Tesco

Have you heard the good news? The stories of the companies that get it right

There’s no shortage of complaints about companies that treat people badly, so it lifts our spirits to hear about businesses that show they truly care about customers. Here are some examples

Grocery inflation at lowest level since start of cost-of-living crisis

Kantar data shows prices rising at 2.6 per cent in 12 weeks to middle of May

Irish boss of Tesco sees pay more than double to €11.5m

Cork native Ken Murphy’s total pay surges from €5.2m a year ago, largely on back of performance share plan

Grocery inflation falls again as Easter egg sales surge

Kantar puts grocery inflation at 2.9 per cent in the 12 weeks to the middle of April

Tech fund doubles stake in Murphy’s Smarttech 247

William Currie Investments increases holding to more than 6%

Hotter-than-expected inflation data sends US stocks lower

Iseq index outperforms its European peers, adding 0.75 per cent

Tesco announces 7.2% sales bump and €1.2bn share buy-back

Supermarket group’s sales in the Republic were up almost 7% over the past year

Grocery price inflation falls to lowest level in two years

Irish shoppers spent €25m on Easter eggs as on-brand label products perform well for supermarkets

An Irish sparkling wine and three more bottles to try from cooler climates

John Wilson: Amid climate change, we could see wine lists in restaurants feature some unfamiliar varieties

Freight firm ordered to move shipping containers or face possible contempt of court applications

Stateline Transport Ltd fails to secure extension to court mandated deadline of April 5th for removal of containers from Tesco site

Wines from South Africa to try: a surprising Stellenbosch white and a Swartland Shiraz

Wines for the Weekend: Over the last decade a new generation of younger winemakers have shown Swartland has real potential

Your week abroad hasn’t begun until you’ve taken in the beauty of the foreign crisps aisle

Emer McLysaght: Fancy Dunnes, Big Tesco, regional Supervalu, Mercadona – I love them all

Social-media firms refused to commit to improving age-verification of users, Minister says

Meta representatives among those to attend roundtable meeting with Government

Barclays to buy most of Tesco’s banking business for €703m

UK lender strikes deal to buy bulk of supermarket’s bank

Waterford-based Enerpower to rollout 500MW of renewable energy in Ireland

Five year plan is in partnership with Portuguese group Greenvolt, which acquired majority stake in Enerpower last year

Tesco Ireland to run job clinics for people in direct provision

Clinics will include CV and interview training, and the opportunity to interview for roles in Tesco stores across the country

Grocery inflation falls to 5.9% as promotional sales increase

Level was at 7.1 per cent in December and 16.4 per cent in March of last year

European shares flat after rate cut hopes are dashed by US jobs data

Airlines and tech stocks advance in final trading session of the week

Two French wines for €12: a fresh and zesty white and a full-bodied fruity red

Wines for the Weekend: The wines here come from a warm climate and tend to be rich and soft

Eat out for less with these smart January restaurant deals

Get creative this month with early tables, supermarket vouchers and BYOB for some incredible restaurant value

European shares fall as stronger-than-expected US inflation hits rate-cut hopes

Pan-European Stoxx 600 suffers third consecutive day of losses

Tesco’s share of Christmas grocery trade rises to a quarter, highest since 2015

Like-for-like Irish sales up 5.5% for Christmas period

European markets lacklustre as investors await key US inflation data

Iseq All Share dips 1.88% on a weak day for the banks

Seasonal cheer for supermarkets as consumers set to spend over €1.4bn on groceries

Grocery inflation continuing to fall, according to figures from retail analysts Kantar Worldpanel, with speed of price increases declining for seventh successive month

Maurice Pratt on Quinnsworth’s ‘enemy’ Ben Dunne

The former managing director of Quinnsworth says he hopes Ben Dunne will be remembered as ‘a tremendous retailer’

Grocery inflation eases back again to stand at less than 10%

Own-label sales grow at almost twice the pace of branded goods during reporting period

Musgrave acquires Joyce’s Supermarket in Oranmore from Tesco

Store to be operated as a SuperValu after competition watchdog raised concerns during vetting of €80m deal

Grocery inflation slows again but supermarket prices are still going up

Prices still about 10.5% higher now than this time last year, but retail analysts Kantar upbeat about further falls in inflation

Tesco raises profit outlook as food inflation eases

Retailer sees like-for-like sales in the Republic rise 6.9% in first half of its trading year

DHL to invest €80m in Cork biomethane facility

Logisitics firm says deal would cut carbon emissions by 15,000 tonnes per year

Grocery inflation falls back to 11.5% with more declines expected

Prices have now fallen for fourth successive month in a row

Tesco’s Irish profits fell last year, but it still makes a higher margin here than in the UK

Retailer made a pretax profit of just more than €2m a week from its network of 166 outlets in the Republic

Ireland has two classes: working-class and ‘notions’. In London, it’s far more subtle

British supermarkets mirror the nation’s class structure. Australia’s no-nonsense approach feels more like home

BP’s Irish CEO quits, Apple cuts iPhone prices, and private school costs

Business Today: the best news, analysis and comment from The Irish Times business desk

Tesco’s Irish business made a profit of €108m last year

First set of Irish accounts published by British grocery chain show it paid €80.2m to acquire Joyce supermarket group in Galway in mid-2022

Digicel pays Denis O’Brien-controlled group $10m for private jet use

Seen & Heard: Developers’ backstop; vacant site judicial review; RTÉ bailout; Biden’s bills; and Tesco store plans

Tesco introduces new health-related supports for staff at Irish business

Free online GP consultations among the benefits of the package for British multinational retailer’s 13,000 Irish staff

UK grocery inflation continues downward trajectory

Annual rate still high at 14.9%

BYOB is back: The restaurants around Ireland where you can bring your own booze

Save money by buying cheaply in your local supermarket or treat yourself by upgrading the usual house wine

Tesco appoints Irish businessman Gerry Murphy as new chair

Murphy will replace John Allan, who stepped down earlier this year amid misconduct allegations

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