Tesco has in it's recently released annual report stated that "regrettably, we have conclude that there have been a number of instances of probable breaches of the Code which fall short of the high standards we expect to uphold in our dealings with our suppliers."
Read more...
|
Morrison returned to growth for the first time since December 2013, the latest grocery share figures from Kantar Worldpanel have shown, while Lidl rose its highest recorded market share.
Read more...
Tesco has appointed Diageo's former lawyer David Berry as its first UK legal director, according to legal publication, The Lawyer.
Read more...
Consumers are the real winners this year, with almost 500 medals from the 2015 International Wine Challenge being awarded to supermarkets' own-brand and exclusive wines.
Read more...
Kantar Worldpanel released it most recent UK retail figures today showing that "a massive £532m has been taken out of the supermarket revenue pool in just three months" according to Fraser McKevitt, the head of retail and consumer insights at Kantar.
Read more...
Published: 22 April, 2015
Tesco has reported the worst annual financial results in the retailer's 96 year history, showing a loss of £6.376bn and underlying profit before tax fall just over 70% for the year.
Read more...
Published: 16 April, 2015
Today Tesco confirmed several changes to its wine buying team as a result of a restructure including the appointment of James Davis MW as category buying manager for wine as well as some key departures.
Read more...
Published: 15 April, 2015
Tesco is said to be announcing a number of changes to its wine buying team including bringing back James Davis MW from Greene King and a series of redundancies, according to a report on harpers.co.uk sister publication Off Licence News.
Read more...
Published: 08 April, 2015
Aldi has overtaken Waitrose to become the sixth largest supermarket in Britainwith 5.3% of the market, according to Kantar Worldpanel's retail figures released today.
Read more...
Published: 24 March, 2015
Tesco is facing a potential multi-billion pound class action lawsuit in the UK by a not-for-profit organisation representing its shareholders, in relation to the profit overstatement it announced last year.
Read more...
Published: 20 March, 2015
Tesco has signed a deal to regain full ownership of 21 superstores that it owned-jointly with a property investment company.
Read more...
Published: 10 March, 2015
Supermarkets are missing out on £400 million in sales as price deflation continues to pick up pace offering further savings to consumers, according to latest figures from Kantar Worldpanel.
Read more...
Published: 05 March, 2015
Tesco has confirmed to Harpers.co.uk that Dan Jago, who is returning to the business on March 9, was never actually suspended from the company, but asked to "step aside".
Read more...
Published: 05 March, 2015
Shifts expected in the off-trade over the next 12 months are likely to create a "huge opportunity" for independent merchants, according to Tim Wilson of the Wilson Drinks Report.
Read more...
Published: 02 March, 2015
Tesco has launched a new code of conduct for staff, according to Harpers' sister title The Grocer.
Read more...
Published: 26 February, 2015
Dan Jago, who was suspended from his role as Tesco's director of wine, spirits and beer at the height of the fallout from the £263 million shortfall in the retailer's profits, is being reinstated and will return to the retailer in a new role on March 9.
Read more...
Published: 25 February, 2015
Morrisons has named former Tesco director, David Potts, as its new chief executive following weeks of speculation of who would succeed Dalton Phillips who announced he was stepping down in January.
Read more...
Published: 19 February, 2015
Waitrose has returned to the top spot of the Which? annual supermarkets survey - narrowly ahead of last year's winner, discounter Aldi.
Read more...
Published: 18 February, 2015
Dixons Carphone deputy chairman John Allan has been appointed to lead Tesco's board of directors as Richard Broadbent departs.
Read more...
Published: 10 February, 2015
After 13 reported months of decline Tesco has posted 0.3% growth and the supermarket industry as a whole appears to be improving with growth accelerating to 1.1%.
Read more...