Campaigning to curb supermarket power

Supermarket News

For media articles from 2016, 2015, 2014 and 2013 please scroll down the page. For archive media articles please click on the relevant year - 2012, 2011, 2010, 2009, 2008, 2007, 2006

2017

 

UK supermarket’s proposal upsets Kenyan tea producers
Daily Nation, 27th June 2017

Kenyan tea producers have opposed plans by UK supermarket chain Sainsbury’s to change the way Fairtrade tea is sold in British and European shops...read more...

Tesco and Sainsbury's set to own a quarter of all convenience stores, putting many independent shopkeepers at risk
Mail on Sunday, 27th June 2017

Two of Britain’s biggest supermarkets could control almost a quarter of our 41,000 convenience stores if their plans go ahead. The latest drive into the market was spearheaded by Tesco in January with a £3.7 billion deal for wholesaler Booker. It then emerged last weekend that Sainsbury’s was closing in on convenience store group Nisa, with a deal worth £130 million...read more...

Aldi amasses $2 billion property portfolio as it introduces stores across Australia
The Sydney Morning Herald, 23rd June 2017

German discount supermarket Aldi has amassed a property portfolio worth close to $2 billion in Australia, providing it with security of tenure and significant capital gains...read more...

Tesco’s Booker buy ‘inspired Sainsbury’s copycat bid’
Evening Standard, 19th June 2017 

Tesco’s £3.7 billion swoop on wholesaler Booker is spurring Sainsbury’s interest in convenience store chain Nisa, analysts said today...read more...

Grocery Tracker: European Discount Supermarket Lidl Is Coming To U.S.
PYMNTS.com,  8th June 2017

Americans, it’s pronounced “LEE-dil (Lidl),” and you’d better get used to it because the popular https://www.thesun.co.uk/money/3689102/tesco-is-to-trying-out-currys-pc-world-outlets-in-its-biggest-stores/European discount grocery chain is coming to the States. Lidl, based in Neckarsulm, Germany,  plans to open 20 or more stores starting June 15 in North Carolina, South Carolina and Virginia, with 80 more to be added by the middle of next year...read more...

Investors call for Tesco to halt Booker takeover claiming it might undermine supermarket's recovery
Mail on Sunday, 4th June 2017

Tesco's £3.7billion takeover of wholesaler Booker is facing fresh opposition from the supermarket's major investors...read more...

EVERY LITTLE HELPS Tesco is trialling Currys PC World outlets in its biggest stores
The Sun, 31st May 2017

Tesco has struck a deal with Dixons Carphone to begin trialling Currys PC World outlets in its biggest stores...read more...

UK competition regulator formally opens Tesco-Booker probe
Reuters.com, 30th May 2017

Britain's competition regulator has formally opened an investigation into Tesco's 3.7 billion pound ($4.8 billion) plan to buy wholesaler Booker , seeking to establish whether it could reduce competition and choice for customers...read more...

Booker/Tesco: Bestway survey finds just 11% of independents support merger
TalkingRetail.com, 15th May 2017

Just 11% of the 2,548 independent retailers surveyed by Bestway Wholesale are in favour of the merger, according to a recent Bestway survey...read more...

Booker hopes profit jump will clinch Tesco tie-up
Daily Telegraph, 14th May 2017

Booker will attempt to convince investors of the merits of its £3.7bn tie-up with Tesco next week with a jump in annual sales and profits...read more...

Tesco to sell 206 in-store opticians branches to Vision Express - but it vows to keep all staff employed
Daily Mirror, 20th April 2017

Britain's biggest supermarket Tesco is to sell its 206 opticians branches to Vision Express under new plans to further "strengthen" the business...read more...

Tesco looks to draw a line under accounting scandal
The Observer, 9th April 2017

It used to be said that Tesco was so popular that one in every eight pounds spent in the UK retail sector ended up in the supermarket’s jingling tills. Some £214m of that hard-earned money could soon be weighing down the pockets of the Serious Fraud Office, and of investors affected by its 2014 accounting scandal, in the form of fines and compensation, after a settlement agreement last month...read more...

Tesco-Booker deal will face store sell-off following the Peterborough test
Daily Telegraph, 8th April 2017

Peterborough is due to become the unlikely battleground for Tesco’s multi-billion pound takeover of Booker as the competition watchdog decides whether the deal will hand the pair too much power over the grocery industry...read more...

Nisa boss warns of 'enormous pain' from £3.7bn Tesco Booker takeover
Daily Telegraph, 4th April 2017

The boss of Nisa has argued there will be an "enormous amount of pain" as a result of Tesco's proposed £3.7bn takeover of wholesaler Booker....read more...

Tesco merger sparks pressure to offload convenience stores
Daily Telegraph, 1st April 2017

Tesco could be forced to sell hundreds of small high-street stores amid rising concern from rivals that its £3.7bn merger with Booker will give it a stranglehold on the grocery industry...read more...

Tesco should take heed of criticism over Booker deal
Daily Telegraph, 28th March 2017

Tesco was always going to face a bit of a food fight to pull off its surprise £3.7bn tie-up with wholesale giant Booker, but at this rate the deal risks turning into a bit of a dog’s dinner...read more...

Two Tesco shareholders oppose £3.7bn takeover of wholesaler Booker
The Guardian, 27th March 2017

Tesco’s £3.7bn takeover of Booker, the grocery wholesaler, is in doubt after two major shareholders in the supermarket group expressed their opposition to the deal...read more..

Tesco pays £129m to settle Serious Fraud Office probe into accounting scandal
The Telegraph, 28th March 2017

Tesco is to pay a £129m fine and £85m in compensation to shareholders to settle a probe by regulators into an accounting scandal...read more..

