Category: Tesco

Tesco Defies Supply Chain Challenges to Lift Profit Forecast

LONDON—Tesco, Britain’s biggest retailer, raised its full-year earnings forecast on Wednesday after the unmatched scale of its store and online operations helped it outperform rivals in the first half and deliver a better-than-expected 16.6 percent increase in profit. British retailers are battling supply chain disruptions and labor shortages. Supermarkets also face tough comparisons against record…


Tesco Supermarket in Manchester Closes Briefly Due to CCP Virus Outbreak

UK’s Supermarket giant Tesco on Saturday briefly closed one of its branches in Greater Manchester after a staff member passed away amid a CCP virus outbreak. Customers of Tesco’s Stretford branch on Chester Road found their local store closed on Saturday morning. The supermarket chain had confirmed on Friday that a “number of colleagues” at…


Tesco and Asda Latest UK Supermarkets to Bar Shoppers Without Masks

Tesco and Asda have joined other major UK supermarkets in hardening their approach to shoppers who refuse to wear a face covering, saying they will be denied entry. Laws enacted in the spring mandate face-coverings in indoor public areas, with exceptions, but stores have generally taken a light-touch approach, preferring to offer masks for free,…