TESCO plc LSE: TSCO markety, Tesco Mobile, Tesco Bank

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slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 01 lut 2022 09:25

LONDON (Reuters) – Tesco, Britain’s biggest retailer, said on Monday it would no longer operate stores under the low-cost “Jack’s” brand, less than five years after it established the format amid much fanfare.

The group launched Jack’s, named after Tesco’s founder Jack Cohen, in 2018 at a store in Chatteris, eastern England, as part of its centenary celebrations.

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Taking on German-owned discounters Aldi and Lidl, the store focused on simplicity and own-brands to keep costs and prices down. But expansion of the format has been slow.

Tesco said of the 13 Jack’s stores, six will be converted to Tesco superstores, with the remaining seven earmarked for closure in the coming months.

Some 130 roles in the seven stores that are to close and in head office will be affected by the changes. Tesco will try to find them other roles within the company.

“With the learnings from Jack’s now applied, the time is right to focus on ensuring we continue to deliver the best possible value for customers in our core business,” said Tesco UK and Ireland CEO Jason Tarry.

He said the Jack’s brand would live on with Jack’s branded products available to independent convenience stores supplied by Booker, Tesco’s wholesale business.

Tesco also said it would close meat, fish or hot deli counters in a further 317 stores.

There would be no redundancies related to the counter closures as affected colleagues would be offered alternative roles.

Earlier this month, Tesco raised its profit outlook for the second time in four months after better-than-expected Christmas trading.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

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slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 31 mar 2022 12:33

LONDON (Reuters) – Britain’s biggest retailer Tesco will increase the price it pays for all its fresh milk by nearly 20% as suppliers battle unprecedented levels of on-farm inflation, it said on Wednesday.

The group, which has a 27.4% share of Britain’s grocery market, said the 520 British dairy farmers that make up Tesco’s Sustainable Dairy Group (TSDG) will see the retailer pay them 40.84 pence a litre in May versus 34.16 pence a litre currently.

The farmers will also see an interim price rise in April, Tesco said.

The rise reflects the soaring cost of feed, fuel and fertiliser that dairy farmers are having to endure.

Tesco declined to say what the implications would be for the price shoppers pay for milk.

CEO Ken Murphy said in January the grocer would do its “very best” to manage inflationary pressures.

Several of Tesco’s own brand milk lines, including four-pint variants, are covered by a scheme which matches the prices of German-owned discounter Aldi.

On Tuesday, market researcher Kantar said UK grocery price inflation hit 5.2% over the four weeks to March 20, the highest level since April 2012.

The Kantar data also showed Tesco continuing to outperform its big four rivals – Sainsbury’s, Asda and Morrisons.

https://www.fxempire.com/news/article/b ... fth-952850
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Posty: 44305
Rejestracja: 19 lip 2005 13:21
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 13 kwie 2022 11:35

In corporate news, Tesco (LON:TSCO) stock fell 5.3% after the U.K.-based supermarket chain warned its profit was likely to fall in the current year, outweighing its plans to buy back 750 million pounds ($975 million) worth of shares.

Tesco Plunges After Warning of Profit Fall Due to Inflation

Investing.com -- Tesco (OTC:TSCDY) shares plunged to their lowest in six months on Wednesday after the U.K. grocery giant said operating profit will fall in the next 12 months as it battles to contain the effects of runaway inflation.

By 4:54 AM ET (0854 GMT), Tesco stock in London was down 5.6%, the second-worst performer in the benchmark FTSE 100 index, as the market fretted about its ability to offset higher input costs.

The company said it expects adjusted operating earnings, its preferred metric of profitability, to fall to as little as 2.4 billion pounds ($3.12 billion) over the 12 months through next March, due to an acceleration of investments to cut operating costs. Tesco's ability to raise prices is constrained by intense competition, notably from German discounters Aldi and Lidl, and the company has stuck by its commitment to match Aldi's prices on a list of 650 items.

"Clearly, the external environment has become more challenging in recent months," Tesco chief executive Ken Murphy said in a statement. "Against a tough backdrop for our customers and with household budgets under pressure, we are laser-focused on keeping the cost of the weekly shop in check – working in close partnership with our suppliers, as well as doing everything we can to reduce our own costs.”

Adjusted operating profit for the year ended in March rose 58% to 2.83 billion pounds, supported by a strong economic rebound as the pandemic receded. That enabled Tesco to raise its full-year dividend by 19% to 10.9 pence. The supermarket chain now faces headwinds from the normalization of consumer spending in the coming year, as a population no longer locked down diverts more of its spending back to services.