Booker woos shopkeepers over Tesco merger
The Telegraph, 5th February 2017

Booker bosses will launch a charm offensive this week in an attempt to convince Britain’s shopkeepers of the merits of its shock £3.7bn Tesco merger, amid rising concerns that the deal will strangle competition in the convenience store market...read more...

War of convenience as supermarket chains take on small stores
The Guardian, 4th February 2017

I used to know 98% of my customers by name but now it’s more like 40 to 50%, as there’s always new people coming in and shoppers are not so loyal these days,” says Vijay Patel, who has been manning the checkout in his shop on the edge of a London council estate since the early 80s...read more...

Tesco rejects £170m claim by shareholders and denies allegations there was pressure on staff to achieve profit targets by 'dishonest means'
Daily Mail, 4th February 2017

The supermarket group is facing legal claims from investors after the accounting scandal of 2014 in which it emerged Tesco had overstated actual and expected profits by £284 million...read more...

Tesco rejects claims it aims to cut 1,200 employees in Ireland
The Irish times, 3rd February 2017

Tesco has rejected claims made by an independent TD in the Dáil that it intends to get rid of 1,200 jobs in Ireland. A spokeswoman for the supermarket giant said on Friday there would be “no job losses”, but said there was an option to take voluntary redundancy...read more...

Tesco's One Stop to be scrutinised in Booker deal
Daily Telegraph, 29th January 2017

Tesco’s One Stop convenience chain is expected to be a key area of scrutiny for competition regulators poring over the details of the merger between Booker and Britain’s biggest retailer...read more...

Tesco to merge with Britain's biggest food wholesaler Booker in £3.7bn deal

The Independent, 27th January 2017

Shares in Tesco shot up close to 10 per cent on Friday after Britain's biggest retailer announced that it was merging with Booker, the UK's top food wholesaler, in a £3.7bn deal...read more...

Here’s why Tesco’s mega deal with Booker might not actually happen
The Independent,27th January 2017

Convenience stores all around the country may think that they have good reason to be concerned...read more...

Tesco faces new legal action over accounting scandal
Reuters, 25th January 2017

Britain's biggest retailer Tesco PLC (TSCO.L) is facing a new claim for damages from an investor about its 2014 profit overstatement, the company said on Tuesday...read more...

2016

Tesco speeds up plans to build homes on stores and car parks
The Telegraph, 17th December 2017

Tesco has kicked off radical plans to build hundreds of homes on some of its largest supermarket sites. Britain’s biggest retailer is understood to be holding a beauty parade of property developers who are vying to be involved in the scheme, which could help relieve the country’s housing shortage...read more...

Tesco Towers: supermarket enters the fray with a radical new solution to the housing crisis
The Telegraph, 19th November 2016

Tesco is planning to turn some of its largest urban supermarkets into mini-Tesco villages containing hundreds of homes as it looks for new ways to raise cash to fund a giant turnaround...read more...

EU moves to protect farmers from aggressive supermarket buying tactics
Euroactiv.com, 15th November 2016

As France launches an investigation into Carrefour’s unfair business practices, a new Brussels report has called for the relationship between farmers and supermarkets to be rebalanced. EurActiv France reports...read more...

Tesco makes gains as Aldi and Lidl growth hits five-year low
The Guardian, 15th November 2016

Aldi and Lidl have sunk to their slowest growth rate since 2011 as Tesco almost doubled its pace of expansion...read more...

Tesco and Lidl take gloves off over planning appeals
Irish Examiner, 9th November

The gloves are off in the supermarket planning wars involving the UK’s Tesco and German discounter Lidl. This follows Lidl accusing Tesco of engaging “in a potentially cynical attempt” of using the planning process to frustrate its expansion plans. Over the past 12 months, Tesco has opposed at least six new Lidl retail outlets at An Bord Pleanála, and has lost out in every decision to date...read more...

Big Four supermarkets shelve plans for new stores
Daily Telegraph, 7th November 2016

The supermarket space race can be declared well and truly over as fresh figures reveal that plans to build new stores have ground to a halt....read more...

Tesco faces £100m claim from investors over accounting scandal
The Guardian, 31st October 2016

Tesco is facing a claim of more than £100m in damages by a group of investors who say the supermarket made misleading statements to the stock market...read more...

Tesco trio to stand trial in September 2017 over fraud charges
The Telegraph, 20th October 2016

Three former Tesco directors will stand trial in Crown Court next September to face charges of fraud in relation to the retailer's £263m accounting scandal...read more...

Tesco workers take company to court over alleged discrimination
The Guardian, 16th October 2016

Tesco workers are taking legal action against their employer on grounds of age and gender discrimination after the supermarket cut its pay rates for night and weekend shifts...read more...

Tesco faces UK legal action over accounting scandal
BBC.co.uk, 2nd October 2016

Tesco is facing a legal action by a group of investors who claim to have lost £150m due to the supermarket's 2014 accounting irregularities scandal...read more....

Tesco executives plead not guilty to £326m fraud charges
The Independent, 22nd September 2016

Three former Tesco executives have denied charges in relation to the £326 million accounting scandal at the supermarket...read more...

Supermarkets aim small in new space race
The Telegraph, 10th September 2016

The modest corner shop has become the new battleground for the major supermarkets as a new space race erupts in the convenience store market. Tesco and Sainsbury’s are the only members of the “Big Four” to have submitted planning permissions for new shops this year, but almost all the applications are for convenience stores, fresh figures exclusively compiled for The Sunday Telegraph show...read more...

