Ken Murphy: latest retail news and insights | ESM Magazine

Tesco Trims Profit Outlook Due To Market Uncertainty

Retailer Tesco has forecast full-year core profit to be around the lower end of its previous guidance, saying there were significant uncertainties over the...

Tesco Pledges To Halve Food Waste By 2025

British retailer Tesco has plans to halve food waste in its own operations by 2025, five years ahead of the timeline outlined by the United Nations Sustain...

Changes In Shopper Behaviour Likely To Materialise 'During The Summer', Tesco CEO Says

Tesco chief executive Ken Murphy has said that it is currently too early to tell what effect the growing cost of living crisis will have on shopper behavio...

Tesco CEO Ken Murphy Made £4.75m In 2021-22

Ken Murphy, the CEO of Tesco, Britain's biggest retailer, received a total pay package of £4.75 million (€5.6 million) in 2021-22 and has been a...

Online Grocery Is 'Here To Stay', Says Tesco Chief Executive

Tesco chief executive Ken Murphy has said that he expects online grocery penetration to remain high, despite shoppers returning to stores after the pandemi...

Tesco Sees Full-Year Profit Jump By More Than A Third

Tesco, Britain's biggest retailer, reported a 35.8% rise in annual profit but cautioned profit was likely to fall in the current year given the tough exter...

Loyalty Pays Off For Tesco As Shoppers Feel The Pinch

As UK shoppers face the worst hit to their disposable income in 30 years, Tesco is outstripping rival retailers by tempting more of them through its checko...