Multiple retailer Tesco posted its first quarterly sales growth in nearly three years signalling that the supermarket giant's turnaround is gathering momentum.
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Tesco is to trial mixed cases of wine from its finest* range in 280 stores nationwide for the first time.
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Following an in-depth investigation Christine Tacon, the Groceries Code Adjudicator has told Tesco to introduce "significant changes to practices and systems after finding Britain's largest supermarket seriously breached a legally-binding Code to protect groceries suppliers."
Read more...Angela Mount hit many of the autumn multiple retailer tastings ahead of the Christmas trading period to get in-depth insight into each retailers different long-term strategies.
Read more...Tesco finally unveiled the full extent of their new range and pricing policy at their autumn press tasting in London Tuesday.
Read more...Tesco saw group operating profit before exceptional items fall by 54.6% to £354 million in the 26 weeks to August 29.
Read more...Tesco wine boss Dan Jago will join Berry Bros & Rudd as chief executive in October.
Read more...It could be a long summer for suppliers waiting to hear whether they've made the grade as the extent of the Tesco's wine range cull starts to ripple through the trade.
Read more...As multiples battle for share, tough times lie ahead for supermarkets and suppliers and the challenges facing the sector
Read more...UK sales at Tesco continued to fall in the first quarter of its new financial year - though the decline was less dramatic than during the horror show of 2014/15.
Read more...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...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.
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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...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...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...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.
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