Tesco

Unilever Overhauling European Homecare Supply Chain

Unilever is spending over €150 million to revamp its European homecare business’s supply chain, a senior executive told Reuters yesterday.

Tesco lifted its annual profit forecast after market share gains drove a 10% rise the first half, giving it momentum ahead of Christmas.

British shoppers impacted by the cost of living crisis will not start spending again until the new government sets out tax and spending plans.

UK supermarket group Morrisons’ underlying sales growth slowed in its third quarter, which it said reflected a “noticeably softer” market...

Ocado Retail has said it is prioritising customer growth after a strong third quarter helped lift its annual revenue guidance.

Asda said its chairman Stuart Rose will take executive responsibilities of co-owner Mohsin Issa as he steps back from his leadership role.

The UK Supreme Court has ruled that Tesco could not terminate some employees’ contracts and rehire them for lower pay, RTÉ reported.

UK grocery inflation edged lower this month, data from Kantar showed on Tuesday, after rising for the first time in 18 months a month prior.

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