Tesco

Tesco To Refocus Business After $357M China Sale
Tesco To Refocus Business After $357M China Sale
February 25, 2020  |  International

With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China....

READ MORE >
Tesco Customers Unhappy With Cashless-Only ‘Scan As You Shop’
Tesco Customers Unhappy With Cashless-Only ‘Scan As You Shop’
January 03, 2020  |  Retail

Shoppers are reportedly disappointed that British supermarket Tesco won’t take cash payments any longer on its “scan as you shop” system. The system lets shoppers pack as...

READ MORE >
Tesco Launches Amazon-Style Subscription Program
Tesco Launches Amazon-Style Subscription Program
November 11, 2019  |  Retail

Tesco is taking on the competition by adding a subscription option to its Clubcard loyalty program. Originally launched in 1995, Clubcard helped Tesco beat its...

READ MORE >
Tesco In Britain Adds Loyalty Card As Amazon Fresh Becomes Free
Tesco In Britain Adds Loyalty Card As Amazon Fresh Becomes Free
October 29, 2019  |  Retail

British supermarket group Tesco has announced it’s offering a loyalty subscription plan for customers, in an attempt to stay competitive with German-owned discounters.  Reuters is...

READ MORE >
Cashierless Innovation In Retail Gets A Fresh Boost In The UK
Cashierless Innovation In Retail Gets A Fresh Boost In The UK
July 08, 2019  |  Retail

Can cameras replace cashers in retail? The grocery industry is making a go of it. The latest effort comes from the U.K. According to a...

READ MORE >
More Grocery Stores Try Cashierless To Blunt Amazon Effect
More Grocery Stores Try Cashierless To Blunt Amazon Effect
July 07, 2019  |  Amazon

Cameras reportedly are taking a more important place in the world of grocery, perhaps to the detriment of cashiers. That’s according to The Wall Street...

READ MORE >
Tesco Plans For Cashierless Stores
Tesco Plans For Cashierless Stores
June 27, 2019  |  Retail

Tesco is teaming up with an Israeli startup to become the next food retailer to go cashierless. Anonymous sources have revealed to Bloomberg that Tesco,...

READ MORE >
UK Retailers’ Holiday Sales Have Worst Performance In A Decade
UK Retailers’ Holiday Sales Have Worst Performance In A Decade
January 10, 2019  |  Europe

Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail sales had their...

READ MORE >
UK Watchdog’s Tesco Accounting Fraud Case Collapses
UK Watchdog’s Tesco Accounting Fraud Case Collapses
December 07, 2018  |  B2B Payments

The case against two former Tesco directors initiated by U.K. regulators earlier this year has collapsed after a judge dismissed the case due to lack...

READ MORE >