Tesco, Britain’s biggest grocer, has opted to cut its prices more quickly to prevent Asda grabbing market share ...

Tesco , Britain's biggest food retailer, warned on Thursday its profit would likely fall this year as it set aside cash to ...

Ken Murphy, the CEO of Tesco, has his share bonus package partially linked to the company's food waste reduction targets. It comes after Tesco cut ties with a food waste processor last year ...

Tesco's profits rose £299m from a year earlier to £3.128bn despite cutting 400 jobs in January. Despite the higher profits, company boss Ken Murphy refused to rule out further job losses ...

No-moat Tesco finished its fiscal year in February 2025 with sales growth of 3.5% and total revenue of GBP 69.9 billion, in line with company-compiled consensus. Tesco increased market share by 60 ...

Representative image Tesco reports full-year results on Thursday, giving Britain's biggest supermarket group a platform to respond to rival Asda's move to lower prices that sent shares in the ...

Ken Murphy, the CEO of Tesco, has his share bonus package partially linked to the company's food waste reduction targets. It comes after Tesco cut ties with a food waste processor last year ...

Shares fell after the U.K.’s largest supermarket said it expects profit to fall as competition intensifies, with rivals such as Asda ramping up efforts to gain market share.

Mr Murphy said guiding down the profit expectations will give Tesco the "flexibility and the fire power to maintain our position in the market". The company said: "We see further opportunities to ...

To further underscore its commitment, the company has tied CEO Ken Murphy's share bonus to meeting its food waste reduction targets. This vow follows Tesco's decision to sever ties with a food ...

Tesco plans to use “flexibility and firepower” to respond to challenging business conditions and the “competitive intensity of the UK market”, as it revises its profit outlook. “We’re seeing a very ...