Tesco to end 24-hour trading at 30 MORE stores – full list revealed
The Mirror, 9th September 2016

Thirty 24-hour Tesco stores are to have their opening hours cut...read more...

Tesco planning appeals halt expansion moves by supermarket rivals
Irish  Independent, 18th June 2016

Tesco Ireland Ltd has lodged two planning appeals to An Bord Pleanála in recent days against decisions by local authorities giving Aldi the go-ahead for a new store at Leixlip, Co Kildare, and Lidl for a new store in Drogheda, Co Louth...read more..

Tesco sells Giraffe restaurant chain and Turkish business
BBC News.co.uk, 10th June 2016

Tesco has announced it is to sell its Giraffe restaurant chain to the owner of Harry Ramsden's restaurants, Boparan, for an undisclosed sum...read more...

Tesco 'takes a hit' on Giraffe restaurant sale
The Week, 10th June 2016

Tesco confirmed this morning that it has sold its loss-making Giraffe restaurants business to the owner of the Harry Ramsden's chip shops for an undisclosed sum...read more...

Tesco to sell half its stake in online retailer Lazada for £90m
The Guardian, 12th April 2016

Tesco has agreed to sell half its stake in Lazada, a south-east Asian online retailer, to China’s Alibaba for about £90m as the UK supermarket group concentrates on its home business...read more....

Tesco may shed Dobbies garden centre business
The Guardian, 11th April 2016

Tesco’s new management team could be preparing the sale of the Dobbies Garden Centres chain it bought in 2007....read more...

Tesco looks to offload Giraffe restaurants in bid to cut losses from old regime
Daily Telegraph, 31st March 2016

Tesco is mulling the sale of its Giraffe restaurant chain in a move to cut its losses and distance itself from its former management’s wrong-footed strategy...read more...

Tesco considering cutting store staff by 39,000 over three years
The Guardian, 26th February 2016

Tesco is considering cutting store staff by 39,000 over the next three years as Britain’s biggest supermarket group attempts to reverse a slump in profits...read more...

Tesco faces legal action over land use restrictions
The Telegraph, 13th February 2016

Tesco is being sued by a property developer over a breach of competition law that stops rival retailers from building stores near one of its supermarkets...read more...

Tesco takes full ownership of Harris + Hoole coffee chain
The Guardian, 10th February 2016

Tesco has taken full ownership of the loss-making Harris + Hoole coffee shop business, dispelling expectations that the supermarket would offload its stake in the chain...read more...

Tesco must pay £1m costs for watchdog investigation
The Guardian, 3rd February 2016

Tesco has been forced to pay £1m towards the costs of the grocery watchdog’s investigation that found the supermarket had deliberately delayed payments to suppliers to boost profits...read more...

Lidl ramps up expansion plans as other grocers try to slim down
The Telegraph, 30th January 2016

Lidl has ratcheted up its UK expansion plan by issuing almost three times as many planning applications as Aldi for new supermarkets in the last quarter of the year...read more..,

Tesco delayed payments to suppliers to boost profits, watchdog finds
The Guardian, 26th January 2016

The grocery market watchdog has ordered Tesco to make “significant changes” in the way it deals with suppliers after finding the supermarket had deliberately delayed payments to boost its profits...read more...

Sainsbury's to open 10 new Netto stores in the UK
International Business Times, 9th January 2016

Sainsbury's has decided to step up its battle against discount retailers such as Aldi and Lidl. The UK supermarket is to open 10 new Netto stores in the North of England. It confirmed that the planning applications required for the launch has already been filed...read more...

2015

Probe into Tesco over suppliers code claims to be published in January
Daily Mail, 28 December 2015

An investigation into Tesco's relationships with suppliers is now due to be published towards the end of January, almost a year after the regulator said it had "reasonable suspicion" that the supermarket giant had breached the Groceries Supply Code of Practice...read more...

Waitrose Plans to Open 14 new shops Next Year
International Supermarket News.com, 23rd December 2015

Waitrose has reported that it hopes to make 1,500 employments in new branches and its e-business basic supply warehouse in 2016...read more...

Trouble for Tesco as shares close at 18 year lows
The Telegraph, 10th December 2015

At of the close of trading on Wednesday night, shares in Tesco stood at 153p each, valuing the retailer at £12.6bn. That marks a new low for this year, and indeed the lowest the shares have closed since October 1997....read more...

Tesco garden centre chain Dobbies £48m in red
The Guardian, 8th December 2015

Tesco’s garden centre chain, Dobbies, has slumped £48m into the red after writing down the value of its stores...read more...

Tesco ends turtle trade: Chain's Chinese stores stop selling reptiles as a delicacy after complaints from campaigners
Daily Mail, 14th October 2015

Tesco has abandoned the sale of turtles for the dinner table at its stores in China where they were packed alive into plastic bags or butchered in front of customers. The company has bowed to pressure from animal welfare campaigners who accused the retailer of putting profit before animal welfare...read more...

Tesco says national living wage will cost it £500m by 2020
The Guardian, 6th October 2015

Tesco has said George Osborne’s new “national living wage” will cost it £500m by 2020, putting further pressure on profitability at Britain’s biggest supermarket...read more...

Morrisons faces legal spat over unwanted stores
Daily
Telegraph, 26th September 2015

Embattled supermarket retailer Wm Morrison is in a legal row with a clutch of property developers over a string of supermarket sites that it has pulled out of building...read more..

