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Business Financial Management Retail Retailer

Tesco Bank announces the appointment of Gerry Mallon as its new Chief Executive

Tesco Bank announces the appointment of Gerry Mallon as its new Chief Executive Welwyn Garden City, UK, 2018-Jan-25 — /EPR Retail News/ — Tesco Bank is delighted to announce the appointment of Gerry Mallon as its new Chief Executive. Gerry, who will be a member of the Tesco Group Executive, will begin his role towards the end…
January 25, 20180Comments

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Business Grocery Healthcare Management Philanthropy Retail Retailer

“Little Helps for healthier living” partnership: British Heart Foundation, Cancer Research UK, Diabetes UK and Tesco partner to help tackle the biggest health challenges

“Little Helps for healthier living” partnership: British Heart Foundation, Cancer Research UK, Diabetes UK and Tesco partner to help tackle the biggest health challenges   Welwyn Garden City, UK, 2018-Jan-10 — /EPR Retail News/ — Three of the UK’s leading health charities have today come together with the UK’s leading food retailer to help tackle the nation’s…
January 10, 20180Comments

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Business Food & Beverage Management Retail Retailer

Tesco announces partnerships with suppliers to tackle UN Sustainable Development Goal on food waste

Welwyn Garden City, UK, 2017-Sep-25 — /EPR Retail News/ — Tesco announces ground-breaking partnerships with suppliers to tackle UN Sustainable Development Goal on food waste. Speaking at a meeting of Champions 12.3 in New York today, Dave Lewis, CEO, Tesco announced partnership agreements with 24 of its largest food suppliers who will adopt the Sustainable Development Goal to…
September 25, 20170Comments

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Business Grocery Management Retail Retailer

Tesco announces changes to its Executive Committee and International Leadership team

CHESHUNT, England, 2017-Mar-23 — /EPR Retail News/ — Tesco has today (20 Mar 2017) announced changes to its Executive Committee and International Leadership team. After 38 years of distinguished service to Tesco, Trevor Masters, CEO Tesco International, will leave the business at the end of May. Trevor began his Tesco career as a teenage management trainee. Over…
March 23, 20170Comments

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Business Food & Beverage Grocery Management Retail Retailer

Tesco launches online ‘food waste hotline’ to help suppliers and growers identify food waste hotspots

Tesco launches online ‘food waste hotline’ to help suppliers and growers identify food waste hotspots CHESHUNT, England, 2017-Mar-15 — /EPR Retail News/ — Tesco has launched an innovative, online ‘food waste hotline’, to help make it easier for suppliers and growers to pinpoint ongoing food waste hotspots, and work with the retailer in tackling them. The ‘hotline’ is…
March 15, 20170Comments

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Business Grocery Management Retail Retailer

Tesco announces the appointment of Alessandra Bellini as Chief Customer Officer

Tesco announces the appointment of Alessandra Bellini as Chief Customer Officer   CHESHUNT, England, 2017-Jan-14 — /EPR Retail News/ — Tesco is pleased to announce the appointment of Alessandra Bellini as Chief Customer Officer, from 1 March 2017. Alessandra will join the Executive Committee and the UK Leadership team. Alessandra joins from Unilever where she has worked for…
January 14, 20170Comments

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Business Environment Grocery Loss Prevention Management Retail Retailer

New Champions 12.3 report calls on all nations to halve food waste and reduce food loss by 2030

New Champions 12.3 report calls on all nations to halve food waste and reduce food loss by 2030   Washington, D.C, 2016-Sep-24 — /EPR Retail News/ — A new report released assesses the world’s progress toward Target 12.3 of the Sustainable Development Goals (SDGs), which calls on all nations to halve food waste and reduce food loss…
September 24, 20160Comments

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Business Home & Garden Management Retail Retailer

Tesco to sell Dobbies Garden Centres to an investor group led by Midlothian Capital Partners and Hattington Capital

