The decline in Tesco’s fortunes in recent weeks has been staggering. Falling sales and an accounting scandal have caused a slump in profits and the supermarket’s share price. Pre-tax profits fell 92% to…
The crisis of confidence at Tesco signals a remarkable fall from grace given that it wasn’t so long ago that Britons were spending one pound in every seven in its stores. But should we feel sorry for Tesco…
The decline of big supermarkets in the face of brutal competition from discount retailers like Aldi and Lidl has been widely discussed. But, as shoppers move away from conventional ways of shopping, little…
“Never let a good crisis go to waste.” The well-known words of Winston Churchill are probably on the mind of Dave Lewis, the new CEO of Tesco. The company faced what many deemed to be the worst crisis…
The news that Tesco overstated its half-year profit guidance by £250m has sent the company’s share price tumbling – and poses serious questions about its auditing and corporate governance. The company…
Mycologists – scientists who study fungi – estimate there are up to five million species of fungi on Earth. Of these, only about 2%, or 100,000 species, have been formally described. So where are the other…
Imagine taking over the reins of a firm which only a few years ago was regarded as one of the best run companies in the UK, but now routinely posted declining market share, moribund profits, and mounting…
Tesco boss Philip Clarke has paid the price for another profit warning from the struggling – though still dominant – retailer. But while his track record is picked apart by commentators, scrutiny should…
In their bids for greater market share, Australia’s two largest supermarket chains sometimes portray themselves as healthy places to shop. But Woolworths’ latest “Jamie’s Garden” sticker campaign might…
The use of slave labour in the global chain that supplies prawns to supermarkets in the US and the UK has been highlighted by a report in The Guardian. Following a six-month investigation, it was revealed…
British supermarket Waitrose is marketing “bubbleberries” in some of its stores, describing them as resembling a small strawberry that is “beautifully fragrant, with the unmistakable taste of bubblegum…
Only a few years ago jokes about home brand products were quite common. Having a blue and white or red and white dinner meant enjoying generic brand fare that night around the table. But the recent intensification…
When you walk into a supermarket, you probably want to spend as little money as possible. The supermarket wants you to spend as much money as possible. Let battle commence. As you enter the store your…
On the night of 25 October 2013, Paul May, James Chan and William James were arrested for taking food out of the bins at an Iceland store in Kentish Town. Iceland denied they had called the police or sought…
Arne Strauss, Warwick Business School, University of Warwick
The online grocery market has been growing in the double digits in the UK and is on the rise all over the western world. Retailers are fighting to get their share of the business and spend big on launching…
The Australian Capital Territory (ACT) government has introduced a Healthy Weight Action Plan aimed at curbing the number of obese people in the territory. As its name suggests, the plan seeks to create…
Your eye gets caught by the dried apples slices and pistachios but your child, sitting in the trolley, sees the Percy pig sweets. The queue is moving slowly, how well do you resist? A commentary by Deborah…
Our awareness of food waste is increasing all the time, yet we continue to throw away vast amounts of produce even when we don’t need to. We are getting tired of being lectured on our habits so its time…
Coles, Woolworths and the Food and Grocery Council have released a draft industry code of conduct to help govern their relationships with suppliers. The code will be “voluntary” under section 51AE of the…