Tesco's results come on the same day that consumer inflation in the U.K. surged to a 30-year high of 7%, with prices rising 1.1% on the month alone, well ahead of expectations.

"Tesco has already pledged to increase staff wages in its efforts to retain service levels, raising salaries by 6%, while rising fuel prices are likely to increase the costs of maintaining its delivery and logistics operations," CMC Markets analyst Michael Hewson said in a flash note.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 08 cze 2022 10:58

LONDON (Reuters) - European retail stocks fell sharply on Tuesday, spooked by U.S. retailer Target Corp (NYSE:TGT) slashing its quarterly margin forecast for the second time in less than a month.

Target said it would have to offer deeper discounts and cut back on stocking discretionary items, as inflation dents spending, adding to the gloomy global consumer outlook.

Europe's retail stocks index fell to more than a one-week low and was down 2.9% at 1229 GMT.

The drop in European retail shares weighed on the broader market with the benchmark index extending losses to stand 0.7% down on the day.

With the latest data showing headline consumer price inflation running at 8.3% in the United States, 9% in Britain and 8.1% in the 19-country euro zone, the outlook for shopper spending is grim.

In Britain, retail stocks had already been marked down by industry data showing shoppers cut their spending in May by the most since the country was in a coronavirus lockdown in early 2021.

Shares in UK clothing and food retailer Marks & Spencer (OTC:MAKSY) were down 3.8%, clothing retailer Next was down 2.8%, home improvement retailer Kingfisher (LON:KGF) was down 4.2% and supermarket group Tesco (OTC:TSCDY) was down 1.4%.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 17 cze 2022 10:37

Tesco stock fell 0.7% after the U.K.’s largest grocery chain said its sales largely stagnated in the three months through May and warned of an "incredibly challenging market environment," as customers struggle with high inflation.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 05 paź 2022 21:27

U.K., Tesco PLC (LON:TSCO) shares were down after the grocery chain said annual profit will still fall within its target range despite lingering "uncertainties" in the trading environment due to cost inflation.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 13 sty 2023 01:02

Tesco braces for post-Christmas hangover with more deals

LONDON (Reuters) -Britain's biggest retailer Tesco (OTC:TSCDY) said it would focus on offering customers better value deals in January as it does not believe inflation has peaked, preparing for a tough 2023 after shoppers defied the cost of living crisis and spent big at Christmas.

Trading updates show Britons did not hold back in December, with families hosting larger Christmas gatherings after two years of pandemic restrictions and treating themselves at home rather than going out to bars and restaurants to save cash.

"You could see people celebrating but in a responsible way, that I think was the theme at Christmas," Tesco Chief Executive Ken Murphy told reporters.

"They were managing their spend, they spread that spend a little bit and they bought better value products."

For Tesco that led to a better-than-expected 4.3% rise in underlying UK sales in the quarter to Nov. 26, and a 7.2% rise in the six weeks to Jan. 7, making it one of the sector's stronger performers, along with rival Sainsbury's and discounters Aldi and Lidl.

“[Tesco was] clearly a winner competitively over Christmas…and so the virtuous circle of scale benefits being reinvested in price to weaken smaller competitors and gain share can continue,” one top 20 Tesco shareholder told Reuters.

But the sector is now braced for a tough year, with surging energy and property costs and higher taxes squeezing consumers' budgets, leaving their confidence close to record lows.

"We are more focused this January on value because we think that's what's important to customers," said Murphy.

But he saw reasons for some optimism.

"Customers are weathering the storm, we're in a full employment market, I think the sense is that maybe the recession will be a little shallower than maybe people were thinking," he said.

Asked about inflation, running at 10.7% in November, he said: "We're not sure it's peaked just yet. We would hope that by the middle of the year it will have peaked and then we will see it come down the other side."

Industry data has shown the grocery sector as a whole delivered record festive sales, albeit growth was driven by price inflation rather than increased volumes.

Tesco, with a 27.5% share of Britain's grocery market, said it had good momentum going into 2023 and expected to "maintain our competitiveness and deliver a strong performance relative to the market despite the challenging conditions ahead".

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Tesco has benefited from a scheme to price-match Aldi on over 600 products and the popularity of its "Clubcard Prices" loyalty programme that offers discounts.

Tesco, like Sainsbury's, is absorbing some of its cost inflation rather than passing it all on to consumers.

Analysts welcomed the solid trading but Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said aggressive pricing could hurt profit margins.

"The tug of war between pricing and volumes is clearly producing a good result, which is why profit expectations have been reiterated, but it's still hardly an ideal state of affairs for the big names in industry," she said.

