Tesco

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Tesco boss says consumers ‘terrified’ about volatile impact of inflation

Tesco, which made operating profits of £2.48bn (€2.88bn) in the UK and Ireland in its last financial year, says inflation is having effects that are “deeply unreliable, volatile and quite scary”.

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Darren Kennedy: How to make your outdoor space simply superb this summer without breaking the bank

Everything has finally started to heat up for summer, but unfortunately prices have been hotting up for some time too. So for many, it might be another year of staycationing. But you can make the most of things by investing in some items to make your outdoor area more habitable.

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Samantha McCaughren Opinion Supermarkets are gatekeepers of food price inflation that lies ahead

Supermarket chains benefited from bumper sales during the lockdowns of the past two years, as other retailers were stuck at home and left scrambling to rapidly pivot to online.

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Firms introducing new perks to woo recruits, but do employees just want a higher salary?

Firms are increasingly offering employees sweeteners including flexible working, personal leave and mental health supports to keep them happy at work. But can they replace a good old-fashioned pay rise, particularly as inflation nears double digits?

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Retailers need to keep loyalty schemes simple to hold on to cost-conscious customers

With prices rising at the fastest rate in 40 years and household budgets coming under pressure, retailers are revamping loyalty programmes.

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Tesco ‘plant burger’ adverts banned over ‘misleading’ green claims

Adverts for Tesco’s Plant Chef burgers have been banned over “misleading” claims that the products could make a positive difference to the environment compared with their meat equivalents.

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Hidden gems: Five Irish firms that made millions for their family owners

While Ireland is a very active market for mergers and acquisitions, it’s rare that its most valuable privately held family companies come on the market. But when sales do occur, they often reveal enormous values that were hiding in plain sight.

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Why HR managers are being catapulted into the CEO seat

Tesco Ireland’s recently appointed CEO Natasha Adams comes to the role after four years as the parent group’s chief people officer, while Musgrave’s former group human resources officer Noel Keeley was promoted into the top job at Musgrave just before the pandemic.

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Drone delivery firm Manna creates a buzz in Balbriggan with plans to land 50 new jobs

Serial entrepreneur Bobby Healy’s drone delivery business Manna is creating 50 jobs in Dublin’s Balbriggan.

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Grocery delivery firm Buymie now focusing on ‘official’ retail partners

Irish grocery delivery business Buymie has said it is to focus on supermarket chains where it has formal relationships, after telling customers Tesco would no longer be available to its shoppers.

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Rising prices may eat into consumer demand for groceries as wages fail to keep up

Irish grocery market sales grew by just under €2bn during the pandemic, a trend that may reverse as shoppers change their habits and get to grips with rising prices.

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Customers could pay €100 more a year on a modest basket of shopping as inflation bites

Consumers now face paying at least €100 extra over the course of a year on a modest basket of shopping .

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Families warned to brace themselves for further hikes in the price of food

Experts are warning families to brace for further price increases, after a Sunday Independent survey found the cost of some of the most popular supermarket items rose by almost 20pc in the past three years.

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British grocer Morrisons coy on plans for Irish entities

Morrisons, the UK supermarket chain being bought by a US private equity firm in a £7bn (€8.2bn) deal, has established two new subsidiaries in Ireland.

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Tesco shops are targeted by anti-vaxxers because Christmas ad shows Santa is fully vaccinated

The anti-vax movement in Ireland has attempted to disrupt business at the Tesco supermarket chain in an orchestrated nationwide campaign, which has ultimately failed.

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Tesco sees sales of €1.45bn in Ireland in first half of the year

Tesco has seen continued strong online shopping sales in Ireland, even as its overall turnover here dipped 2pc to £1.24bn (€1.45bn) on a constant currency basis during the first half of the year.

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Easing of lockdown restrictions takes shine off supermarket sales

The multi-billion euro Irish supermarket grocery market has shrunk compared to a year ago as easing restrictions give consumers a broader range of retail options for spending their cash.

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Tesco reports £2bn profit after ‘exceptionally strong’ sales

Britain's biggest retailer, Tesco, reported a 20pc drop in full-year pre-tax profit as the cost of adapting the business for the pandemic wiped out the benefit of "exceptionally strong" grocery sales.

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Tesco has seen limited disruption to Irish supplies – CEO

Tesco, Britain's biggest retailer, has experienced some disruption to supplies, particularly to the island of Ireland, since a post-Brexit trade deal with the European Union kicked in on January 1, its boss said on Thursday.

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Tesco ordered to pay woman €2,500 in damages after defamation at checkout

A judge has ordered the Irish arm of retail giant Tesco to pay a west-Clare businesswoman €2,500 in damages after finding that the retailer defamed the woman at a Tesco checkout three years ago.

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Aldi staff to get Christmas bonus following Tesco announcement

ALDI has announced a Christmas bonus for 4,000 staff after Tesco revealed its workers will get one yesterday.

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Tesco to give workers Christmas bonus for their ‘incredible effort’ during pandemic

TESCO wants to ensure every little helps by giving up to 13,000 workers a Christmas bonus in recognition of their “incredible effort” during the Covid-19 pandemic.

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1,150 extra jobs announced for Tesco Ireland

Tesco Ireland has announced that it will create an additional 1,150 jobs.

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Tesco to trial drone deliveries for groceries in Ireland

Tesco will partner with Irish drone company Manno Aero to trial grocery home deliveries with drones.

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Tesco win appeal to construct cafe

Tesco Ireland has won an appeal over the refusal of permission for a cafe and outdoor seating area at a 0.525ho site adjacent to the Tesco store at Whitegates, Wicklow town.

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Tesco finance director to step down

Tesco finance boss Alan Stewart has revealed plans to retire from his role at the UK's largest supermarket.

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Shopping by numbers: Tesco pilots automated system to control store entry

TESCO is rolling out an automated entrance system to manage and limit the flow of customers into its stores.

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Every little helps: Tesco Ireland to give staff pay bonus 'for going above and beyond during Covid-19'

Tesco Ireland has announced that it will be giving a pay bonus to staff 'for going above and beyond during Covid-19'.

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Irish Dunnhumby unit forks out €7.8m dividend to parent Tesco

THE Irish arm of Tesco's Dunnhumby data analysis company paid a €7.8m dividend to its parent last year, newly filed accounts for the business show.

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Tesco lodges appeal over cafe planning refusal

Tesco Ireland Ltd has lodged an appeal with An Bord Pleanála after plans for a cafe and outdoor seating area at its Wicklow town store were turned down by the planning section of Wicklow County Council.