Tesco scraps 24-hour opening at two large stores
The Guardian, 23rd September 2015

Tesco has scrapped 24-hour opening at two large stores, and other shops with low numbers of nightime shoppers may soon follow suit in an attempt to cut costs. As part of efforts by the chief executive, Dave Lewis, to restore the group’s fortunes, Tesco has decided to shut one Extra outlet and one superstore at night because not enough customers were using them. The supermarkets will now close at midnight and reopen at 6am...read more...

Tesco seeks to sell sites
Irish Examiner, 17th September 2015

Struggling retailer Tesco is seeking to recoup tens of millions of euros, from the sale of 25 development sites it had amassed for new stores or expansion, in 16 counties around Ireland...read more...

Morrisons sells its chain of convenience stores
BBC.co.uk, 9th September 2015

Supermarket chain Morrisons has agreed to sell 140 M local convenience stores for about £25m..read more...

Tesco to reduce net debt by as much as £3.35bn after Homeplus sale
The Guardian, 7th September 2015

Tesco is to pay off some of its multibillion-pound debts and could buy back the leases on some stores after securing £4bn from the sale of its Korean business, Homeplus...read more...

Tesco pulls out of South Korea to boost balance sheet by £4bn
Londonlovesbusiness.com, 7th September

Beleaguered supermarket chain Tesco is selling its South Korean stores for £4bn in a bid to improve its core business in Britain which has been hit by falling sales, a £263m accounting scandal and a £6.4bn loss...read more...

Philip Clarke to be interviewed by fraud office over Tesco accounting scandal
The Guardian, 27th August 2015

Former Tesco chief executive Philip Clarke is set to be questioned by the Serious Fraud Office as it nears the conclusion of an investigation into a multi-million-pound accounting scandal at the retailer...read more...

Aldi unveils £600m UK expansion plan
Scottish construction News, 7th August 2015

German discount supermarket Aldi has unveiled plans to open 130 extra stores in the UK over the next two years in a £600 million expansion...read more...

Tesco has abandoned 62 planned stores across the UK as it tries to cut costs and turn its business around
Daily Mail, 26th July 2015

Tesco has abandoned 62 planned stores in the past five years in a bid to cut costs and turn around the fortunes of the ailing company...read more...

Tesco abandons three times as many supermarkets as its rivals
The Telegraph, 25th July 2015

Tesco has abandoned three times as many new supermarket sites as all of its rivals put together over the last five years in a fresh sign that the “space race” is over...read more...

Harris + Hoole founders to quit Tesco-backed coffee chain after three years

The Guardian, 21st July 2015

The three siblings who founded and run Harris + Hoole are leaving the Tesco-backed coffee chain...read more...

Tesco seeks fresh start with suppliers who survive cull
Reuters, 30th June 2015

Suppliers to Tesco (TSCO.L) can expect a better deal from Britain's biggest supermarket chain as it tries to sustain a tentative revival -- providing their wares survive a cull that is removing thousands of products from shelves...read more..

Tesco suppliers say retailer worst at following grocery code of practice
The Guardian, 22nd June 2015

Tesco’s suppliers have rated the retailer as the worst of the major supermarkets at complying with a government-backed industry code designed to protect manufacturers...read more...

Tesco's lost decade
Daily Telegraph, 13th June 2015

When Dave Lewis unveiled a comprehensive list of measures to rebuild Tesco in January, it seemed he could do no wrong. The new Tesco boss said he would close 43 unprofitable stores, shut the company’s headquarters in Cheshunt, scrap the defined benefit pension scheme and cut £250m of costs, moves which put thousands of jobs at risk. Shares in Britain’s biggest retailer rocketed by 15pc, the most in a single day for 27 years. “Drastic Dave” had lived up to his name...read more...

Tesco puts South Korean business Homeplus up for sale
BBC News, 9th June 2015

Private equity firms KKR & Co, Carlyle Group and CVC Capital Partners are among the firms Tesco has approached, according to Reuters. The sale is seen as a way of funding Tesco's turnaround plan after last year's accounting scandal...read more...
 

Tesco faces wrath of watchdog over mistreatment of suppliers
Daily Telegraph, 6th June 2015

Tesco has admitted that it is likely to have breached the grocery industry’s code of practice in its dealings with suppliers, leaving Britain’s biggest retailer at serious risk of a reprimand from the watchdog...read more...

Accountancy watchdog to focus on suppliers after Tesco profits scandal
The Guardian, 29th May 2015

The relationship between retailers and their suppliers is to be scrutinised in the wake of the Tesco accounting scandal – in which the group overstated last year’s expected first-half profits by about £250m...read more...

Tesco ends non-food dream by closing Homeplus shops
The Telegraph, 12th May 2015

Tesco has called time on its non-food only stores in the UK by closing the last six Homeplus shops with the loss of 450 jobs...read more...

Farmers feel the squeeze from supermarket deals
The Guardian, 10th May 2015

Steve is angry. We’ll call him Steve, though that is not his real name. He is a successful farmer, growing thousands of tonnes of produce which he sells to the leading supermarkets. You’ve probably bought some of his produce . But he has had enough...read more...

March of Aldi and Lidl continues: Discount retailers planning more than five times the expansion of the 'big four' supermarkets put together
Daily Mail, 5th May 2015

Aldi and Lidl have more than five times the number of planning applications lined up in comparison to the 'big four', according to reports...read more...

Tesco’s fall tells a wider story about our failing capitalism
The Guardian, 26th April 2015

It is the sixth biggest corporate loss in British history and the largest ever in British retailing, just the latest in a lengthening list of disasters. Tesco’s £6.4bn fall from grace is in the same league as BP’s multibillion-dollar compensation for the oil spills in the Gulf of Mexico (though not quite up there with RBS’s bankruptcy in 2008)...read more...

