Tesco to slice the price of bread to beat Aldi and Lidl
1 year, 8 months ago

Tesco to slice the price of bread to beat Aldi and Lidl

The Telegraph  

Tesco has signalled it is ready to slice the price of bread, as Britain's biggest supermarket strives to compete with rivals Aldi and Lidl. Ken Murphy, Tesco’s chief executive, said: “We would hope that, in certain areas, in bakery, you will start to see some deflation.” He added the retailer would be “very vigilant and very rigorous” to get a better price from its suppliers when it could see their costs going down. At Warburton's, for example, the price of a loaf of sliced white bread went up by 16pc in January at Asda and Morrisons in January, according to Assosia data published in The Grocer. Tesco’s latest comments come a day after it said it would ramp up its price-cutting efforts, lowering the price of a pint of milk to below Aldi and Lidl.

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History of this topic

Aldi announces 11 new store openings as Christmas supermarket wars begin - is one coming to YOUR town?
1 month, 2 weeks ago

Aldi announces 11 new store openings as Christmas supermarket wars begin - is one coming to YOUR town?

Daily Mail  

Aldi today revealed the locations of 11 new supermarkets it plans to open across Britain over the coming weeks before Christmas, including a store in London. 11 Aldi stores opening before Christmas 2024 Bilston Street, Sedgley, West Midlands – November 2024 Oakwell Road, Castle Douglas, Dumfries and Galloway – November 2024 Tanbridge Retail Park, Horsham, West Sussex – November 2024 …

Tesco is 'lowering prices as quickly as possible' says boss with cuts on thousands of items as UK's battle against inflation eases
2 months, 2 weeks ago

Tesco is 'lowering prices as quickly as possible' says boss with cuts on thousands of items as UK's battle against inflation eases

Daily Mail  

Tesco's boss said it was 'lowering prices as quickly as possible' as the UK's battle against inflation continues to ease. Tesco's lower pricing has come as it has continued to grow its market share over the past year, now holding around 27.8 per cent of the grocery market, up from 27 per cent last October, according to Kantar figures. Ken …

Tesco meal deals will RISE in price this week - with supermarket justifying the hike by saying it's made changes and 20 new mains have already hit shelves
4 months ago

Tesco meal deals will RISE in price this week - with supermarket justifying the hike by saying it's made changes and 20 new mains have already hit shelves

Daily Mail  

Tesco is set to raise the price of its popular meal deal for the second time in two years — much to the disappointment of bargain lunch fans. The price of a standard Tesco meal deal — which includes a main, snack and a drink — will rise by almost six per cent from Thursday. The price of a standard …

Tesco increases price of popular meal deal
4 months ago

Tesco increases price of popular meal deal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tesco said it has made a number of recent …

Tesco agrees to make ‘small change’ to shopping website after pressure from MP
8 months, 1 week ago

Tesco agrees to make ‘small change’ to shopping website after pressure from MP

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The move will enable consumers to ‘buy British’ The …

Unions accuse Tesco of profiteering as earnings soar – are they right?
8 months, 2 weeks ago

Unions accuse Tesco of profiteering as earnings soar – are they right?

The Independent  

Unite general secretary Sharon Graham’s response to Tesco’s announcement of a £2.3bn pre-tax profit – more than double the previous year’s number, and its best result for more than a decade – was furious. “There is an epidemic of profiteering in our economy – the government has been missing in action and failed to curb it.” Tesco’s headline numbers seem …

Tesco set for profit rise as sales continue to grow at supermarket giant
8 months, 2 weeks ago

Tesco set for profit rise as sales continue to grow at supermarket giant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesco is expected to reveal …

Tesco overhauls Clubcard price displays amid fears shoppers being misled
10 months ago

Tesco overhauls Clubcard price displays amid fears shoppers being misled

The Telegraph  

Tesco is changing how it displays Clubcard prices after consumer groups claimed promotions made it harder for shoppers to spot the best deals. Britain’s biggest supermarket said it will be updating the prices on its shelves within the coming weeks to allow customers to see the price per unit of products being sold under its Clubcard scheme. This meant that …

Supermarket changes hundreds of products in battle against Aldi and Lidl
10 months ago

Supermarket changes hundreds of products in battle against Aldi and Lidl

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Morrisons has become the latest supermarket to try to win …

Food price inflation falls at fastest rate on record
11 months, 3 weeks ago

Food price inflation falls at fastest rate on record

The Telegraph  

Mr McKevitt said cost of living pressures were forcing more shoppers to hunt out discounts, with almost a third of all spending in the weeks before Christmas made on items that were on offer at the tills. He added: “Retailers were clearly working hard during the festive period to offer best value and win over shoppers, and promotions were central …

