Tesco chair Allan stepping down over allegations of inappropiate conduct toward women
Photo courtesy of Tesco
Aldi noses out Lidl again to remain UK’s least expensive supermarket
One month ago, in an effort to save British consumers money at checkouts, Waitrose said it would be slashing prices on already reduced items. It has put an incredible £100m investment behind cost-saving initiatives, including fruit and vegetable areas. And yet, when Which? revealed its latest monthly numbers on the cost of the average supermarket shop […]
Tesco launches £5 million grant programme to improve health of school children
In a quest to provide impoverished school children with more healthy food, including fruits and vegetables, Tesco is reimaging its community funding effort with a new £5 million grant programme that will launch this summer. More than 5,000 schools will be able to apply for the grants, which will deliver a series of £1,500 checks […]
Tesco’s full network of UK growers achieve LEAF Marque standard
All of Tesco’s UK-based fruit and vegetable growers are LEAF-Marque certified, setting a high bar on sustainability that should carry through for generations. The nearly 500 growers have committed to strong climate standards that include ensuring soil health, limiting carbon emissions and preventing deforestation. In addition, they’ve fostered biodiversity across their farms. “Reaching this significant […]
Aldi beats out Lidl for Cheapest Supermarket in UK for 2022
Discount retail chain Aldi wrapped up another great year here with a shiny new gift in late December – the honour of being named the Cheapest Supermarket in the UK for 2022. The latest Which? report, coming on the heels of others throughout the year that touted Aldi as least expensive for shoppers, officially gave […]
UK consumers spent record £12.8B in December, but sales volume dropped
Total grocery sales in the UK jumped more than 7.5% in the run-up to Christmas, according to new data released by Kantar, helped by a slight dip in price inflation. However, the data insight and consultancy points out that while sales did reach a record £12.8 billion, volumes were down by 1% year over year. […]
Tesco begins process to replace outgoing chairman John Allan
British retailer Tesco recently shared that it is preparing to find a replacement for John Allan, who is set to step down as chairman in 2024, Sky News reports. The role is one of the FTSE-100’s most prestigious boardroom posts, according to the outlet. As per UK corporate governance rules, Allan will be ‘timed out’ in just […]
To reduce food waste, Tesco pitches produce exchange program to suppliers
Tesco is giving more than 3,500 suppliers the chance to alleviate costs and expand environmentally friendly practices by taking part in a new scheme where they can sell or transfer unwanted products to other suppliers. The unique trade system called Tesco Exchange will be a digital “marketplace” where suppliers with too much stock – “crops, […]
