Tesco news

15 March 2017
Thought of the week: Suzannah looks into Tesco’s new waste initiative “Hello? Tesco waste hotline, how can I help?” This week, Tesco has launched a waste hotline to further combat food waste in the supply chain. The new online tool creates a direct link between suppliers and Tesco’s Product teams. The aim is to enable Tesco and its suppliers to respond more quickly and dynamically to pote...
08 March 2017
Tesco has announced it is extending its same day click and collect service, by adding a new slot. New two-hour slot Tesco shoppers can now order before 9am and book a two-hour slot to collect the grocery order from midday onwards. The new slot adds to the existing same-day service, where shoppers can order by 1pm to pick up from 4pm. This gives shoppers more flexibility for collecting their g...
31 January 2017
Tesco and Booker have reached an agreement to merge, creating a combined group that spans a wide range of retailing and wholesaling activities. The agreement values Booker at £3.7bn, or 205.3p per share. In a joint statement, Tesco and Booker outlined a number of proposed benefits and objectives for the merger: Better serve the fast growing ‘out of home’ food market Help independent retai...
24 January 2017
With a projected 35% growth rate over the next five years, it’s no surprise that food-to-go is driving significant innovation across the supply chain. Last week we saw Greggs announce a new delivery service in the City of London. Convibo also announced it will soon be offering one-hour delivery for Tesco across West London, allowing customers to order lunch and snacks with their standard bask...
18 January 2017
Convibo, the online start up, will be delivering Tesco products within the hour to customers in London. Introducing Convibo Convibo launched last March and offers same day delivery and deliveries within the hour, with no minimum order size. Convibo currently works with Waitrose, Marks and Spencer and Whole Foods delivering to Fulham, Kensington, Chelsea and most of Paddington. Deliveries are ...
11 January 2017
As part of its transformation programme, Tesco has announced major changes to its distribution network in the UK. Distribution centres to close Tesco is proposing to close two distribution centres in Welham Green and Chesterfield. Grocery operations from Welham Green will move to its Reading facility, and the majority of general merchandise operations at Chesterfield will move to Middlesbo...
20 December 2016
Tesco Malaysia has partnered with online grocery platform HappyFresh, to expand its capacity and capability to fulfil online grocery orders. Express and on-demand delivery Shoppers can select from more than 12,000 products ranging from food to non-food items, including Tesco ’s private label products. Fresh produce will be carefully selected by HappyFresh’s concierge shoppers in the neares...
16 November 2016
In his latest blog, Chris Irish takes a look at how the online channel has fundamentally changed the face of retail across the world. Last month, IGD held its Online and Digital Summit in London. The event shined a spotlight on something we’ve known for a while now: Online has fundamentally changed the face of retail across the world. Research from IGD’s ShopperVista service suggests that ne...
25 October 2016
It’s all change in supply chain. With technology moving forward ever faster, it’s a struggle to keep up with developments and innovations. But what if you could stay ahead of the curve? That would be the game-changer. And that's what IGD's Supply Chain Summit 2016 is all about. Focus on technology The first session will look at future technologies in the supply chain, from the development...
05 October 2016
Tesco's UK and International divisions grow both volume and value sales across H1 2016. LFL sales and volume growth delivered across the entire Group Tesco's core UK business has delivered LFL volume and value growth of 2.1% and 0.6% respectively. Value growth hit 0.9% in the second quarter of the reporting period; indicating an upwards trajectory. The International business has grown volume ...