Tesco reports record £6.4bn loss
The Guardian, 22nd April 2015

Supermarket group reports worst results in its history and UK’s biggest retail loss as company undergoes latest shakeup under new boss Dave Lewis...read more...

Tesco posts record loss: what the experts say
The Guardian, 22nd April 2015

Here’s what City analysts are saying after one-off writedowns helped to drive Britain’s largest supermarket into the UK’s biggest-ever retail loss...read more...

Sainsbury's to convert supermarkets into non-food space
The Telegraph, 15th April 2015

J Sainsbury is planning to convert shop space equivalent to almost 40 supermarkets from selling food into non-food as it tries to fight back against a fall in grocery sales...read more...

Tesco could face £3bn bill for failing supermarkets
The Telegraph, 10th April 2015

Tesco is facing a bill of £3bn on its failing supermarkets as Britain's biggest retailer fights against falling sales and profits, City analysts have warned...read more....

Tesco begins land sell-off to raise cash
The Telegraph, 29th March 2015

Tesco has begun selling off land once earmarked for new supermarkets, which could raise hundreds of millions of pounds for the embattled grocer and provide sites for thousands of new homes...read more...

Tesco to reduce number of charges imposed on suppliers
The Guardian, 30th March 2015

Tesco is radically restructuring the way it works with suppliers, cutting the number of ways in which it charges them from 24 to just three. The plan was outlined by Dave Lewis, the chief executive, as the groceries watchdog investigates Tesco over its dealings with manufacturers and distributors in the wake of a £263m accounting scandal linked to misstatement of income from such suppliers...read more...

Sainsbury's could open 1,500 new mini stores after takings surge
The Mirror, 26th March 2015

Sainsbury's has the potential to double the number of mini stores to more than 1,500, its boss declared...read more..

Aldi to open more stores than Tesco, Sainsbury’s and Morrisons combined

The Telegraph, 21st March 2015

Alid is planning to open more new shops in the UK this year than Tesco, Sainsbury’s and Morrisons combined according to comprehensive new supermarket research that lays bare the dramatic changes in the industry...read more...

Tesco regains ownership of 21 UK superstores
Reuters.com, 20th March 2015

Britain's biggest retailer Tesco said on Friday it has regained sole ownership of 21 superstores in a deal with British Land that forms part of a plan to strengthen its core UK business...read more...

Dave Lewis launches new code of conduct for Tesco staff
The Grocer, 2nd March 2015

Dave Lewis has told Tesco’s employees they “must speak up” if they suspect misconduct in its trading relationships with suppliers...read more...

Tesco plans management cull to restore fortunes
The Guardian, 15th February 2015

Tesco is preparing to shed up to 9,000 jobs in a turnaround plan that would remove a layer of management in larger supermarkets in addition to slimming its head office and closing outlets...read more...

The ghost Tesco stores
BBC News magazine, 13th February 2015

After years of expansion, Tesco has announced plans to close shops across the UK. How do people's day-to-day lives change when their local grocery store shuts its doors?...read more...

Tesco faces fresh accusations of 'bullying’ suppliers over price cuts
Daily Telegraph, 8th February 2015

Tesco chief executive Dave Lewis’s attempts to heal relationships with suppliers suffered a blow yesterday as it emerged that the troubled supermarket continues to put pressure on already squeezed small businesses...read more...

Will Tesco suppliers blow the whistle in Groceries Code Adjudicator probe?
Market Business News.com, 7th February 2015

The Groceries Code Adjudicator has called on Tesco suppliers to come forward with evidence regarding the supermarket giant’s practices. But will they dare become whistleblowers? A survey suggests very few will...read more...
 

Tesco under investigation by new regulator over dealings with suppliers
The Guardian, 5th February 2015..

Britain’s grocery industry watchdog has launched an investigation into Tesco amid allegations that it delayed payments to suppliers and unfairly handled payments for shelf promotions...read more...

'We feel betrayed': the towns abandoned by Tesco
The Guardian 3rd February 2015

Tesco’s profits crisis means that plans for 49 shiny new stores have been ditched. Where does that leave places such as Kirkby, Bridgwater and Wolverhampton, where regeneration schemes linked to the supermarket chain now lie in ruins?...read more...

Government fails to back pubs under threat from supermarket takeovers
The Mirror, 26th January 2015

Plans to protect the great British boozer from supermarkets and other developers have been blocked by Coalition MPs...read more...

London Briefing: every little helps to reshape history at Tesco
Irish Times, 21st January 2015

Terry Leahy stepped down as chief executive of Tesco three years ago, after a glorious 14-year reign in which profits soared from £750 million to £3.2 billion and its stock market value more than tripled from £10 billion to £35 billion...read more...

Fine supermarkets if they have unfairly squeezed milk suppliers, say MPs
The Guardian, 20th January 2015

Environment and rural affairs committee says big retailers should be punished if they are found to have misused market muscle...read more...

Tesco juggernaut is still in the slow lane
The Independent, 20th January 2015

The Tesco turnaround story is gathering momentum. Morgan Stanley is just the latest name to line up behind Dave Lewis’s standard, adding Tesco to its list of “best ideas”...read more...

Tesco to close down 13 shops in Hungary
The Economic times, 12th January 2015

BUDAPEST: Tesco will close 13 shops in Hungary in order to remain profitable for the long term, it said in a statement on Monday...read more...

Tesco chief unveils dramatic shakeup at troubled supermarket
The Guardian, 8th January 2015

The new chief executive of Tesco has made a decisive break with the troubled supermarket’s past, axing the retailer’s emblematic Cheshunt head office in Hertfordshire and raising the spectre of thousands of job cuts as part of a shakeup that will also see the closure or abandonment of nearly 100 stores...read more...

