Tesco news and analysis – Page 233
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comment, What the papers said - 03rd May 2008
? Tesco is launching a loft insulation service next month that could pave the way for the retailer to enter other areas of the home improvements business, the Sunday Express reported. According to the paper, Tesco would undercut competitors by...
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Price Survey - 03 May 2008
Asda snatched the cheapest retailer title back from Morrisons as the price gap between them and the other retailers widened this week. Asda climbed to top spot with a £46.73 basket, £3.78 cheaper than the third most expensive retailer, Tesco,...
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What happened to "every little helps"?
Sir; Hats off to Tesco, as it turns in yet another stellar profit report. But at what cost to the primary production base of UK farming? Working with the dedicated band of pig producers in the UK, one wonders where the evidence of true corporate...
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Tesco is concentrating doubly hard on squash
Tesco is launching what it claims is the first double concentrate squash in an environmental move it hopes will also tap into new growth in the cordials category.Fruit squashes slumped by almost 4% last year, according to TNS, following...
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Letter of the week - Clock ticking on pig industry collapse
You reported in The Grocer's Meat and Fish supplement (19 April, p22) that neither Tesco, Asda nor Sainsbury's responded to your question as to whether the potential collapse of the UK pig industry was of any consequence to their business. As a...
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Tesco's 'troubles' are simply blips
While Tesco's current performance is undoubtedly strong, there have been dips in the past 18 months, so what's in store for the future?Tesco's figures last week were exemplary and blocked many analysts' jabs. UK trading is showing...
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Calon Wen bags on TV
Calon Wen is launching a Wales-wide TV advertising campaign to promote the benefits of its bagged milk.The Welsh organic milk co-op introduced local milk packed in an eco-bag in 43 Tesco stores in the principality this week. To back the...
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Langholm eyes serious sales growth at Tyrrells
Tyrrells is to ramp up its distribution through the multiples -and may even seek listings in Tesco - in an attempt to double sales in the next few years.In an exclusive interview with The Grocer, new owner private equity firm Langholm...
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Soup in a Bun breaks into Tesco in big way
Breaking Into Tesco winner Nick Smallwood has sold up to £100,000 of his Soup in a Bun line within a week of the amateur's product hitting shelves.The £2.99 product - a bun that is heated up, scooped out and filled with soup - is on at...
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Tesco opts for organic growth instead of c-store acquisitions
Tesco will not be undertaking a fresh wave of acquisitions in the convenience sector despite receiving the green light from the Competition Commission.Speaking this week after the multiple announced an 11.8% increase in pre-tax profit to...
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Tesco to offer degree course
Tesco is set to launch a degree in store management as part of its training package for staff.The retailer is set to launch the Tesco Foundation Degree (Arts) this month. It is hoping that the two year course will be...
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Tesco's new Irish eco store gets go-ahead
Tesco plans to open its first Irish eco-store in October as part of a €30m investment to reduce the environmental impact of its operations in the Irish Republic. The 30,000 sq ft store, located on the edge of town in Tramore, County...
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Opinion - "Even the waiters of Barcelona are talking about the failure of Fresh & Easy. News travels far and fast when you're Tesco"
Fresh & Easy, Tesco's US venture, is barely five months old and already it's been written off. Of course, schadenfreude is the favourite sport of journalists and they're all too willing to go along with the whispering campaigns and hysteria a...
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City expects 12% Tesco profit hike
Tesco is expected to announce an increase in profit of as much as 12% when it releases its annual results next week.Despite speculation that its US venture is struggling (see right), increasing competition from rivals and constraints on...
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Price Survey - 12th April 2008
Sainsbury's has stormed up the chart to become cheapest retailer for the first time in 11 months. The retailer's triumph comes after a turbulent six weeks in which Asda, Tesco and Morrisons have each scooped the title two times. But recent basket...
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Sainsbury's: on the road to restoring greatness?
As straplines go it was as much an admission of past failing as a bold statement of intent. The 'Making Sainsbury's Great Again' plan vowed to address the issues that saw Sainsbury's outmanoeuvred by first Tesco and then Asda as the former...
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What the papers said - 5th April 2008
Tesco has put the rollout of its US c-store chain Fresh & Easy Neighborhood Market on hold while it reviews its performance. The Telegraph said Tesco was understood to have called a three-month halt to the expansion after opening almost 60...
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Price Survey - 5th April 2008
It's tight at the top again but Asda has reclaimed the cheapest retailer title after a series of price hikes forced Tesco back to third place. Asda leapt from fourth place to first with a £48.88 basket, despite only cutting the price of one product...
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Tesco sets the pace with hike of 0.5ppl
Tesco has increased the price it pays to its dedicated milk suppliers by 0.5ppl in a move that will put pressure on rivals to follow suit.The chain is now paying 28ppl, 6ppl more than a year ago when it launched its direct sourcing...
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Tesco to roll out local supply of strawberries
Tesco is extending its scheme to supply locally produced strawberries to stores across England.Last year Tesco carried out a trial in Kent in which strawberries produced in the county were stocked in its Kentish stores.The scheme...