Tesco fightback sees Aldi and Lidl lose ground in the battle for British shoppers
1 year, 3 months ago

Tesco fightback sees Aldi and Lidl lose ground in the battle for British shoppers

Daily Mail  

Aldi and Lidl have lost ground in the battle for the nation’s shoppers as larger rivals such as Tesco launched a fightback. Kantar said grocery price inflation has fallen to 12.2 per cent – the lowest level for a year. Price freeze:Tesco has seen its market share tick up from 27% to 27.2% in the 12 weeks to September 3 …

Waitrose and Aldi announce a further round of price cuts
1 year, 3 months ago

Waitrose and Aldi announce a further round of price cuts

Daily Mail  

Waitrose and Aldi have announced a further round of price cuts in the latest boost to hard-pressed households. Waitrose is cutting the price of a further 250 products by an average of 10 per cent this week. At the same time, discount supermarket Aldi is cutting the cost of 55 pieces of fruit of vegetables by an average of 11 …

Tesco announces further price cuts on pasta and cooking oil
1 year, 7 months ago

Tesco announces further price cuts on pasta and cooking oil

The Independent  

Tesco has announced another round of price cuts on its own-brand pasta and cooking oil as it sees deflation making its way through to cupboard essentials. We hope that by reducing prices on these 30 products which are bought week-in, week-out, we can help customers spend less Ashwin Prasad, Tesco Sainsbury’s and Tesco also recently cut the price of milk …

Is the supermarket milk price war a sign food prices could FINALLY fall from current record highs?
1 year, 8 months ago

Is the supermarket milk price war a sign food prices could FINALLY fall from current record highs?

Daily Mail  

Four supermarkets have slashed the price of milk this week, with the competition leading to hopes record food prices could finally start to fall. Talking shop: The price of supermarket groceries has soared, leaving households paying record prices for their weekly shop Tesco led the charge on Wednesday, reducing the price of a four-pint carton of milk from £1.65 to …

Grocery in UK costlier than ever as 'cost of living' crisis deepens
1 year, 9 months ago

Grocery in UK costlier than ever as 'cost of living' crisis deepens

Firstpost  

London: The grocery inflation rate in the United Kingdom reached a new record high of 17.1%, said reports based on industry data. According to Kantar Worldpanel, the cost of a family’s typical buying basket could increase by £811 per year as a result of the increase over the past 12 months. According to Kantar, the allure of less expensive own-label …

Morrisons slashes prices after being eclipsed by Aldi
1 year, 11 months ago

Morrisons slashes prices after being eclipsed by Aldi

The Telegraph  

Morrisons is cutting prices on hundreds more products as it battles to tempt shoppers back through its doors after last year being eclipsed by Aldi. The grocer is this week pushing through price cuts on 820 products on its shelves, taking the total number of products that it has reduced prices on this month to more than 1,000. It comes …

Tesco to face questions over consumer demand concerns despite ‘rise in sales’
2 years, 2 months ago

Tesco to face questions over consumer demand concerns despite ‘rise in sales’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tesco is expected to reveal …

Tesco workers to share £50m bonuses but supermarket giant warns inflation will hurt profits
2 years, 8 months ago

Tesco workers to share £50m bonuses but supermarket giant warns inflation will hurt profits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Britain’s largest private employer will pay out nearly £50m …

Tesco targets Christmas price cuts in fresh challenge to rivals
3 years, 2 months ago

Tesco targets Christmas price cuts in fresh challenge to rivals

The Telegraph  

The chain said it was confident of good product availability this Christmas, but there could still be “bumps in the road” amid a shortage of delivery drivers and higher shipping costs. Mr Murphy said: “This is working against the levelling up agenda that the Government has so publicly made part of its policy.” Tesco has been calling for a 1pc …

Raab denies claims from Tesco that food prices will rise
4 years ago

Raab denies claims from Tesco that food prices will rise

The Telegraph  

Foreign Secretary Dominic Raab has insisted that a no-deal Brexit will not cause food prices to surge after Tesco’s chairman warned the political deadlock risks triggering a 5pc rise and other retailers warned of a £3bn tariffs hit. He sought to allay fears of tariffs and border disruption hitting groceries, saying the Government did not “recognise” Tesco chairman John Allan’s …

Lidl pledges to open one new store per week between now and Christmas
4 years, 5 months ago

Lidl pledges to open one new store per week between now and Christmas

Daily Mail  

Lidl will open one new store per week between now and Christmas, creating up to 1,000 jobs, as part of plans to expand to 1,000 supermarkets by the end of 2023. The discounter plans to open over 25 stores in the next six months, and 100 stores in 2021 and 2022, creating a further 4,000 new jobs. Expanding: Lidl plans …

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