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Tesco

All articles tagged with #tesco

business9 months ago•4 min saved

Shoppers Mock Tesco's 'VAR' Cameras Amid Checkout Frustrations

Tesco has introduced AI-powered cameras at some self-checkouts to reduce shoplifting, which has led to mixed reactions from customers and concerns over privacy and surveillance. The technology shows a replay when items are not scanned properly, drawing comparisons to VAR in football, and has sparked debates about invasiveness and data privacy. This move is part of broader efforts by retailers to combat rising shoplifting rates in the UK.

via BBC|

#ai-technology #business #self-checkout

crime2 years ago•0 min saved

"Manhunt for Suspect in Clapham Chemical Attack Intensifies"

Police are offering a £20,000 reward for information leading to the arrest of Abdul Shokoor Ezedi, the suspect in a chemical attack on a mother and her daughters in Clapham. CCTV footage shows the suspect visiting a Tesco store in Islington, north London, following the attack.

via BBC.com|

#abdul-shokoor-ezedi #cctv-footage #chemical-attack

business2 years ago•1 min saved

Tesco follows GameStop's lead, discontinues physical video games

UK supermarket Tesco will no longer stock physical video games in its 2,800 stores, citing a shift towards digital entertainment among its customers. However, digital points cards will still be available. This comes as GameStop Ireland closes all 35 of its stores, reflecting the declining demand for physical games. The UK games market has seen a rapid acceleration towards digital, with less than 18% of major game sales in June being through physical stores.

via GamesIndustry.biz|

#business #digital-entertainment #gamestop

business2 years ago•5 min saved

Samsung Electronics Expects Lowest Quarterly Profits in 14 Years as Chip Glut Persists

Samsung Electronics expects its lowest quarterly profits in 14 years due to an oversupply of chips, while Google challenges India's antitrust body over alleged favoritism towards Amazon. Exxon Mobil anticipates lower quarterly profits due to lower natural gas prices and refining margins. Tesco introduces virtual GP appointments for UK staff amid NHS pressure. Stellantis ends feud over Windsor battery plant with Canadian government and resumes construction. Fidelity National sells majority stake in Worldpay to GTCR. Bank of America boosts its quarterly dividend by 9%. Coty raises Q4 and FY23 outlook on strong demand acceleration. Genius Sports extends its deal with the NFL. Marathon Digital's June Bitcoin production jumps 599% YoY. Buckle registers a decline in June sales. Alibaba and Chinese peer stocks fall on signs of a slowdown. JetBlue plans job cuts in New York and Boston as its partnership with American Airlines ends.

via Benzinga|

#business #exxon-mobil #google

business2 years ago•3 min saved

Tesco Chairman John Allan Resigns Amid Allegations of Inappropriate Behavior

Tesco Chairman John Allan is stepping down from his position following allegations of inappropriate conduct. Allan has denied three of the four claims made against him, but board member Byron Grote said the allegations risked becoming a distraction to Tesco. Tesco has made "no findings of wrongdoing". Allan will leave Tesco in June after eight years in the role. The CBI, where Allan was a former president, is also facing separate allegations of sexual misconduct.

via BBC|

#business #cbi #conduct-allegations

business2 years ago•1 min saved

Tesco Chairman John Allan Resigns Amidst Conduct Allegations

Tesco Chairman John Allan will step down from his position at the company's annual shareholders' meeting next month, with senior independent director Byron Grote becoming interim chair. Allan's tenure as chairman was due to end shortly, with a succession planning process in progress. The move comes after claims of inappropriate behavior were made against Allan, which Tesco said risked becoming a distraction. Allan denies three of the allegations, while apologizing for the other.

via CNBC|

#business #chairman #inappropriate-behavior

odd-news2 years ago•2 min saved

Supermarket Surprise: Huntsman Spider Found in Banana Bunch with Massive Egg Sac

A shopper found a giant huntsman spider with a 200-egg sac in his Tesco bananas. The spider was identified as a tropical huntsman, attracted to bananas and hiding in them. The venom of the huntsman spider can cause heart palpitations, vomiting, and headaches. Tesco apologized and offered £100 compensation, but the shopper is fighting for more. Tesco's supplier has since increased checks to prevent spiders from traveling with their fruit.

via The US Sun|

#compensation #egg-sac #huntsman-spider