of contract. The case centers on contractual obligations between the two companies.
- Tesco’s UK sales growth more than halves amid Iran war uncertainty
Tesco's UK sales growth halved to 1.8% due to Middle East conflict uncertainty, though the retailer outperformed City analysts' expectations and reported strong online sales. The growth rate was lower than the previous quarter's 4.2% and below the 2.3% analysts had predicted.
- Tesco Sales Disappoint as Higher Prices Deter UK Shoppers
Tesco's sales disappointed as higher prices deterred UK shoppers. A customer was seen loading bags outside a Tesco supermarket in London.
- Tesco is sprinting to quit VMware and Broadcom despite rapid migration risks
Tesco is replacing VMware and Broadcom products amid a UK High Court lawsuit against Broadcom over breached licensing contracts and anti-competitive practices. The retailer faces significant operational risks and costs migrating to alternatives, with critical systems like payroll and store ordering reliant on Broadcom's software.
- Too posh for prosecco but not on a champagne budget? Crémant is the answer... as sales of the French sparkling wine soar at Waitrose and Tesco
Crémant, a French sparkling wine, is gaining popularity as a premium alternative to prosecco and champagne. Sales of Crémant are rising at major UK retailers Waitrose and Tesco, indicating growing consumer demand.
- The ultimate supermarket wine guide: A perfect fridge-door white at £6.99, a brilliant fizz for just £12.75 and a gorgeously crisp rosé… the best bottles NOW at Tesco, Asda, Morrisons, Co-op and Lidl, by expert HELEN MCGINN
The article highlights affordable wine options from major UK supermarkets, including a £6.99 white wine, a £12.75 sparkling wine, and a crisp rosé, curated by expert Helen McGinn. It emphasizes value-for-money selections available at Tesco, Asda, Morrisons, Co-op, and Lidl.
- Tesco boss Ken Murphy scoops record £10m payday
Tesco boss Ken Murphy received a record £10m payday. This payout is notable as it is a significant amount. The payment is related to his role at Tesco.
- Tesco boss’s pay rises by more than £1m to £10.8m after market share surge
Tesco's CEO Ken Murphy's pay increased by over £1m to £10.8m due to a surge in market share. The UK's biggest supermarket hit its highest market share in a decade. Murphy's basic pay rose by 3% to £1.54m and the food waste target was scrapped for his long-term bonus.
- Waitrose is cheaper than Sainsbury's and Tesco if you don't have a Nectar or Clubcard (but one budget retailer still wins out over the loyalty schemes)
Waitrose is cheaper than Sainsbury's and Tesco without loyalty schemes, but one budget retailer remains the best option. This challenges the perception that Waitrose is always more expensive. The comparison highlights the importance of considering loyalty schemes when evaluating grocery prices.
- Dozens of toys recalled in the UK after asbestos found in play sand
More than 30 children’s toys have been recalled in the UK after play sand sold by Hobbycraft was found to contain asbestos. Retailers like Tesco, Primark, Matalan, and M&S have also recalled other products such as candle-making kits and rubber toys due to asbestos contamination.
- The supermarket cafe revival: Tesco and M&S eateries shake dreary image to become a middle-class haven thanks to plush decor and trendy dishes such as lavender iced matcha and harissa halloumi flatbread
Tesco and M&S supermarket cafes are transforming their image from dreary to upscale middle-class havens through modern decor and trendy dishes like lavender iced matcha and harissa halloumi flatbread. This shift reflects a broader effort to attract customers with premium dining experiences in retail settings.
- Tesco warns profits could fall amid Iran war uncertainty
Tesco, the UK's largest supermarket, reported an 8.5% rise in annual profits to £2.4bn but warned of potential declines in the coming year due to uncertainty from the Middle East conflict. The company noted it has achieved its highest market share in a decade.
- Dominant Tesco on course to post bumper profits
Tesco, a leading UK-based retail company, is projected to achieve significant profits due to its dominant market position. The article highlights the company's strong financial performance and growth trajectory.