Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTesco Share News (TSCO)

Share Price Information for Tesco (TSCO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 307.60
Bid: 307.50
Ask: 307.70
Change: -2.00 (-0.65%)
Spread: 0.20 (0.065%)
Open: 309.90
High: 309.90
Low: 306.70
Prev. Close: 309.60
TSCO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Breakfast, barbecues and booze: UK supermarkets set for Women's World Cup final fillip

Fri, 18th Aug 2023 10:38

LONDON, Aug 18 (Reuters) - British supermarkets and pubs are set to enjoy a boost to trade this weekend as families and friends gather for breakfasts and barbecues to watch England's Lionesses play Spain in the Women's World Cup soccer final in Australia.

The game on Sunday will be the first time since England's men beat West Germany in 1966 that a senior England team has reached a soccer World Cup final.

With fair weather forecast, supermarket demand for alcohol, soft drinks, and barbecue food is expected to jump.

The early kick off, at 11 a.m. local time (1000 GMT), is also anticipated to drive sales of breakfast treats.

The boost to trade will be welcomed. On Friday, official data showed a bigger-than-expected fall in UK retail sales in July as heavy rain deterred shoppers already hard hit by high inflation and consecutive increases in interest rates.

Pubs are also expecting increased demand, with trade body UK Hospitality estimating an additional 41 million pounds ($52 million) in sales.

Market leader Tesco said it expected burger sales to more than double this weekend versus last, with lager sales up 35% and Champagne sales up 30%.

Sainsbury's, Britain's second largest grocer, saw beer sales jump over 20% week-on-week for the Lionesses semi-final victory over Australia on Wednesday.

"We expect that figure to continue to rise over the weekend," a Sainsbury's spokesperson said.

The group is also forecasting a 10% week-on-week uplift in sales of crisps and soft drinks, and a 30% increase for ice cream.

Asda, the No. 3 grocer, has forecast a sales jump of 25% year-on-year for bacon and burgers on Saturday as fans stock up before Sunday's final. It expects a 5% rise in alcohol sales.

No. 4 Aldi expects to sell over 250,000 cans of beer this weekend and more than a million packets of crisps.

Nathan Ansell, customer director, at upmarket supermarket Waitrose, said its stores had also stocked up on bacon, sausages, eggs and champagne and forecast high demand for grocery deliveries from Deliveroo and Uber Eats on Sunday.

The John Lewis department store chain reported sales of children’s football boots have more than doubled since last week, while sales of TVs have climbed by 25% on last year.

Sportswear retailers JD Sports Fashion and Frasers have also reported strong demand for Lionesses jerseys. ($1 = 0.7863 pounds) (Reporting by James Davey; editing by Barbara Lewis)

More News
8 Apr 2024 09:23

UK's John Lewis Partnership names ex-Tesco exec Tarry as next chairman

LONDON, April 8 (Reuters) - British retailer John Lewis Partnership said on Monday it had appointed former Tesco executive Jason Tarry as its next chairman following Sharon White's decision to step down from the role. (Reporting by Sachin Ravikumar; editing by William James)

Read more
4 Apr 2024 08:10

Britain's Co-op profit slides after petrol forecourt sale

April 4 (Reuters) - Co-op, which runs Britain's seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursday following the sale of its petrol forecourt business, and amid growing competition among retailers.

Read more
3 Apr 2024 12:58

UK earnings, trading statements calendar - next 7 days

Thursday 4 April 
LungLife AI IncFull Year Results
Friday 5 April 
no events scheduled 
Monday 8 April 
Bango PLCFull Year Results
Ferrexpo PLCTrading Statement
Globaltrans Investment PLCFull Year Results
Tuesday 9 April 
Alliance Pharma PLCFull Year Results
CMC Markets PLCTrading Statement
hVIVO PLCFull Year Results
Imperial Brands PLCTrading Statement
JTC PLCFull Year Results
S&U PLCFull Year Results
Ultimate Products PLCHalf Year Results
Wednesday 10 April 
Churchill China PLCFull Year Results
Futura Medical PLCFull Year Results
M&C Saatchi PLCFull Year Results
Marshalls PLCFull Year Results
Tesco PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
27 Mar 2024 12:55

UK supermarket Morrisons says performance improving under new boss

Rami Baitieh joined as CEO in November

*

Read more
26 Mar 2024 08:41

TOP NEWS: Grocery inflation hits 2-year low while sales get Easter boost

(Alliance News) - Grocery price inflation eased further in March, while early Easter treats gave sales a boost, new data showed on Tuesday.

Read more
26 Mar 2024 08:00

British grocery price inflation slows to 4.5%, Kantar says

*
UK grocery inflation at lowest level since Feb. 2022 -Kantar

Read more
22 Mar 2024 09:53

Supermarket Income REIT buys Tesco omnichannel store for GBP35 million

(Alliance News) - Supermarket Income REIT PLC on Friday said it will buy a big Tesco PLC omnichannel supermarket.

Read more
20 Mar 2024 09:38

Greggs stores forced to close as technical issue halts payments

(Alliance News) - Greggs PLC stores across the UK on Wednesday have been hit by technical issues preventing them from accepting payments, forcing some to close.

Read more
19 Mar 2024 12:54

PRESS: Tesco loses appeal in 'yellow circle' trademark spat with Lidl

(Alliance News) - Tesco PLC on Tuesday lost an appeal in a row with discount rival Lidl over the use of a yellow circle against a blue background in its Clubcard branding, according to Sky News.

Read more
19 Mar 2024 11:43

Tesco loses appeal over Lidl trademark infringement

(Sharecast News) - Tesco, the UK's largest retailer, faced defeat in an appeal regarding a trademark infringement case brought against it by the privately-held limited assortment discounter Lidl, it emerged on Tuesday.

Read more
18 Mar 2024 06:59

PRESS: M&S and HSBC planning loyalty "superapp", seven-year deal — Sky

(Alliance News) - Marks & Spencer Group PLC and HSBC Holdings PLC are preparing plans to announce a new seven-year deal that includes the creation of a loyalty "superapp", Sky News reported Sunday.

Read more
28 Feb 2024 12:43

IN BRIEF: New Hargreaves Lansdown chair buys GBP140,000 in shares

Hargreaves Lansdown PLC - Bristol, England-based wealth management platform - Non-Executive Chair Alison Platt buys 18,696 shares at GBP7.48, worth GBP139,846, on Monday. Platt took over as Hargreaves chair on February 6, following regulatory approval of her appointment, which was announced back in November. Platt is the former chief executive officer of property firm Countrywide and also currently serves on the board of grocer Tesco PLC.

Read more
27 Feb 2024 11:53

LONDON MARKET MIDDAY: FTSE 100 falters; eyes on US data

(Alliance News) - Stock prices in London were lower at midday Tuesday, ahead of slew of US data which could help determine the course of interest rates.

Read more
27 Feb 2024 08:32

TOP NEWS: UK grocery price inflation decelerates amid Valentine's Day

(Alliance News) - Grocery price inflation dropped to two-year low in the UK, as shoppers prioritised savings on Valentine's Day, new data on Tuesday showed.

Read more
13 Feb 2024 07:55

Citi hails positive impact of banking disposal at Tesco

(Sharecast News) - Citi has renewed its rating on supermarket giant Tesco with a 'buy', hailing the positive impact of last week's £600m disposal of most of its retail banking business to Barclays.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account