Tesco to close 43 stores despite better Christmas sales
BBC News, 8th January 2015

The beleaguered supermarket Tesco has said it will close 43 unprofitable stores across the UK - more than half of which will be local convenience shops, known as Tesco Express....read more...

2014

Business review of 2014: Tescopoly no more - Britain’s year of corporate turmoil
The Independent, 25th December 2014

With Britain’s economy in recovery, the FTSE 100 at its strongest since the financial crisis and England still in possession of the Ashes, City workers had every reason to enjoy the 2013 festive season...read more...

Prepare for revolution in the aisles as Tesco scraps supplier fees
Mail on Sunday, 14th December 2014

Tesco's rivals would be forgiven for having enjoyed a moment of schadenfreude when the group was forced to admit a huge £260million error in its profits. But it looks like that blow to Tesco could now end up spreading to the supermarket sector as a whole...read more...

Revealed: How supermarket staff demand payments from suppliers for an 'easy' bonus as cost of secretive deals said to run to billions
Mail on Sunday, 2nd November 2014

One-off payments demanded by supermarkets from suppliers could contribute billions more to profits than previously thought, sources have told the Mail on Sunday...read more...

Tesco eyes £1bn from bank sale
The Telegraph, 1st November 2014

Tesco has begun exploring the possible sale of a stake in its banking arm as it speeds up plans to raise billions of pounds in much-needed additional capital...read more...

Tesco to be investigated by Serious Fraud Office 
The Telegraph, 29th October 2014

The Serious Fraud Office is to investigate Tesco over the accounting irregularities that created a £263m shortfall in the company’s profits...read more...

No wonder superstores are dying – we’re sick and tired of their culture
The Observer, 26th October 2014

Ten years ago, I published my anti-supermarket book, Shopped, to a warm reception. In print, on air, at live events, audiences showed a surprising willingness to accept the charge sheet drawn up against our big chains. Supermarkets had closed down small shops, operated a feudal system with their suppliers, bullied their way into communities, encouraged consumption of rubbish food, generated unprecedented levels of food and packaging waste and clocked up environmentally ruinous food miles; this much was relatively uncontroversial. The stumbling block came when I said that I successfully organised my own food shopping so that I rarely used them...read more...

Tesco boss surveys a world of trouble from Dublin to Bangkok
The Guardian, 26th October 2014

Sir Terry Leahy used to talk about building a retail empire on which the sun never set: a chain of Tesco stores stretching around the world from San Francisco to Tokyo...read more...

Why Tesco's troubles will have a long shelf-life 
The Independent 26th October 2014

Companies can rise faster now than ever before: think of Facebook, just 10 years old, or Google founded 16 years ago. But they can also fall faster.read more...

How localism toppled Tesco
The Telegraph,10th October 2014

It was Return of the King on Wednesday night as Justin King, the former chief executive of J Sainsbury, returned to the retail circuit by talking at an event in Manchester...read more...

Tesco whistleblower's warnings were initially ignored - report

Reuters, 28th September 2014

Initial warnings from the insider who blew the whistle on a 250 million pounds accounting scandal at Britain's biggest retailer Tesco (TSCO.L) were ignored, the Sunday Times reported, citing a senior source at the supermarket...read more...

Tesco must change culture and reinvent brand, new boss tells employees
The Guardian, 26th September 2014

Tesco needs to change its culture and reinvent its brand, the company’s new chief executive, Dave Lewis, has told employees after a torrid week for the supermarket chain...read more...

Tesco scandal could spark a long overdue shake-up of the retailer-supplier relationship
The Telegraph, 26th September 2015

The Tesco accounting scandal has thrown the spotlight on the murky world of retailer and supplier relationships, and it is not flattering...read more...

Pubs closing at rate of 31 a week

The Guardian, 12th August 2014

The rate at which British pubs are closing down has accelerated to 31 a week and 3% of pubs in the suburbs have shut in the past six months, the real ale group Camra has warned...read more...

End of the road for supermarket megastores? Retailers plan smaller sites as households ditch big weekly shop
The Daily Mail 5th August 2014

For almost three decades it looked as if supermarket expansion plans had no end. Megastores and out of town retail spaces were blistering on to the landscape across the country as the big five supermarkets competed to lure customers for their 'big weekly shop'...read more...

Nervous supermarkets left with miles of aisles they don't want
The Observer, 27th July 2014

It's the start of the great summer getaway and the traffic is heavy as families pile into their cars and head for British beaches that for once are as hot as their Mediterranean rivals...read more...

English councils propose 'Tesco tax'
BBC.co.uk, 26 July 2014

A group of local councils in England is formally asking the government for new powers to tax large supermarkets...read more...

Tesco to build 4,000 homes on supermarket land
The Independent, 19th July 2014

Thousands of new homes are set to be built on land once destined for supermarkets after Tesco dramatically scaled back its plans to expand in the UK...read more...

Tesco teams up with car hire firm Avis
The Guardian, 16th July 2014

Tesco is to try allowing car hire and brokerage firms to use spare space around its stores in the supermarket's latest efforts to cope with shoppers' changing habits...read more...

Change the law to protect pubs from supermarket conversions, says Bristol MP
Bristol Post, 6th July 2014

PLANNING laws should be changed to better protect the city’s “much-loved pubs” from supermarket conversions, local MP Charlotte Leslie has said...read more...

