Tag: Tesco

European retail giants Tesco, Carrefour end purchasing agreement after a three-year stint

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EUROPE – British multinational grocery retailer Tesco and French retailer Carrefour have split after terminating a three-year alliance initially designed to trim costs.  A statement from both companies revealed that the collaboration which started back in July 2018 will formally end at the end of this year.   During the unveiling of the agreement three years ago, the retailers had said their coming together would boost their competitiveness and improve the quality and choice of products for customers.  At the time, both supermarkets said the alliance will cover the strategic relationship with global…

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UK retailer Tesco collaborates with Beyond Meat to launch new ready meal range

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UK – Tesco, one of the largest grocery retailers in the United Kingdom, has collaborated with alternative protein company Beyond Meat  to launch a new line of frozen ready meals in the UK. The new line is comprised of four meals which include Korean Inspired Bowl, Naked Burrito, Bangin’ Biryani, and Cowboy Chilli. The meals are under Tesco’s exclusive plant-based Wicked Kitchen range and will be created using plant-based meat alternatives from Beyond Meat. This is the first time Beyond Meat, which is known for its restaurant-quality vegan food, has…

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British Grocer Tesco to increase healthier products sales proportion to boost nation’s health

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US – British multinational grocer Tesco has joined campaign to boost the nation’s health with a new target to increase the proportion of sales from healthier products in the UK to 65 percent by 2025. The UK Department defines healthier products as those food and non-alcoholic drink products not identified as ‘high in fat, sugar and salt (HFSS)’. This is the definition that the British grocer is going by in determining which products will be given prominence in its store across the UK. Food Ingredients First reported that Tesco’s move…

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Cargill, Tesco launch initiative to boost sustainable seafood production

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US – Improving ocean diversity and reducing the seafood industry’s carbon emissions are at the heart of two major programs run by US agricultural commodities conglomerate Cargill and British multinational retailer Tesco. Each of the multinationals is spearheading its own initiatives to turn the tide of unsustainable aquaculture and depleted ocean stocks. Among its targets, Cargill’s new SeaFurther program has set a path to cut emissions from salmon farming by 30 percent. It further aims to save two billion kilograms of CO2 by 2030, while saving energy on the high…

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Tesco partners Manna to launch drone deliveries in Ireland

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IRELAND – Tesco, one of the world’s largest retail chain, has partnered with Irish start-up Manna to introduce Ireland’s first drone delivery service for grocery shopping. According to Tesco, the project is being rolled out on a trial basis and will run for several months initially. Tesco’s Oranmore store in County Galway will be the inaugural location for the drone services and drone delivery will take place within a 2km range of the store. Customers in the Oranmore area will have a chance to order goods for delivery by drone…

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Kakuzi’s parent company sued by UK firm for alleged human rights abuse

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KENYA – The Brirtish owner of the vast Kenyan plantation company, Kakuzi Limited has been sued in the UK by law firm Leigh Day, which is representing scores of alleged victims of rape and violence perpetrated by Kakuzi’s employees. The lawsuit, filed on behalf of 79 Kenyans at London’s High Court, accuses Camellia Plc for turning a blind eye to systematic human rights abuse by its subsidiary’s employees for a period of 11 years since 2009, according to Britain’s Sunday Times newspaper. “The attacks are said to have been part…

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Tesco to stop buying IOTC yellowfish tuna due to failures to manage overfishing

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UK – Tesco, a British supermarket chain, has threatened to stop sourcing yellowfin tuna and billfish from the Indian Ocean due to failures to manage the overfished stock in the region. The supermarket chain said that the Indian Ocean Tuna Commission (IOTC) needs to adopt a recovery plan for rebuilding stocks in their next meeting in order to prevent this from happening, Tesco stated that tuna presents one of the biggest challenges in terms of sustainability. Within the chain, yellowfin is sold as frozen or chilled steaks whereas skipjack goes…

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Tesco targets to triple sale of meat alternatives by 2025

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UK – Tesco, a British multinational groceries and general merchandise retailer has committed to increasing the sale of plant-based meat alternative by 300% by 2025 using 2018 as the base year. In January 2018, Tesco was the first UK retailer to launch an own-label plant-based range, Wicked Kitchen, which initially showcased 20 plant-based meals, sandwiches and salads. By September 2019, Wicked Kitchen had sold more than ten million units of plant-based foods. The new sales target stands alongside a wider set of sustainability commitments which Tesco has developed with its…

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Groceries retailer Tesco partners with food shairing app Olio for food management

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UK – Tesco, a British multinational groceries and general merchandise retailer, is joining forces with mobile app for food-sharing, Olio, in a bid to stop more surplus food from going to waste. Instead, food that would have otherwise been discarded will be redistributed in local communities. The anti-food waste initiative is to be rolled out across Tesco stores. The partnership with OLIO follows a successful six-month trial, which was held earlier this year at 250 Tesco stores that had the most food surplus and saw a high rate of pick…

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Tesco agrees to sell its business in Poland to Salling Group for US$224m

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UK – Tesco has announced the sale of its business in Poland, which includes of 301 stores together with the associated distribution centres and head office to the Salling Group, owned by Denmark-based Salling Foundations, in a transaction valued at £181 million (US$224.48m) The transaction, which is subject to antitrust approval, is expected to close in the current financial year. The retail giant said that the proceeds from the sale will be used for general corporate purposes. Commenting on the sale, Dave Lewis, Chief Executive of Tesco, said: “We have…

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