Ken Murphy
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Tesco, Sainsbury’s and Waitrose have announced a joint $11 million (£9 million) investment into a new system which will see farmers in Brazil provided with financial incentives to commit to…
Read MoreTesco to launch second ‘checkout-free’ GetGo store
Tesco’s second ‘checkout-free’ GetGo store is being launched in central London in the coming weeks, featuring a bank of self-service terminals.
The supermarket’s first checkout-free store opened in High Holborn …
Read MoreTesco ends ‘ground-breaking’ Loop reusable packaging trial
Tesco has ended its one-year in-store trial with Loop, the zero-waste refill service initially hailed as “ground-breaking”, which allowed shoppers to buy products in reusable packaging.
Initially launched in ten…
Read MoreTesco under fire from 215,000-strong petition calling to #BringBackTescoStaff
Tesco has come under fire as a Change petition signed by more than 215,000 customers calling for the supermarket to stop adding self-service checkouts has gained momentum, driven by social…
Read MoreTesco sales fall as customers change behaviour amid soaring inflation
Tesco bosses have warned they are seeing “early indications of changing customer behaviour” due to pressure on households from soaring inflation.
Chief executive Ken Murphy highlighted “unprecedented increases” in the…
Read MoreTesco CEO Ken Murphy pockets £4.74m pay packet
Tesco boss Ken Murphy has been handed a £4.74 million pay packet for the past year, more than 400 times the wage of an average worker at the supermarket.
Some…
Read MoreTesco warning leads to £1bn supermarket share sell-off across Ocado, Sainsbury’s and M&S
Tesco’s profit warning has resulted in a £1 billion supermarket share sell-off with yesterday’s FTSE 100 closing figures showing that market value had been stripped from Sainsbury’s, Marks & Spencer…
Read MoreTesco profits triple as supermarket warns of impact of soaring inflation
Tesco’s pre-tax profits have tripled to £2.03 billion as the UK’s largest supermarket warns of “significant uncertainties” ahead due to the pressure of soaring inflation and the cost-of-living crisis.
The…
Read MoreTesco to roll out Whoosh delivery service to 600 stores
Tesco has announced its partnership with one-hour delivery service Whoosh will be extended to at least 600 stores by the end of the year.
This follows a launch in May…
Read MoreCampaign group pressures supermarkets to shut on Boxing Day
A worker rights network has launched a campaign to pressure supermarket bosses into shutting stores on Boxing Day.
Organise is urging its members to contact chief executives to ask them…
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