Tesco and Morrison's see further falls in market share as discounters turn the screw, though Sainsbury's and Asda improve

Daily Mail, 1st July 2014

Among the ‘Big Four’ supermarket chains, Morrison's and Tesco have continued to see their market share decline in the face of stiff competition from the discounters, but Sainsbury's and Asda saw an improvement according to the latest monthly figures...read more...

Revealed: Tesco hoarding land that could build 15,000 homes
The Guardian, 26th June 2014

Tesco, the UK's largest supermarket chain, is hoarding land and buildings covering an area big enough to build 15,000 homes, a Guardian analysis has revealed...read more...

Tesco targeted by campaigners over 'poverty wages'
ITV.COM, 24th June 2014

Anti-poverty campaigners have been targeting Tesco shops in an attempt to pressure the company into paying staff the Living Wage...read more...

Morrisons breaches groceries code over supplier payments
www.supplymanagement.co.uk, 4th June 2014

A multi-channel initiative for suppliers introduced by supermarket chain Morrisons has breached the Groceries Supply Code of Practice, according to the government body the Groceries Code Adjudicator (GCA)...read more...

Tesco could reclaim lead by cutting its margin
The Telegraph, 31st May 2014

Philip Clarke is under pressure to act. Besieged at home and abroad — thanks to struggling UK sales and troubled overseas ambitions — the Tesco chief executive must find a way to ensure the nation’s largest supermarket chain once again finds favour with the City’s investor community...read more...

Tesco and China Resources Enterprise reach retail deal
BBC News, 29th May 2014

Tesco has finalised a deal with the state-run China Resources Enterprise (CRE) to create the largest food retailer in China. The joint venture will combine Tesco's 131 outlets in the country with CRE's almost 3,000 stores, called Vanguard...read more...

Fair Trade Regulator Approves Tesco's Purchase of Stake in Trent
Proft.ndtv.com, 28th May 2014

The Competition Commission of India (CCI) has cleared British retail major Tesco's purchase of a 50 per cent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012...read more...

Tesco: the supermarket where the squeezed middle don't want to be

The Guardian, 16th April 2014

Undercut by Aldi and Lidl and outdone by Waitrose, Tesco's fall in profits shows how it has struggled to adapt to modern Britain...read more...

Asda to build 40 major superstores over next five years
Construction Enquirer.com, 7th April 2014

Supermarket giant Asda is planning an ambitious five-year store building programme to increase its regional spread in the south...read more....

Tesco​ seals retail deal in India

Retail-News.net, 23rd March 2014

Mumbai, March 21: Tesco, the £72-billion British retailer, today announced that it had picked up a 50 per cent stake in Tatas-owned Trent Hypermarket Ltd (THL), becoming the first global supermarket chain to enter India’s multi-brand retail segment...read more...

Tesco expected to be one of front-runners to snap up Co-operative Group's pharmacy business
Mail on Sunday, 21st March 2014

Tesco is expected to be one of the front-runners to snap up the Co-operative Group’s pharmacy business, it has emerged...read more...

Morrisons price war wipes £3bn off food retailers

Daily Telegraph, 13th March 2014
 

Morrisons to sell £500m of its properties as fightback begins

Daily Telegraph, 8th March 2014

Wm Morrison is to sell off £500m of its £9bn property estate in an attempt to appease investors as the chief executive, Dalton Philips, prepares to come out fighting in the face of declining sales....read more...

CAMRA research shows expanding supermarket chains are calling last orders on hundreds of pubs
Driffield Times and Post, 6th February 2014

Research conducted by CAMRA, the Campaign for Real Ale, shows that 2 pubs a week were converted to supermarkets during 2012 and 2013...read more...

Small retailers fight to hold their own against Tesco
B
BC News, 5th February 2014

Roy Butler is on the front line of the latest retail battle in Northern Ireland...read more...

Under-pressure Morrisons said to be planning property sales

Yorkshire Post, 13th January 2014

MORRISONS declined to comment on reports that it is preparing to raise £800m from property sales to appease City investors angry at the Yorkshire retailer’s poor Christmas sales...read more...
 

2013

Tesco's $110m India expansion given go-ahead
BBC, 31st December 2013

Tesco's plans for expansion into India have been approved by the country's government...read more...

Tesco supermarket's Indian investment plan gets green light in India
The Guardian, 30th December 2013

India's foreign investment regulator has approved a $110m (£67m) investment plan by Tesco, formally paving the way for the British retailer to venture into Asia's third-largest economy...read more...

Tesco eye-level fees breached 'the spirit of GSCOP' says Adjudicator
The Grocer, 21st December 2013

What's gone wrong with Tesco

The Guardian, 4th December 2013

The scale of the task facing the UK's largest supermarket group is clear at its Old Kent Road store...read more...

Tesco denies squeezing its suppliers after analyst’s criticism
Food Manufacture.co.uk, 2nd December 2013

Tesco has denied putting its suppliers under unfair pressure, after retail analyst Cantor Fitzgerald accused the retail giant of practices that risked breaching the Groceries Supply Code of Practice...read more...
 

esco urged to cut down new stores as it is expected to unveil drop in UK sales

Mail on Sunday, 1st December 2013

Tesco will come under pressure this week to justify its store expansion programme when it unveils a drop in UK sales...read more...

Tesco boss faces chorus of scepticism on profit margins
T
he Guardian, 29th November 2013

Newish chief executive as claimed he can reinvigorate Tesco in the UK while maintaining profit margins at 5.2%. How?...read more...

Tesco accused of squeezing suppliers to support its profits
T
he Guardian, 29th November 2013

Britain's biggest supermarket alleged to have written letters demanding money from suppliers' trading accounts...read more...

