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Murphy was keen to point out Tesco's limited exposure to tariffs, and suggested Asda's price push was part of a general ...
But these are not normal times: this week, just as with the past few, we are being served up wall-to-wall Trump and tariffs. Tesco boss Ken Murphy and CFO Imran Nawaz will likely have spent much of ...
When Sainsbury's reports annual results on Thursday all eyes will be on whether Britain's second-largest food retailer follows industry leader Tesco in forecasting lower profits this year to give it ...
Ken Murphy, 57, landed the job of Chief Executive three-and-a-half years ago and is set for a big reward. This is due to a huge rise in Clubcard customers and a surge in online sales. Just over ...
Despite reporting incredibly strong trading figures for the last financial year, Tesco slashed its profit forecast for the coming year. Is the supermarket giant being overly cautious though? Tesco’s ...
Chief executive Ken Murphy also refused to rule out fresh job cuts as the supermarket targets a further £500 million in savings this year.
2024 has been a tough year for retail. From companies sounding the alarm on business rates in the first half of the year to low consumer confidence and footfall proving stickier than expected, the ...
Tesco drivers and warehouse workers must get a fair pay increase following the publication of financial results revealing the ...
Chief executive Ken Murphy said the company is facing mounting pressure to slash prices, after competitor Asda recently promised the company’s biggest price cuts in 25 years. Tesco said it ...
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