7 years, 11 months ago

Tesco to sell opticians business to Vision Express

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 has announced that it is selling its optician business to Vision Express, as it continues to slim down and focus on core operations in its home market. Earlier this month Tesco reported a £1.28bn annual profit for the most recent financial year, narrowly beating analyst expectations after a tumultuous few years, marred by a major accounting scandal and fierce competition from discounters. It reported group sales for the 2016/2017 financial year rose 4.3 per cent to £49.9bn and in the UK, like-for-like sales added 0.9 per cent, meaning the company had its first full year of growth since the 2009/2010 period.

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History of this topic

2 months ago

Tesco to axe 400 jobs across shops and head office

The Independent

2 months, 3 weeks ago

Shoppers switch to Tesco as supermarket celebrates highest market share in almost a decade

The Independent

2 months, 4 weeks ago

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

The Independent

4 months, 4 weeks ago

Barclays completes Tesco Bank buy as retailer hands £700m to shareholders

The Independent

5 months, 3 weeks ago

Tesco says consumers in ‘good shape’ as it reveals jump in premium shoppers

The Independent

5 months, 4 weeks ago

Tesco toasts sales growth as it sees surge in premium shoppers

The Independent

11 months, 2 weeks ago

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

The Independent

11 months, 3 weeks ago

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

The Independent

1 year, 1 month ago

Barclays to snap up Tesco Bank in £600m deal

The Independent

1 year, 5 months ago

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

The Independent

1 year, 6 months ago

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

The Independent

1 year, 11 months ago

Tesco sees dip in profit as inflation soars

The Independent

2 years, 6 months ago

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

The Independent

3 years, 5 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 …

3 years, 5 months ago

Tesco expected to post positive results amid HGV and labour crisis

The Independent

3 years, 9 months ago

Tesco plans first checkout-free stores and sees normal shopping patterns return

The Independent

4 years, 6 months ago

‘Shop as normal’: Panic-buying resumes as UK braces for new lockdown measures

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 Shoppers have been urged to remain calm in the nation’s …

4 years, 7 months ago

Tesco is creating 16000 new jobs to cope with online shopping boom

CNN

London CNN Business — Tesco is creating 16,000 jobs to meet surging demand in its online business, delivering a rare boost to the struggling UK economy. Britain’s largest supermarket chain said in a statement on Monday that the newpermanent roles are in addition to 4,000 jobs it has already added since the start of the coronavirus crisis. Britain is facing …

4 years, 11 months ago

Tesco unlikely to profit from Covid-19 lockdown sales boom

CNN

London CNN Business — Food and supplies are flying off the shelves of UK supermarkets, but that doesn’t mean their profits are booming. Tesco, the biggest grocery chain in Britain, said Wednesday that additional costs associated with “feeding the nation” could amount to as much as £925 million this year if restrictions on work and social-distancing measures introduced to counter …

6 years, 2 months ago

Tesco to cut up to 15,000 jobs and axe deli counters

The Telegraph

Tesco is planning to make as many as 15,000 jobs redundant in the latest round of cost cuts by chief executive Dave Lewis. Deli counters including butchers, fishmongers and cheese stands in many of its largest stores face closure, as do parts of staff canteens, according to reports in The Mail on Sunday. Mr Lewis joined Tesco in 2014 from …

6 years, 6 months ago

Tesco harks back to market stall roots with discount chain Jack's

Daily Mail

Tesco unveiled its discount chain Jack's today as the major supermarkets continue to lose market share to Lidl and Aldi. Tesco is today unveiling its new discount chain Jacks and the launch event deliberately harked back to its market stall roots New Jack's wing: Tesco's launch of the spin-off revealed a new shopping layout Tesco plans to launch 10 to …

6 years, 8 months ago

Tesco UK chief executive steps down after cancer diagnosis

The Independent

6 years, 9 months ago

Tesco’s Booker takeover pays off as sales rise

The Independent

6 years, 9 months ago

Tesco boss David Lewis smiling as supermarket eats Britain again

The Independent

6 years, 11 months ago

Supermarket mega merger: What does it mean for Morrisons?

The Independent

6 years, 11 months ago

Tesco share price surges after it unveils 800% profit rise and resumes dividend

The Independent

7 years, 2 months ago

Tesco announces 1,700 job cuts as it 'simplifies' its business

The Independent

7 years, 3 months ago

Tesco-Booker takeover deal cleared by competition regulator

The Independent

7 years, 4 months ago

Tesco-Booker takeover: £3.7bn deal to buy wholesaler provisionally cleared by competition watchdog

The Independent

7 years, 9 months ago

Tesco reports strongest UK sales growth for seven years

The Independent

7 years, 10 months ago

Tesco pay shock as boss David Lewis sees his package cut despite first sales rise in seven years. What's going on?

