Tesco

Barclays to Acquire Tesco Bank, Partner With Tesco Stores
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
February 09, 2024  |  Acquisitions

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition...

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Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
December 21, 2023  |  Technology

As new forms of self-checkout expanded across the global grocery industry throughout the year, key players found in 2023 that it is essential to continue...

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Tesco Adds Scan-Free Kiosks as Grocers Try New Self-Checkout Systems
Tesco Adds Scan-Free Kiosks as Grocers Try New Self-Checkout Systems
November 27, 2023  |  Retail

British grocery giant Tesco is trying out a new, more frictionless type of self-service kiosk, as grocers around the world are trying new ways to...

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Barclays Makes Indicative Bid for Tesco’s Banking Business 
Barclays Makes Indicative Bid for Tesco’s Banking Business 
November 17, 2023  |  Acquisitions

Barclays is reportedly considering the acquisition of Tesco’s banking operations.  Tesco, a British food retailer, has invited potential buyers to submit non-binding offers for Tesco Bank as...

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UK Retailers Ride eCommerce Delivery Wave With Faster, Eco-Conscious Commitments
UK Retailers Ride eCommerce Delivery Wave With Faster, Eco-Conscious Commitments
May 29, 2023  |  Delivery

British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and...

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Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
April 13, 2023  |  Earnings

As inflation ate into Tesco’s profits, the grocer’s couponing efforts helped keep customers coming back. The British multinational grocery giant shared in its financial results...

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Tesco Joins Retailers Watering Down Rewards Amid Inflation
Tesco Joins Retailers Watering Down Rewards Amid Inflation
March 22, 2023  |  Loyalty & Rewards

As retailers bow under inflationary pressures, some are cutting the value of their rewards points. Tesco, the leading supermarket chain in the United Kingdom, shared...

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UK Rapid Grocery Market Booms as Brits Lean Toward At-Home Delivery
UK Rapid Grocery Market Booms as Brits Lean Toward At-Home Delivery
February 26, 2023  |  Delivery

Following deals with Just Eat, Co-op and Sainsbury’s have become the latest U.K. supermarket brands to partner with an aggregator to provide rapid delivery service...

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UK Grocers Reimagine Loyalty Programs to Keep Customers Engaged
UK Grocers Reimagine Loyalty Programs to Keep Customers Engaged
February 09, 2023  |  Loyalty & Rewards

To attract customers, U.K. supermarkets compete to offer the best loyalty scheme. And British shoppers sure do love their loyalty rewards. One PYMNTS survey found...

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