Tesco news and archive

Tesco sales up over Q3 and Christmas, growth in clothing

Supermarket giant Tesco welcomed positive performance over Q3 and Christmas, covering the 19 weeks to 4 January 2025, reporting an increase in like-for-like sales during both periods. In the UK and Republic of Ireland, sales rose 3.1 percent, while for Central Europe, they were up 3.5 percent. Overarching retail sales increased 3.1 percent,...

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Tesco clothing sales up as category continues to grow

British supermarket giant Tesco has reported a “strong performance” for its clothing category, which it said had helped boost its Home and Clothing division where sales rose 0.3 percent. This was revealed in the company’s latest interim report for the financial year 2024/25, when volume growth and market share gains were notably highlighted by...

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Tesco introduces ‘digital passports’ for clothing ahead of EU crackdown

British supermarket giant Tesco is believed to have introduced “digital passports” for its clothing range in response to an incoming EU crackdown on sustainability that is set to come into play over the next few years. According to a report by The Telegraph, the retailer has applied the tool to each item in its F&F fashion range, providing...

Fashion

In The Style establishes partnership with Tesco’s F&F brand

Fast fashion retailer In The Style (ITS) has announced a new partnership with F&F, the clothing brand of supermarket giant Tesco. Through the deal, the duo will release a collaborative collection set to launch on the ITS app and in 300 nationwide Tesco stores from June 20. Among the 22 piece collection will be a range of seasonal summer looks...

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Clothing drives non-food sales for Tesco’s Q1

British supermarket giant Tesco has reported its financials for the 13 weeks ended May 25, 2024, in which it saw its like-for-like sales rise 3.6 percent across the UK and ROI to 14.3 million pounds. While food sales continued to be the core driver for its overarching performance, with a quarterly growth of 5 percent, in the non-food category,...

Fashion |In Pictures Featured

Zara McDermott launches clothing brand Rise

Love Island star and influencer Zara McDermott has launched a new women’s ready-to-wear brand in collaboration with Luminoso Brands, the brand licensing and marketing division of Poeticgem group. Called Rise, the casual womenswear brand aims to offer “comfort, inclusivity and style,” and launches with a capsule collection of versatile, easy-wear...

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The UK retailers making ‘record’ investments to raise staff pay

In a retail landscape marked by questions and concerns surrounding financial stability, mounting reports of “record” investments into employee pay suggest there is a light at the end of this gloomy economic tunnel. Various related announcements that have taken place over the past two months come after the introduction of a revised Real Living...

Retail|Beauty

Tesco launches dedicated menopause section in stores

Supermarket Tesco is trialling a new menopause-friendly section in selected stores, designed to help customers find dedicated products to help manage their symptoms and highlight other items that are safe to use when menopausal. The move comes as Tesco joins forces with GenM, an awareness collective that empowers brands to transform how women...

Fashion |In Pictures

Poeticgem launches young fashion brand with F&F

Poeticgem, the retail design and sourcing solutions subsidiary of the PDS Group, has launched an exclusive young fashion brand with F&F at Tesco, designed to offer trend-led fashion and everyday wardrobe staples. 'Oh Me Oh My' (OMOM) is a new lifestyle brand that aims to offer contemporary fashion for a “youthful audience,” explains Poeticgem,...

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Tesco ups FY profit outlook, but Home and Clothing sales fall in H1

British supermarket giant Tesco has upped its full-year profit guidance after reporting a robust first half of the year, despite sales at its Home and Clothing division declining. The retailer reported a 8.9 percent increase in group revenue in the six months to August 26, reaching 30.7 billion pounds. That came as its profit surged to 929...

RetailFeatured

Project Pegasus: John Lewis and Next among those joining crackdown on shoplifting

As the UK continues to battle on through its cost-of-living crisis, an increasingly prominent offset of the financial crunch has become front of mind for many retailers in the region. Shoplifting and retail theft is up 27 percent across 10 of the largest cities in the UK, according to the British Retail Consortium (BRC), which had been calling...

Fashion

Say Pants to the Tax gains momentum as more retailers back campaign

The ‘Say Pants to the Tax’ campaign and petition, launched by Marks & Spencer and Wuka, calling on the Government to reclassify period pants in line with other period products, which have been exempt from VAT since 2021, has gained support from Primark, Tesco, Sainsbury’s, and Mountain Warehouse. Currently, period products such as pads, tampons...