Tesco seriously breached an industry code by intentionally delaying payments to suppliers, a report has said.Read the full story ›
Staff at a Tesco supermarket Tesco are offering shoppers free paper carrier bags that can be re-cycled.
From early October, supermarket customers in England had to pay a charge of 5p for plastic carrier bags as part of a Government scheme to reduce litter and protect wildlife. A similar scheme was already operating in Wales.
Now staff in at least one London branch of Tesco are offering shoppers buying lunch free brown paper bags.
A Tesco store has been forced to put security tags on wire baskets after the 5p carrier bag charge caused a spike in thefts.Read the full story ›
Tesco profits are down 54.6% since last year, its interim results revealed.
Its group profits slumped to £354m from £799m in the first half of this year.
Profits in the UK and Republic of Ireland were hit harder, slowing by 69%.
Despite the fall in profits, like for like sales have held up, only down by 1.1%.
We have delivered an unprecedented level of change in our business over the last twelve months and it is working. The first half results show sustained improvement across a broad range of key indicators.
In the UK, we continue to improve all aspects of our offer for customers, resulting in volume growth which is allowing us to create a virtuous circle of investment.
Nearly 70,000 packets of garlic bread slices worth £93,000 have been pulled from Tesco shelves after a probe found some were underweight.Read the full story ›
Tesco is reportedly planning to close some of its 24-hour stores at midnight in areas with low late-night shopping numbers.Read the full story ›
The supermarket made the change after getting feedback from customers who said they felt under pressure as they finished their shop.Read the full story ›
Tesco's like-for-like sales in the UK fell by 1.3% in the three months to May 30, the supermarket giant has announced.
The figures are an improvement on the previous quarter, when sales were down by 1.7%.
In the same quarter last year the UK decline was 4%.
Like-for-like sales for the UK and the Republic of Ireland were down 1.5%, while internationally there was a 1.3% decline.
Chief Executive Dave Lewis said the results were "another step in the right direction".
Tesco is trialling an app scheme to give away unsold food on a daily basis to charities such as homeless hostels and kid's breakfast clubs.Read the full story ›
Dave Lewis, the man tasked with turning Tesco's fortunes around, says the company can still succeed despite the growth of budget rivals.Read the full story ›