Tesco news

Here are some recent news articles and updates from Tesco:

Headlines:

  1. Tesco to axe 1,800 jobs in UK stores: Tesco has announced plans to cut around 1,800 jobs in its UK stores as part of a major restructuring effort. (Source: BBC News)
  2. Tesco launches new loyalty scheme: Tesco has launched a new loyalty scheme, called Tesco Rewards, which offers customers personalized offers and discounts. (Source: The Grocer)
  3. Tesco to sell off Polish business: Tesco has agreed to sell its Polish business to the Polish retailer, Salling Group. (Source: Reuters)
  4. Tesco to invest £1bn in online shopping: Tesco has announced plans to invest £1bn in its online shopping platform, including the launch of a new same-day delivery service. (Source: The Telegraph)
  5. Tesco to launch new convenience store format: Tesco is launching a new convenience store format, called Tesco Express, which will offer a wider range of products and services. (Source: Retail Week)

Recent Press Releases:

  1. Tesco announces new sustainability targets: Tesco has announced new sustainability targets, including a commitment to reduce its carbon emissions by 50% by 2025. (Source: Tesco Press Release)
  2. Tesco launches new food waste reduction initiative: Tesco has launched a new initiative to reduce food waste, including a scheme to donate surplus food to charities. (Source: Tesco Press Release)
  3. Tesco announces new partnership with Deliveroo: Tesco has announced a new partnership with Deliveroo, which will allow customers to order Tesco groceries online and have them delivered by Deliveroo. (Source: Tesco Press Release)

Recent Financial Results:

  1. Tesco reports strong Q1 results: Tesco has reported strong Q1 results, with like-for-like sales up 2.4% and underlying profits up 12.1%. (Source: Tesco Financial Results)
  2. Tesco's online sales surge: Tesco's online sales have surged, with online sales up 11% in the past year. (Source: The Grocer)