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EMARKETER

Tesco launches business unit to sell fulfillment solutions and consulting services to international retailers

Article by Zak Stambor  |  Sep 10, 2024
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Tesco launches business unit to sell fulfillment solutions and consulting services to international retailers
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Technology
Shipping & Delivery
Groceries & Consumer Products (CPG)
UK

The news: Tesco is taking aim at Ocado Group by launching Transcend Retail Solutions. The subsidiary is focused on helping international supermarket chains develop their ecommerce operations, per The Sunday Times.

  • Transcend enables grocers to use Tesco’s software and hardware to fulfill online orders from their stores. It also offers consultancy services.
  • The division secured its first partnership—with New Zealand’s largest grocer, Foodstuffs North Island.