Tesco says shoppers buying more after inflation ‘lessened substantially’
8 months, 4 weeks ago

Tesco says shoppers buying more after inflation ‘lessened substantially’

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 said inflation in the grocery sector has “lessened substantially” as it revealed higher sales and profits for the past year. Tesco said retail like-for-like sales grew by 6.8% for the year, as it benefited from a return to volume growth in the UK and Ireland in the second half of the year as easing price inflation led shoppers to buy more products. We are conscious that things are still difficult for many customers, so we have worked hard to reduce prices and have now been the cheapest full-line grocer for well over a year Ken Murphy, Tesco Chief executive Ken Murphy said: “Customers are choosing to shop more at Tesco, which is reflected in growing market share as they respond to the improvements we’ve made to the value and quality of our products. “Inflationary pressures have lessened substantially; however, we are conscious that things are still difficult for many customers, so we have worked hard to reduce prices and have now been the cheapest full-line grocer for well over a year.”

Tesco  shoppers  prices  sign  yearthe  buying  breaking  tesco  value  lessened  emails  customers  free  substantially  worked  sales  inflation

History of this topic

Tesco and Sainsbury’s to shed light on Christmas sales performance
5 days ago

Tesco and Sainsbury’s to shed light on Christmas sales performance

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 The UK’s biggest supermarket groups …

Price warning as 17-month run of falling shop inflation ends
1 month, 1 week ago

Price warning as 17-month run of falling shop inflation ends

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 A 17-month-long run of falling shop inflation has ended, with …

Grocery inflation rises as supermarket trips hit four-year high
1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

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. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises
3 months ago

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises

Daily Mail  

Tesco has increased its market share to its highest level in seven years as retailers attempt to manage growth amid continued inflation rises. In new figures, it has been revealed that Britain's largest retailer now boasts a market share of 28 per cent, up over half a per cent from this time last year. Meanwhile, other supermarket giants such as …

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

Grocery price inflation rises for first time since March 2023
4 months, 3 weeks ago

Grocery price inflation rises for first time since March 2023

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 Grocery price inflation has risen …

Falling inflation, football and fake tan shape grocery spending, figures show
5 months, 3 weeks ago

Falling inflation, football and fake tan shape grocery spending, figures show

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 Falling inflation, football and fake …

Sticker shock: How the supermarket has become a potent symbol of inflation in America
5 months, 4 weeks ago

Sticker shock: How the supermarket has become a potent symbol of inflation in America

NPR  

Sticker shock: How the supermarket has become a potent symbol of inflation in America toggle caption Chase Castor for NPR For Ellie Currence, every trip to the grocery store brings a moment of sticker shock. "Everything is more expensive, which is a huge bummer because it's the essentials I need," says Currence, who lives in Belton, Mo., outside Kansas City. …

Tesco predicted to reveal ‘another strong quarter’
7 months ago

Tesco predicted to reveal ‘another strong quarter’

The Independent  

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Shoppers save £1.3 BILLION (£46 each a month) by hunting out supermarket deals, figures show
8 months, 2 weeks ago

Shoppers save £1.3 BILLION (£46 each a month) by hunting out supermarket deals, figures show

Daily Mail  

Shoppers saved £1.3 billion – an average of £46 per household – by hunting out supermarket deals in the past month, new figures have shown. Around three in ten or 29.3 per cent of items were bought through some sort of promotion, which has been primarily promoted through Supermarkets loyalty card schemes, such as Tesco's Clubcard and Sainsbury's Nectar card. …

Tesco agrees to make ‘small change’ to shopping website after pressure from MP
8 months, 3 weeks 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, 4 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 …

Sticky inflation helps Tesco ‘rake in mountains of cash’ as profits jump to more than £2bn
8 months, 4 weeks ago

Sticky inflation helps Tesco ‘rake in mountains of cash’ as profits jump to more than £2bn

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 said customers are experiencing …

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

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

The Independent  

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Consumers are increasingly pushing back against price increases — and winning
10 months, 2 weeks ago

Consumers are increasingly pushing back against price increases — and winning

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. “That was the fear — that everybody would tolerate …

Tesco overhauls Clubcard price displays amid fears shoppers being misled
10 months, 2 weeks 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, 2 weeks 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 …

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
11 months, 1 week ago

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals

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. Grocery prices were 6.8% more expensive than a year …

Grocery inflation sees fastest monthly drop as households spend all-time high
1 year ago

Grocery inflation sees fastest monthly drop as households spend all-time high

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 Supermarket inflation has seen its …

Food price inflation falls at fastest rate on record
1 year 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 to reveal sales performance as cost of living still in focus
1 year, 3 months ago

Tesco to reveal sales performance as cost of living still in focus

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’s pricing and efforts to …

Tesco to reveal sales performance as cost of living still in focus
1 year, 3 months ago