Tesco kept its forecast for 2022-23 retail adjusted operating profit of 2.4-2.5 billion pounds ($2.9-$3.0 billion), down from 2.65 billion pounds in 2021-22.

It expects retail free cash flow of at least 1.8 billion pounds and profit from Tesco Bank of 120-160 million pounds.

Shares in Tesco have fallen 16% over the last year, but are up 8% over the last month. They were down 0.5% in morning trading.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 13 sty 2023 01:05

LONDON (Reuters) -The chief executive of British retailer Tesco (OTC:TSCDY), Ken Murphy, said on Thursday that inflation may have not peaked "just yet," adding that he hoped it would come down by the middle of this year.

"We're not sure it's peaked just yet," Murphy said in response to a question on inflation. "We would hope that by the middle of the year it will have peaked and then we will see it come down the other side."

Britain's consumer price inflation rate hit a 41-year high of 11.1% in October but eased off to 10.7% in November. The Bank of England thinks it will slow to about 5% by late 2023.

Like most other industries, retailers have been grappling with rising costs while customers are cutting down on spending due to surging inflation, also hampering earnings.

Still, Tesco reported strong Christmas sales as families hosted larger gatherings during the holiday season after two years of pandemic curbs, and treated themselves while at home rather than going out to save cash.

"We are more focused this January on value because we think that's what's important to customers. That said, the performance is pretty good and in line with our expectations," Murphy said.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 20 lut 2023 09:56

Tesco inches higher as supermarket reportedly explores possible banking arm sale

Investing.com -- Shares in Tesco PLC (LON:TSCO) edged marginally higher in early trading on Monday after Sky News reported that Britain's biggest supermarket chain has hired Goldman Sachs (NYSE:GS) to advise on future plans for its financial services division.

Tesco will launch a review of its operations in the U.K. banking sector, Sky News said, adding that this may lead to an eventual sale of the business.

Citing "city insiders," Sky News said the review is in a preliminary stage and may not end up with the unit being sold. One source quoted by the outlet claimed that a partial sale or joint venture may be another potential option.

Scotland-based Tesco Bank brought in £400 million (£1 = $1.2050) in sales in the 19 weeks to January 7, according to the company's third-quarter and Christmas trading results, a like-for-like increase of 14.6% driven by a post-pandemic "normalisation" of customer demand that caused an uptick in credit card spending and ATM transactions.

For the 2022/2023 fiscal year, Tesco also backed its guidance that the banking arm will deliver adjusted operating profit of between £120M and £160M.

"We're able to confirm the guidance range that we put out there for the Bank simply because of the great credit control management that we have in place. In fact, I would say to you, the quality of the book that we have has improved over the years," said Tesco's chief financial officer Imran Nawaz in an earnings call in January.

Neither Tesco nor Goldman Sachs commented on the Sky News report.

https://www.investing.com/news/stock-ma ... le-3008016
Ostatnio zmieniony 26 lut 2023 00:51 przez slayer74, łącznie zmieniany 1 raz.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
Kapitan
Posty: 44305
Rejestracja: 19 lip 2005 13:21
Lokalizacja: West Poland- FZ 1974

Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 20 lut 2023 20:24

Britain's Tesco raises store workers pay by 7%

LONDON (Reuters) - Tesco, Britain's biggest retailer, will raise the hourly pay rate for store workers by 7% from April, it said on Monday.

The supermarket group said store workers will get 11.02 pounds ($13.25) an hour from April 2, up from 10.30 pounds currently. It said the investment would cost it more than 230 million pounds.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
Kapitan
Posty: 44305
Rejestracja: 19 lip 2005 13:21
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 06 mar 2023 11:00

On the upside, B&Q owner Kingfisher and Tesco rallied after upgrade to 'buy' from 'hold' at Jefferies
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Rejestracja: 19 lip 2005 13:21
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 12 mar 2023 14:05

Aldi and Lidl no longer the UK's cheapest supermarkets as major retailer slashes prices
Aldi has plummeted to fourth place in our ranking of the UK's cheapest supermarkets, while Lidl was beaten to the top spot by 1p.
By Rachel Pugh Fashion, beauty, money and shopping editor Cathy Owen Breaking News Editor
14:52, 22 JAN 2023.


Supermarket giant Aldi is no longer the UK's cheapest supermarket. Another major supermarket has taken the top spot, and surprisingly, it's not Lidl.

The news comes after Aldi sent a bus around rival supermarkets to pick up shoppers, which was adorned with signs stating it was the Which? cheapest supermarket of 2022. Now one of Aldi's rivals, which was affected by the stunt, has been named the UK's cheapest.

