Selfish sustainability: 4 ways wholesale distributors can change their mindset, bottom line
Stop your scroll — as we social media-focused folks say. Before you move on past another article about sustainability, let’s take a step back for a moment when it comes to that big, scary “S” word. Although challenging to relinquish, let’s start by setting aside all preconceived notions of what sustainability in the fresh produce […]
Tesco sees profits jump, but inflation likely will slow momentum in 2022-23
Though inflation is soaring and the next year promises significant uncertainty, Tesco at least for now can report a rise in profits to more than £2.6 billion from the year ending Feb. 28. The retailer’s leaders warned of a potential dip next year, though they are projecting between £2.4bn and £2.6bn in profits – depending […]
The costs of COVID, new hires eat into Tesco’s sales profits over past year
Tesco’s profits saw a sizable decline during the past year, tumbling by nearly 20% because of the massive costs of doing business during the COVID-19 pandemic, the company reported. After posting more than £1 billion in pretax profit in the previous year, it brought in just £825 million in 2020-21. Those figures and the fact […]