Tesco to reveal sales performance as cost of living still in focus

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’s pricing and efforts to …

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 …

Europe’s lower food inflation isn’t good news for marketers
1 year, 5 months ago

Europe’s lower food inflation isn’t good news for marketers

Live Mint  

Huge hikes in food prices and other daily essentials in European markets are coming to an end. Unilever, the owner of brands like Dove and Marmite, said it faced €400 million of materials inflation in the second half of its current fiscal year, down from €1.6 billion in the first half. It’s true that when prices stabilized and in some …

Tesco, Asda, Morrisons and Sainsbury’s fuel profits have more than doubled since start of Ukraine war: RAC report
1 year, 5 months ago

Tesco, Asda, Morrisons and Sainsbury’s fuel profits have more than doubled since start of Ukraine war: RAC report

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Everyone is paying more than they should be to a …

Grocery price inflation show biggest drop since March peak
1 year, 5 months ago

Grocery price inflation show biggest drop since March peak

The Independent  

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Sainsbury’s set to reveal sales rise as it sheds light on food inflation
1 year, 6 months ago

Sainsbury’s set to reveal sales rise as it sheds light on food inflation

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 Sainsbury’s is to shed light …

Ocado announces price cuts to milk and other ‘everyday essentials’
1 year, 6 months ago

Ocado announces price cuts to milk and other ‘everyday essentials’

The Independent  

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Supermarkets say they are doing everything they can amid ‘profiteering’ quiz
1 year, 6 months ago

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz

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. But Mr Jones pressed: “How can it be possible that you are making hundreds …

Tesco boss says food prices could start to ease
1 year, 6 months ago

Tesco boss says food prices could start to ease

The Independent  

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Aldi and own brands: Figures reveal how the UK is changing its big shop
1 year, 8 months ago

Aldi and own brands: Figures reveal how the UK is changing its big shop

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 Grocery price inflation dipped slightly …

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 …

Shoppers turn to multiple supermarkets as grocery inflation reaches record high
1 year, 9 months ago

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

The Independent  

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Grocery in UK costlier than ever as 'cost of living' crisis deepens
1 year, 10 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 …

Grocery price inflation reaches record 17.1%
1 year, 10 months ago

Grocery price inflation reaches record 17.1%

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 Grocery price inflation has reached …

Waitrose to invest £100m in cutting prices of own-brand groceries
1 year, 10 months ago

Waitrose to invest £100m in cutting prices of own-brand groceries

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 Waitrose is to invest £100 million in cutting prices on …

Tesco chairman ‘living in parallel universe’ warn producers in food pricing row
1 year, 11 months ago

Tesco chairman ‘living in parallel universe’ warn producers in food pricing row

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. It comes after John Allan, when asked by the …

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 …

Ocado set to post grocery growth in latest festive update
1 year, 11 months ago

Ocado set to post grocery growth in latest festive update

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. Tuesday’s update comes after two weeks of UK retail …

Ocado set to post grocery growth in latest festive update
1 year, 11 months ago

Ocado set to post grocery growth in latest festive update

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. Tuesday’s update comes after two weeks of UK retail …

Budget and own-brand ranges worst hit by raging supermarket inflation – Which?
2 years, 1 month ago

Budget and own-brand ranges worst hit by raging supermarket inflation – Which?

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. tracked annual inflation on tens of thousands of food and drink products across seven …

Food price inflation still climbing as our myopic government drives the economy off a cliff
2 years, 2 months ago

Food price inflation still climbing as our myopic government drives the economy off a cliff

The Independent  

Financial data that raise an expletive? Researcher Kantar’s latest figure for food price inflation – however – does the job for me. Sales of Tesco’s “Perfectly Imperfect” produce or Morrisons’ “Naturally Wonky” veg were collectively up by 38 per cent, according to Kantar. Even if working-age benefits are increased in line with inflation – which the government is resisting – …

Tesco to face questions over consumer demand concerns despite ‘rise in sales’
2 years, 3 months ago

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

The Independent  

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Food inflation hits record level as prices rise 10.6% in a year
2 years, 3 months ago

Food inflation hits record level as prices rise 10.6% in a year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Food inflation has …

UK food prices rise at fastest rate since global financial crash
2 years, 4 months ago

UK food prices rise at fastest rate since global financial crash

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The price of …

Tesco and Morrisons hit by ‘shrinkflation’ as ready meals cut by 50g while prices go up
2 years, 5 months ago

Tesco and Morrisons hit by ‘shrinkflation’ as ready meals cut by 50g while prices go up

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 Tesco and Morrisons has been struck by ‘shrinkflation’ as it …

Eyes on inflation impact as Ocado to report
2 years, 5 months ago

Eyes on inflation impact as Ocado to report

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. Mr Mould said that the fall “reflects inflation, higher …

Eyes on inflation impact as Ocado to report
2 years, 5 months ago

Eyes on inflation impact as Ocado to report

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. Mr Mould said that the fall “reflects inflation, higher …

Shoppers face £380 jump in grocery bills this year as inflation surges
2 years, 6 months ago

Shoppers face £380 jump in grocery bills this year as inflation surges

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 Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Retail data company Kantar said …

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