Tesco news and analysis – Page 228
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Asda deliveries break into Tesco stronghold
Asda has launched an audacious bid to break Tesco’s dominance of the grocery market in Inverness. It has just launched a home-delivery service from its store in Elgin, 40 miles away from the original Tesco Town. The move comes as it awaits final...
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NewsGrocer 33: Asda basket beats closest rival by £2.14
Asda was comfortably this week’s cheapest retailer, with its £49.33 basket coming in at £2.14 less than nearest rival Tesco’s
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Britain’s biggest chameleon
On a busy results day for Sir Terry Leahy, Adam Leyland talked exclusively to Tesco’s CEO about discount brands, the downturn, Fresh & Easy and the noble art of retailing
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NewsGrocer 33: Tesco comes in 22p less than Asda
'Britains biggest discounter' emerges as the cheapest of the bunch in the latest G33
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Doubts over Aldi 1,500 UK stores target
Aldi has said it is on track to eventually operate 1,500 UK stores, despite a report this week that claimed the number was unrealistic. The CACI report, Discounters’ Challenge in Tesco & Sainsbury’s Heartland, claimed there were 959 potential new...
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Other Movers: 11/10/08
Mervyn Davies is stepping down as a non-executive director of Tesco. He has resigned due to potential conflicts of interest as the supermarket increases its financial services in similar areas to Standard Chartered Bank, where Davies is...
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Supermarket chiefs say price inflation has reached a peak
Sir Terry Leahy this week became the third supermarket CEO to predict that food price inflation has peaked. As Tesco announced a 3.7% increase in like-for-like sales in the six months to 23 August, Leahy said: “I think the peak has passed now so...
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Jaffa gets down with the kids in a brand revamp
Citrus fruit brand Jaffa is to undergo its biggest revamp in 15 years this month, as it is relaunched with a new look. The brand is getting an updated logo and is being relaunched on Tesco shelves over the next few weeks, supported by Jaffa-led...
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Tesco’s discount brand sales soar on Continent
Tesco’s confidence in its new discounter range received a serious boost this week as interim results showed 30% sales growth in central Europe. The sales figures proved Tesco really was “the biggest discounter”, said CEO Sir Terry Leahy. He praised...
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Discovery picks Peck in push to be top Mexican brand
Discovery Foods has appointed Tesco veteran Andrew Peck to the position of sales director as the company steps up its efforts to replace Old El Paso as the UK’s number one Mexican food brand. Peck joins Discovery Foods after a 21-year career at…
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How much is Tesco’s 3.7% worth in times like these?
Tesco has reported interim like-for-like sales of 3.7% in the UK and claims to have made good progress. So is the glass half full or half empty, asks Julia Taylor
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Muslim worker sues Tesco in alcohol row
Tesco is facing legal action from a Muslim former employee who quit the his job with the supermarket giant “in protest” after having to carry alcohol as part of his duties.
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Tertiary Tesco: It’s a brand, Jim, but not as we know it...
Tesco’s new tertiary brand ranges aim to fight off the advance of the discounters. But do they run the risk of confusing consumers, asks Chloe Smith
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Tesco boosts selection of organic meat
Tesco has boosted its organic portfolio by increasing the range of Helen Browning meats it stocks and adding a new leg meat product. As well as doubling listings of Browning’s Organic Speedy Sausages to 200 stores, the supermarket has introduced...
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Tesco pulls sweets in wake of China milk scare
Tesco has withdrawn from sale a line of Chinese sweets known as White Rabbit Creamy Candies as the fall-out from the China milk scandal continues to spread.
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Editor's Comment: Do the big four really need to reinvent themselves as discounters?
With the collapse of Lehman Bros, a bumper worldwide wheat harvest, the return of tertiary brands at Tesco, and Asda’s launch of a 5,000-strong product price war, events threatened to supersede our special Green Issue this week. But saving the...
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Tesco hits back with ‘discounter in every store’ tertiary lines
Tesco has brought back the tertiary brand, with the biggest new range since Tesco Value was launched in 1993. The introduction of Discounter Price and Market Value products was revealed on thegrocer.co.uk on Monday before hitting stores on...
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Sunderland Arc continues with Tesco site plans
A lengthy row over the development of a site owned by Tesco in Sunderland has taken another twist. Sunderland Arc, a regeneration company run by Sunderland Council, has advertised for a developer in the hope that work can finally get under way. It...
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Good value ad drive by Co-op Group
In the same week that Tesco and Asda launched an all-out price war on value lines, The Co-op Group launched a campaign to prove it’s also good value. The society doubled its usual press activity to trumpet its A Great Deal Locally campaign with...
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Advertising: Tesco diverts ad spend to non-food
Supermarkets’ expansion into an ever-increasing range of non-food categories is something that, rather like Sunday opening, we now take for granted. Visit a larger store and the chances are that the first thing you come face-to-face with is books, clothes and homeware rather than fruit and veg.