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Tesco

Tesco ramps up market share and maintains profit guidance amidst fierce º£½ÇÊÓƵ supermarket wars
London
The º£½ÇÊÓƵ's biggest supermarket chain has reported a strong first quarter
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Ocado crowned Britain's fastest growing grocer as º£½ÇÊÓƵ faces highest grocery inflation in over a year
By City AM
Grocery inflation shot up to 4.1 per cent in May, driven by chocolate and suncare products in the hottest start to the month on record
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Tesco and Sainsbury's supplier hit in cyber attack with 'products wasting away'
By City AM
The firm, which also supplies Lidl and Aldi, is not among the º£½ÇÊÓƵ's top 30 food distributors, but plays a crucial role in the chilled food supply chain
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14 'smart hubs' to be installed in Newquay despite concerns
Business Improvement District
The town's business improvement district has welcomed the plans but some residents aren't happy
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Sainsbury's warns on profit growth as it reports full year numbers
By City AM
The supermarket giant reported retail underlying operating profit of £1.036bn in the 52 weeks ended March 1, up 7.2 per cent from £966m last year
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Tesco, M&S and Sainsbury's shares drop amid FTSE 100 rally after 'trolley wars' warning
By City AM
Tesco, Marks and Spencer, and Sainsbury's were all among the top fallers on the FTSE 100 this morning as investors fled the grocery sector
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Brits spent nearly £1bn on Valentine's Day as couples opt for home celebrations
By City AM
Brits spent almost £1bn on Valentine's Day this year as they sought to create a special occasion at home rather than at a restaurant, new research has shown.
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Supermarkets see varied fortunes amid rising sales with Asda continuing to struggle
By City AM
Sales at º£½ÇÊÓƵ supermarkets rose above inflation in February as shoppers looked for ways to treat themselves.
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Barclays shares could be set for 18% rise after profit beat, experts say
By City AM
The FTSE 100 lender booked a profit before tax of £8.1bn in 2024, ahead of the £8.07bn estimated, while Barclays shares slumped as much as five per cent in the aftermath of results
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Plans to build new farm shop refused as 'inappropriate development' within green belt, despite local support
Tesco
Holly's Farm said scheme was not trying to be a 'competitor to Tesco'
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Tech consultancy hedgehog lab creates 50 jobs in Yorkshire expansion
Employment
The Newcastle company has opened its latest base in Whitehall Quay in Leeds
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Barclays smashes expectations as it reaps Tesco Bank takeover rewards
By City AM
The FTSE 100 lender reported a pretax profit of £1.7bn in the fourth quarter, ahead of the £1.62bn expected by analysts
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Tesco, M&S, Kingfisher and more warn of 'perfect storm' in retail as 300,000 jobs at risk
By City AM
The Retail Jobs Alliance (RJA) - which includes retail giants Tesco, Marks & Spencer and B&Q-owner Kingfisher - warned that retailers are facing 'a perfect storm' of additional costs from this April
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Dragons' Den success for Devon coffee company after pitching on hit BBC show
Dragons Den
Little's Coffee is a family-run company founded in 1990 that is based in the South West of England
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Tesco 'interested in acquiring axed Post Office branches' as part of franchise model
By City AM
Tesjson has shown an interest in acquiring a number of axed Post Office branches as part of a franchise model, according to reports
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Lidl, Tesco and Aldi join calls for inheritance tax on farms to be paused
By City AM
The three supermarkets have signed a letter to the government that is being ring-led the National Farmers' Union (NFU)
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Plan for 'innovative' new car parking system in apartment blocks
Tesco
Dream Developments Northwest Ltd has designed the car park to be stacked
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Sainsbury's and Tesco shares tumble as supermarket bosses warn of spending slowdown
By City AM
Shares in the º£½ÇÊÓƵ's biggest retailers tumbled today after grocery bosses warned of a slowdown in consumer spending over the next year
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Tesco's bumper Christmas trading is reflect in supermarket's share price
By City AM
Tesco said it slugged 4.7% higher in the six weeks to January 4, with a "particularly strong contribution" from fresh food, more than double the market average of 2.1%.
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Record grocery spending this Christmas as Brits indulge in premium foods and sparkling wines
By City AM
Overall take-home sales at the grocers rose by 2.1 per cent over the four weeks to 29 December compared with last year, with Brits splashing out on premium lines of branded goods for festive favourites like sausage rolls and cake, as well as sparkling wine and champagne.
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Warpaint London set to acquire Brand Architekts in a £13.9m deal
By City AM
The company said under the terms of the acquisition, each shareholder would receive 48p per share
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Tesco and Sainsbury's loyalty schemes help shoppers save, says regulator
By City AM
The Competition and Markets Authority has been investigating loyalty schemes at major supermarkets including Tesco, Sainsbury's, Asda, Morrisons and Waitrose since November last year
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Pembrokeshire rum maker Barti scaling up production
Tesco
Its expansion has been backed with loan funding from the Development Bank of Wales and Pembrokeshire Lottery
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Tesco-owned convenience store chain One Stop sees sales surge to £1.3bn
By City AM
The Walsall-headquartered business has posted a revenue of £1.29bn for the 12 months to 24 February, 2024, up from the £1.17bn it achieved in the prior year
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