Press releases - Tesco PLC
News 19 Sep 2024. New research into UK unemployment identifies a ‘lost workforce’ of over 6 million, as Tesco rolls out free Careers Clinics to support more people into work
Tesco forecasts rising profits as inflation ‘lessens substantially’
Apr 10, 2024 · Tesco, the UK’s largest supermarket chain, has forecast rising profits this year and announced a £1bn share buyback, as it lures more shoppers to its stores and consumer sentiment improves.
Tesco says price pressures easing as profits soar - BBC News
Tesco has said price pressures on grocers have eased as it reported bumper sales and profits for the past year. The UK's biggest supermarket chain said pre-tax profits hit £2.3bn, up from £882m...
Tesco plans to expand use of AI to personalise how people shop
Sep 17, 2024 · Tesco is planning to vastly expand its application of artificial intelligence to customer data as the UK’s biggest supermarket seeks to attract more customers by personalising how they shop.
Tesco shrugs off supply concerns as sales surge - BBC News
Oct 6, 2021 · Tesco has seen sales and profits grow faster than expected as Britain's biggest supermarket group shrugged off the pandemic impact. In the six months to August, Tesco said it "outperformed" the...
Tesco sees sales growth after focus on value and rise in ... - Sky News
Oct 3, 2024 · Tesco has said a focus on value amid the continuing squeeze on shoppers' budgets has paid off through a rise in half-year profits. The UK's biggest retailer raised its annual guidance on the back of market share gains versus major rivals over the six months to 24 August.
Tesco vows to rein in prices as profits treble - BBC News
Apr 13, 2022 · Tesco profits more than trebled last year amid rising sales and a fall in Covid-related costs. The UK's largest supermarket chain reported pre-tax profits of £2.03bn, up from £636m the previous...
Tesco Sees Higher Profit With Price Cuts Helping Draw In Shoppers
Apr 10, 2024 · Tesco Plc’s retail profit will likely edge up this year as easing cost pressures allow the supermarket chain to cut prices and attract budget-conscious shoppers.
Tesco defies supply chain challenges to lift profit outlook
LONDON, Oct 6 (Reuters) - Tesco (TSCO.L), Britain's biggest retailer, raised its full-year earnings forecast on Wednesday after the unmatched scale of its store and online operations helped it...
Tesco PLC - Financial Times
Jul 13, 2024 · The latest news, analysis and opinion on Tesco PLC. In-depth analysis, industry insights and expert opinion.