Tesco news and analysis – Page 225
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News
Mezzanines shelved as Tesco wrings out costs
Tesco is understood to have scrapped plans for new mezzanine floors as it seeks to cut costs “in every orifice of the business”. Shore Capital analyst Clive Black told The Grocer that in the final days before Tesco’s accounting year finishes...
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Tesco cheap? We're cheaper!
Yaxham Waters Farm Shop is playing Tesco at its own game when it comes to pricing - and so far the strategy seems to be working. Richard Ford and Nick Hughes report
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Heinz to feel the Reggae Reggae heat
Dragons’ Den entrepreneur Levi Roots is taking on Heinz with the first Reggae Reggae squeezy sauce.Reggae Reggae Squeezy Tomato Ketchup contains spice and red Scotch bonnet chillies and will arrive in Sainsbury's next month and Tesco in...
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Tesco hires Microlise to cut transport costs
Tesco hopes to slash costs worldwide by enlisting the help of a technology company to improve the efficiency of truck deliveries. A trial in Slovakia would begin in March and if successful would be rolled out to all Tesco's international...
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Tesco urged to share its dairy centre discoveries
The dairy industry has called for Tesco to share research findings from its new National Dairy Centre with the community at large. The centre, officially opened last week, is based at the University of Liverpool and will be funded through an...
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Tesco promises to clarify labelling on bacon packs
Tesco has caved in to industry pressure by stating it will change the country-of-origin labelling across its standard own-label bacon and gammon lines. Tesco confirmed its decision this week in a letter to The Grocer, which referred to an...
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NewsGrocer 33: Corstorphine Tesco delivers on all counts
Tesco in Corstorphine, Edinburgh won this week’s top store award thanks to a clean branch with strong availability, smiling staff and an efficient checkout assistant
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NewsGrocer 33: Asda basket £2.21 cheaper than Tesco
Asda put clear air between itself and its rivals for the fourth week running, thanks to five promotions and 24 of the cheapest or joint-cheapest items in its £44.19 trolley
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Around the Papers 26/1/09
Cocoa crisis; Tesco's secret poultry talks; alcohol improves bedroom performance, claim Aussies
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Somerfield reports sales growth of 3.7% for Christmas period
Somerfield has emerged as a surprise Christmas winner, posting like-for-like sales growth of 3.7% in the three weeks to 3 January. The figure, which is well ahead of Tesco's 2.5% growth, comes despite a smaller marketing budget than its...
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Co-op secures sale of 90 Somerfield stores
Waitrose and Tesco are among a host of retailers that have snapped up stores from the Co-operative Group following its £1.57bn acquisition of Somerfield.
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NewsSecond Opinion: Tesco out of step with customers
And the multiple's move into discount tertiary ranges will not help, says Jonathan Pritchard
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Irish pork suppliers' fury at Tesco dioxin compensation claim
Tesco has angered pigmeat suppliers in the Irish Republic by demanding compensation for lost profit following the recent recall of pork contaminated with dioxin. Suppliers were told the retailer had calculated the lost profit from its "order...
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A run on hot cross buns
Just three weeks on from Christmas, supermarkets are already reporting a run on hot cross buns.Current sales were almost double those last year, said Morrisons, while Tesco said sales were up 17.6% year-on-year. “Shoppers are indulging...
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Does every little help when it comes to ad campaigns?
Tesco's Real Basket Results ad campaign has infuriated rival Asda. But is it also in serious danger of confusing consumers, asks Chloe Smith
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NewsNow Booths gets in on the tertiary brand act
Upmarket northern supermarket chain Booths has taken a leaf out of Tesco’s book by launching a range of tertiary discount products. The ‘discounts brands’ range includes more than 170 lines, from Enliven shampoo to Bokomo cereal, and...
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NewsGrocer 33: Tesco close behind Asda with 47p gap
In a week of intense pricing activity, Asda again provided the cheapest basket
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Tesco confirms 2.5% growth as Cescau comes aboard
Tesco has posted a modest 2.5% rise in UK like-for-like sales for the seven weeks to 10 January, in what is likely to be the slowest rate of growth among the UK’s big four supermarkets for the key Christmas period.
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Musgrave GB snaps up Tesco man Hamilton
Budgens and Londis owner Musgrave Retail Partners GB has appointed Tesco veteran Willie Hamilton as its new trading director.Hamilton has held various senior positions in his 24 years at Tesco, and has been commercial director of the Tesco...
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Tesco press ads hit back at Asda cheapest claim
Tesco is challenging Asda’s positioning as the UK’s cheapest supermarket with a new campaign claiming Asda’s big green arrow ads are “misleading”.The new Tesco adverts use items collected from Clubcard data on 220,000 shops on Friday 2...