The Independent

8 years ago

Top Tesco shareholders oppose £3.7bn Booker takeover deal

The Independent

8 years, 2 months ago

Here’s why Tesco’s mega deal with Booker might not actually happen

The Independent

8 years, 2 months ago

Tesco to merge with Britain's biggest food wholesaler Booker in £3.7bn deal

The Independent

8 years, 2 months ago

Tesco says everyone wins with £3.7bn Booker buy. That's open to debate

The Independent

8 years, 2 months ago

Tesco looks ready to start eating Britain again

The Independent

8 years, 3 months ago

Tesco, British supermarket set to regain dominance over UK market

Firstpost

Two years after an accounting scandal plunged Tesco into the worst crisis in its 97-year history, the British supermarket looks set to reassert its dominance, given the edge by a transformed relationship with suppliers. “How do we build the products and the offer for our customers together, rather than how do we concentrate on trying to get the most out …

8 years, 5 months ago

Tesco, Sainsbury's, Exxon Mobil: Business news in brief, Friday 21 October

The Independent

8 years, 5 months ago

Tesco posts 28.3 per cent profits slump

The Independent

8 years, 9 months ago

Tesco's range of ‘fake farm’ foods helps to boost sales

The Independent

8 years, 9 months ago

Tesco sells 35 Dobbies garden centres for £217m to focus on supermarkets

The Independent

8 years, 11 months ago

Tesco quarterly sales grow for the first time in three years

The Independent

9 years ago

Kantar numbers show Sainsbury's is winning the supermarket wars, but Tesco is slowing sales decline

The Independent

9 years, 1 month ago

Tesco end BOGOF deals in favour of price cut

Daily Mail

Tesco is becoming a ‘high street magpie’ and stealing ideas from successful rivals in a bid to resurrect sales. The UK’s biggest supermarket is moving away from BOGOF - buy one get one free - promotions and other deals in favour of price cuts, which is the model adopted by fast growing Aldi and Lidl. Tesco will launch a Valentine's …

9 years, 4 months ago

Bargain Hunter: Tesco offers 25% off wine when you buy six or more bottles

The Independent

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9 years, 4 months ago

Morrisons sales fall again

The Independent

9 years, 5 months ago

Tesco 'brand guarantee' price matching scheme means your weekly shop will get cheaper

The Independent

9 years, 5 months ago

Tesco chief excutive Dave Lewis sees ‘encouraging signs’ despite profits tumble

The Independent

9 years, 5 months ago

Tesco first-half profits slide despite signs of improvement

The Independent

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6 days, 23 hours ago

Major supermarket announces its own price match scheme starts TODAY... with plans to cut costs on more than 100 everyday essentials

Daily Mail

A major supermarket has launched its biggest-ever value campaign today, with a bold move to match Aldi prices on over 100 everyday essentials. The supermarket giant Co-op, which has over 2,400 stores across the UK, is rolling out the scheme to help members save money on popular items such as milk, bread, eggs, and fresh fruit. The new initiative, which …

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1 week ago

Samantha Cameron's £450-a-dress fashion label Cefinn loses 5% total sales after wholesale distributor collapses - but new shop gives boost

Daily Mail

Samantha Cameron's fashion label lost 5% of its total sales after a wholesale distributor collapsed - but looks set to offset it with a switch to direct selling and high street stores. Samantha Cameron - pictured in 2018 - launched the brand in 2017 and now sells direct-to-consumer through its own website and shops Lord Cameron's fashion designer wife has …

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2 weeks, 2 days ago

Tesco installs new anti-shoplifter measures to stop thieves sweeping supermarket shelves - but customers question how well they'll work

Daily Mail

Tesco's new anti-shoplifting devices have left customers bewildered as they question how a piece of plastic could deter would-be thieves. The contraptions are positioned loosely in front of store items and in footage uploaded to social media are seen being freely slid from left to right to uncover the goods. The contraptions are positioned loosely in front of store items …

Store Mailonline Tesco

2 weeks, 4 days ago

Revealed: Major British supermarket has been giving away free food to customers for four months in bid to cut waste - but it won't say where

Daily Mail

Tesco has secretly been trialling a scheme to give away free food that would otherwise be binned for more than four months, MailOnline can reveal. The supermarket giant confirmed the trial is already taking place 'in a small number of our Tesco Express stores' as part of efforts to cut food waste, but declined to say when it was first …

Food Food Waste Express Free Tesco

Major British supermarket to start giving away food for free - with yellow stickers taking on a whole new meaning

Trending News

2 weeks, 4 days ago

Major British supermarket to start giving away food for free - with yellow stickers taking on a whole new meaning

Daily Mail

A major British supermarket is set to give away food for free as the retailer pledges to hit targets for slashing food waste and net zero goals. Tesco has announced that any food items about to go out of date will be available for absolutely no cost - preferring them to go home with a customer than end up in …

Food Food Waste Items Tesco Stickers Taking

1 month ago