Tesco puts London at forefront of fightback
Daily Telegraph, 28th November 2013

Tesco trying to reverse decline in sales by revamping London stores and expanding online business.

Morrisons planning to cash in on its £9bn property estate after posting fall in sales
Daily Mail, 12th September 2013

Morrisons is considering selling a large chunk of its £9billion property estate in the wake of a 10 per cent fall in half-year profit.

Supermarket chains could face fines of up to £1bn if they bully their suppliers, says watchdog
Mail on Sunday, 27th July 2013

Supermarket chains could face fines of up to £1 billion if they bully their suppliers in new rules being drawn up this week...read more...

Cheap food, poor farms, public anger... so what is Tesco's Philip Clarke going to do about it?
The Guardian,21st July 2013

Profits have slumped and the horsemeat scandal tarnished Tesco's reputation. Now, in a remarkably frank interview, its boss says change really is on the way...read more...
 

Retail expert slams Tesco ‘linked trips’ theory
East Anglian Daily Times, 20th June 2013

A leading retail academic has slammed a report by Tesco which suggests edge-of-town supermarkets help to boost the trade of independent shops...read more...

Pickles faces legal challenge over Tesco in 'Portas Pilot' Margate
Daily Telegraph, 20th June 2013

Communities minister Eric Pickles is facing a legal challenge over his decision to allow Tesco to build a huge superstore in 'Portas Pilot' Margate...read more...

How supermarkets get your data - and what they do with it
The Guardian, 8th June 2013

We all know supermarkets use information about our shopping habits to target us with personalised vouchers and offers – but how would you feel about sitting down to watch a movie and being confronted with adverts based on what was in your shopping trolley a few hours earlier?...read more...

Slower- moving Tesco still breaks 3,000_store barrier
The Grocer, 17th May 2013

Tesco opened 165 new stores last year to smash the 3,000-store barrier, the new Grocery Retail Structure has revealed…read more...
 

NFU presses Tesco for fairer deal in its new supply chain
Western Morning News, 26th April 2013

Farmers are calling on the nation's largest supermarket chain to help put profitability back into British agriculture...read more...

Tesco profits down as it takes £1bn hit to quit US
The Guardian, 17th April 2013

Supermarket group's profits fall for first time in 20 years on Fresh & Easy exit and £800m UK property writedown...read more...

 Underlying sales growth slows for supermarket giant as problems mount in both UK and overseas markets
The Guardian, 14th April 2013

Tesco to unveil revamp plan after first profit fall in 20 years...read more...

 Tesco expected to scrap struggling US grocery chain Fresh & Easy
The Guardian, 12th April 2013

British supermarket giant sinks £1bn into American venture but fails to compete with Aldi-owned Trader Joe's...read more... 

Tesco's convenience business One-Stop to pilot franchise
RAC-plus.com, 5th April 2013

Tesco-owned convenience business One Stop Stores is to trial a new franchise model with independent retailers that will pit it against symbol group giants Spar and Booker...read more...

Morrison attacks Tesco Price vow
Daily Telegraph, 5th April 2013

Morrisons is considering whether to lodge an official complaint to the Advertising Standards Agency because it claims that the Tesco Price Promise “doesn’t correctly compare” the price of products at the two retailers...read more..

Morrisons buys Blockbuster stores
The Sunday Times, 17th February 2013

The supermarket chain has been taking advantage of high street closures to bulk up its convenience store offering...read more...

Tesco's plans for old boozers is enough to drive MPs to drink
The Times, 16th February 2013

A Cabinet minister and the former Conservative Defence Secretary are pressing the Government to protect small shopkeepers against big supermarket chains...read more...

Tesco calls on Cameron to aid Indian growth
Daily Telegraph, 16th February 2013

Tesco is poised to make a decision on the size of a potential multi-billion pound investment in India following representations by David Cameron as part of a UK trade mission...read more...

Morrisons acquires former Jessops stores for expansion
Retail Bulletin, 4th February 2013

Morrisons has bought seven of the former Jessops stores as it looks to expand its convenience chain...read more...

Morrisons stuns suppliers with new round of price negotiations
Mail On Sunday, 27th January 2013

Morrisons has begun a new round of price negotiations with suppliers just six months after it called them in to ask for discounts...read more...

Walmart, Tesco may not rush in with stores
Times of India, 25th January 2013

Foreign retailers Walmart and Tesco on Thursday indicated that they will not rush into opening stores in India despite the government aggressively courting them to set up multi-brand outlets. ..read more...

HMV sites attract interest from supermarkets
The Guardian, 23rd January 2013

Morrisons is thought to be interested in 20 stores as HMV looks to sell off up to half its 230 sites. Supermarkets are looking at snapping up HMV outlets to boost their convenience store chains...read more...

Christine Tacon appointed as first Groceries Code Adjudicator
Farmers Guardian, 21st January 2013

Christine Tacon, who ran the Co-operative Group’s farming business for 11 years, has been appointed as the first Groceries Code Adjudicator (GCA)...read more...

Tesco opens fifth "dark store" in Crawley
London Evening Standard, 21st January 2013

Tesco has stepped up its assault on the online grocer Ocado by opening its latest “dark store” in West Sussex, ­creating 700 jobs...read more...

Analysts sounds warning over Tesco's European Strategy
The Grocer, 11th January 2013

Tesco CEO Philip Clarke has been warned he may need to call an end to the space race in Europe as well as the UK, as he returns to a more hands on global role...read more...

Customers criticise 'indie' image of the coffee shops part-owned by Tesco
The Guardian, 2nd January 2013

Supermarket defends 49% stake in new high-street chain of coffee shops Harris + Hoole...read more...