The shopping list of seven items - milk, bread, eggs, cheese, spaghetti, apples and breakfast cereal - was more expensive in all seven supermarkets on the list and had increased by £1.06 in a month at Sainsbury's. All the bills are also more than £10 for the first time since we started our own survey in March last year.

Tesco was the cheapest for the first time (£10.78), coming in 1p cheaper than Lidl and 25p cheaper than Asda, Aldi was fourth cheapest at £11.06 compared to £10.78 at Tesco if you use the clubcard to get the cheap cheese deal.

Well,well,well, Tesco now the cheapest on the 7 basic shopping items, take the hundreds of price matches and you have a fantastic fight back by the UKs leading supermarket, customers are very savvy these days' and the misleading like for like trolly adverts on "selective " comparable items is backfiring day after day.
I have high expectations that Tesco will have a very good and solid year in 2023.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Posty: 44305
Rejestracja: 19 lip 2005 13:21
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 27 mar 2023 15:49

Sklep widmo w Gliwicach. :evil: Całe miasto robiło tu zakupy. Jak wygląda teraz? Przygnębiający widok

Kupowało się tutaj przybory szkolne pod koniec sierpnia, aby być gotowym na pierwszy szkolny dzwonek. Przed Wigilią kolejki ustawiały się po karpia z wody, a wiosną tłumy przebierały w czekoladowych zajączkach i jajeczkach do wielkanocnego koszyczka.

Do TESCO na Łabędzkiej w Gliwicach kursowały specjalne sklepowe autobusy, które za darmo przywoziły chętnych mieszkańców z odleglejszych dzielnic miasta na zakupy. Swego czasu hipermarket czynny był całą dobę, co zdecydowanie ułatwiało życie w nagłych żywnościowych zachciankach wielu gliwiczanom! Na pasażu znaleźć można było sklepiki z prasą, placówkę pocztową, jubilera czy stoiska gastronomiczne z ciepłymi napojami i pysznymi potrawami, umilającymi czas oczekiwania na odjazd kolejnego darmowego autobusu.

Dziś pawilon stoi ogołocony z szyldów i zapomniany, a na ogromnym parkingu hula wiatr. Co prawda, niektóre małe stoiska pasażowe nadal funkcjonują, ale nie widać chętnych, którzy przybywaliby tutaj, aby z nich skorzystać. Taśmy oddzielają niemal pustą przestrzeń marketu, która niedostępna jest dla odwiedzających pasaż. Na ladach kas zostały porzucone telefony i instrukcje, a w punkcie obsługi klienta stacjonuje ochroniarz, ospale wypełniający krzyżówki.

Swego czasu spekulowano na temat przejęcia pawilonu przez inne popularne sieci supermarketów, w tym NETTO. Ostatnio mówiono o markecie budowlanym. Faktycznie, część marketu została oddzielona płytami dykty... i to wszystko. W pamięci gliwiczan zostały już tylko wspomnienia po czasach świetności TESCO.

Jak dziś wygląda market TESCO w Gliwicach? Przygnębiający widok...
Przygotowaliśmy dla was zdjęcia z wnętrza byłego już marketu-giganta w Gliwicach. Zapomniany, opustoszały i niepotrzebny. Aż przykro patrzeć na to, jak dziś wygląda...
https://dziennikzachodni.pl/sklep-widmo ... d/65845605
https://www.msn.com/pl-pl/wiadomosci/ot ... 41ea&ei=19
Ostatnio zmieniony 29 mar 2023 11:18 przez slayer74, łącznie zmieniany 1 raz.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
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Posty: 44305
Rejestracja: 19 lip 2005 13:21
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Re: TESCO plc LSE: TSCO markety, Tesco Mobile

Postautor: slayer74 » 29 mar 2023 11:17

Tesco shares gained after Morgan Stanley raised the stock to 'overweight' from 'equal weight', increasing its price target to 296p from 263p

EDIT
ATechniczna
wybcie z półrocznej formacji weekly cup with handle?
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!

slayer74
Kapitan
Posty: 44305
Rejestracja: 19 lip 2005 13:21
Lokalizacja: West Poland- FZ 1974

Re: TESCO plc LSE: TSCO markety, Tesco Mobile, Tesco Bank

Postautor: slayer74 » 13 kwie 2023 11:34

Supermarket chain Tesco gained after saying it expects to post flat profits this year and announcing a £750m share buyback as annual earnings fell last year after it absorbed the cost on inflation instead of passing it on to customers. The company said group pre-tax profit halved to £1bn. Retail adjusted operating profit fell 6.3% to £2.49bn.
Pieniądz robi pieniądz a bieda robi jeszcze wiekszą biedę !!!


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