Tesco expects to cut its workforce by about 4,500 people as it makes changes to the way it staffs its shops, especially its 153 Tesco Metro stores. It says the changes will reflect its customers’ changing shopping behaviour.
Tesco is looking at developing convenience stores where shoppers can go in, fill their bags and leave again – without having to engage with a checkout at all – in a bid to take on what it clearly sees as a very real threat from Amazon Go.
Tesco today said its first quarter sales had been held back by the decision to close its Tesco Direct arm last summer. Despite this, Tesco, a Leading retailer in IRUK Top500 research, reported a 7% rise in online grocery sales over the period
In the week that official ONS figures show online food sales took a record share of the market – at 5.8% of all retail sales in the sector – how are grocery retailers responding to the change? We report on Tesco and Iceland, both reporting on their latest figures today.