Tesco PLC (LSE:TSCO) saw 1.7% grocery sales growth for the 12 weeks to July 12 while expanding rapid delivery—Uber Eats in August and Deliveroo this summer—building on Whoosh’s 51% sales rise and 1.5m customers, even as unionised staff rejected a 4% pay offer, posing labor risks.
Previous Week Recap
- Grocery Sales Growth 12 Weeks: Tesco PLC (TSCO) posted 1.7% year‑on‑year grocery sales growth for the 12 weeks to July 12, per Worldpanel by Numerator — key short‑term sales figure for traders.
- Tesco Starts Uber Eats Delivery: Tesco PLC to start rapid-delivery with Uber Eats in August, followed by a Deliveroo rollout later this summer, boosting Tesco availability on third-party platforms for faster order fulfillment.
- Whoosh Delivery Expands UK Reach: Tesco PLC (TSCO): Whoosh rapid delivery runs from ~1,800 stores, covers 70%+ of UK population; sales up 51% year-on-year and ~1.5 million customers since 2021 launch.
- Unite Rejects 4% Pay Offer: Tesco PLC (TSCO) staff covered by Unite rejected a 4.0% pay offer; store staff previously got a 5.1% raise. Traders: monitor potential pay disputes and labor cost risks.
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