CHESHUNT, England, 2016-Jun-17 — /EPR Retail News/ — Tesco has today confirmed the sale of its Dobbies Garden Centres business to an investor group led by Midlothian Capital Partners and Hattington Capital.  The sale represents the entire share capital of Dobbies Garden Centres Ltd.  Tesco will receive £217m in cash, which will be used for general…
June 17, 20160Comments

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Food & Beverage Grocery Management Retail Retailer

Tesco CEO Dave Lewis urged collaboration in tackling food waste right across the supply chain at the Global Summit of the Consumer Goods Forum

CHESHUNT, England, 2016-Jun-17 — /EPR Retail News/ — In a keynote speech at the Global Summit of the Consumer Goods Forum in Cape Town today Tesco CEO Dave Lewis encouraged business to do more to tackle food waste, and called on the wider industry to publish their food waste data in order to make meaningful progress. Appealing…
June 17, 20160Comments

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Business Food & Beverage Management Restaurants Retail Retailer

Tesco to sell Kipa business in Turkey to Migros and Giraffe restaurant chain to Boparan Restaurants Holdings Limited

CHESHUNT, England, 2016-Jun-10 — /EPR Retail News/ — Tesco today confirmed the proposed sale of its 95.5% controlling stake in the Kipa business in Turkey to Migros. The disposal, which is subject to usual local regulatory approvals, will result in estimated cash proceeds of around £30m, contributing to a reduction of around £110m in total indebtedness. In…
June 10, 20160Comments

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Food & Beverage Management Philanthropy Retail Retailer

Tesco redirects millions of surplus food to charity with Community Food Connection with FareShare FoodCloud rollout

CHESHUNT, England, 2016-Mar-14 — /EPR Retail News/ — Tesco announces nationwide rollout of Community Food Connection with FareShare FoodCloud, which will redirect millions of meals of Tesco surplus food to charity by end of 2017. Tesco CEO Dave Lewis has today announced the nationwide rollout of an initiative designed to dramatically reduce the amount of food that…
March 14, 20160Comments

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Business Management Retail Retailer

Tesco to sell 14 Spenhill development sites across London, the South East and Bath to Meyer Bergman advised fund and clients

CHESHUNT, England, 2015-10-16 — /EPR Retail News/ — Tesco has agreed the sale of fourteen Spenhill development sites across London, the South East and Bath, to a fund and clients advised by Meyer Bergman. The transaction, worth £250m, is for sites suitable for mixed-use and residential development and marks further progress against Tesco's strategic priority of…
October 16, 20150Comments

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Business Food & Beverage Management Retail Retailer

Tesco to simplify business model for suppliers by standardising their payment terms

CHESHUNT, England, 2015-10-8 — /EPR Retail News/ —Tesco has pledged to deliver a simpler business model for suppliers, by standardising their payment terms. In a move which builds on progress already made to simplify and increase transparency across its business, Tesco aims to improve innovation for shoppers by encouraging collaboration between the retailer and its supply base. Tesco…
October 8, 20150Comments

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Food & Beverage Grocery Management Philanthropy Retail Retailer

Tesco begins new program to give unsold food to charities and not to waste

Brand new scheme called FareShare FoodCloud to be piloted in Tesco stores to give unsold food to charities and not to waste New figures reveal 55,400 tonnes of food wasted within Tesco operations in the last year, around 30,000 tonnes of which could otherwise have been eaten Cheshunt, England, 2015-6-8 — /EPR Retail News/ — A groundbreaking…
June 8, 20150Comments

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Business Grocery Management Retail Retailer

Tesco regains sole ownership of 21 superstores in a transaction with British Land

Cheshunt, England, 2015-3-23 — /EPR Retail News/ — Tesco has regained sole ownership of 21 superstores in a transaction with British Land.  The agreement comes as Tesco continues to strengthen its core UK business. The 21 superstores and associated debt were part of a joint venture between Tesco and British Land and were all subject to RPI-indexed…
March 23, 20150Comments

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