Tesco news and analysis – Page 235
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News
QSM label moved to front of Tesco pork
Tesco has moved the British Quality Standard Mark on to the front of pork packs to underline its support for struggling British pig producers. The supermarket previously included the marque on the backs and sides of packs, but has now printed some...
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NewsGrocer 33: Asda remains cheapest for a third week
Asda has retained the cheapest retailer title for a third week running, seeing off a resurgent Tesco with a relatively comfortable £1.95 lead
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Suppliers shocked as own-label blitz launched on brands
Branded suppliers were left reeling this week as Tesco and Sainsbury’s both launched concerted campaigns promoting their own-label ranges at the expense of brands. Sainsbury’s announced a massive Switch & Save campaign, across all media, that will...
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NewsGrocer 33: Price Survey - week of 30 August 2008
Asda saw off a strong challenge from Morrisons to retain the title of cheapest retailer for a second week, after it seized the crown from Tesco last week. Just 95p separated Asda from nearest rival Morrisons, despite Asda being cheapest on more...
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Questions raised over how local Tesco’s produce really is
Environmental groups and independent retailers have poured scorn over Tesco’s local food claims. This week, Tesco reported a 40% year-on-year increase in sales of locally sourced food, and claimed to be on track to generate £500m in sales of local...
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Tesco secures local sweetcorn supply
Barfoots of Botley has struck a deal with Tesco to supply locally grown sweetcorn to stores in southern England. Local sweetcorn went into Hampshire and Sussex Tesco stores last weekend, while Isle of Wight sweetcorn was launched into the...
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News
Making the most of the multiples
How much of the market do the multiples command? According to Mintel they now account for more than 50% of sales, while TNS says they have a 61% share by value, headed by Tesco then Asda, Sainsbury’s, Morrisons, the hard discounters and...
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Aldi celebrates 19.8% growth by joining BRC
Aldi has joined the British Retail Consortium, as new figures confirm the growing success of discounters. The German discounter joined the likes of Tesco, Asda and Sainsbury’s while celebrating 19.8% sales growth in the past year, and a record 3%...
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NewsGrocer 33: Price Survey - week of 23 August 2008
After being kept from the top spot for the past two weeks by Tesco, Asda struck back and regained its status as the cheapest retailer following several significant price cuts. Beating its nearest rival by £2.01, and third-placed Morrisons by £2.37,...
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News
Saturday essay: This milk price war is bad for shoppers and farmers
Tesco claims it is taking the profit hit on its new ‘discount’ milk. If that’s so, it won’t last for long – spelling trouble for dairy farmers. The launch of Robert Wiseman’s Fresh’n’Lo in all Tesco stores last week spurred great media interest and...
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Saturday Essay: How Tesco is addressing the issue of food waste
Supermarkets came under fire this week for not doing enough to cut down on waste. Nothing could be further from the truth
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News
Price Survey: Week of 16 August 2008
Competition for the title of cheapest retailer was as fierce as ever this week, but Tesco kept Morrisons at bay again to claim top spot for a second week running. The race could not have been much closer as Tesco beat its nearest rival to the post...
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News
A £5 family meal is no big deal, claims Tesco
Tesco sought this week to undermine Sainsbury’s ‘Feed your family for a fiver’ meal deal claiming it could feed a family of four for less than a fiver a day – covering all three meals. In a bid to underscore its low-price credentials, Tesco said...
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News
Tesco wholesale ruled out for British market
Tesco wholesale ruled out for British market: Tesco has ruled out a move into UK wholesale after it announced the launch of a C&C business in India, marking the next phase of its international expansion. International director Philip Clarke, who will oversee the new Indian operation, said there...
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Tesco’s low-cost milk sparks price war fears
Tesco has risked the wrath of dairy farmers by launching a new range of low-priced semi-skimmed milk. Fresh’n’Lo, which was the UK’s first branded semi-skimmed milk and has been a fixture in Scottish supermarkets for 30 years, was rolled out into...
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Saturday essay: Tesco has chosen perfect time to get into banking
British banks have lost the public’s respect over the past year. Could Tesco give the sector the shake-up it so desperately needs? Bankers are disgusting. Actually, no, they are nice people who have recently behaved in disgusting ways. But their...
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News
Tesco spices up herb range
Tesco is launching a new own-label range of herb and spice blends to tap into growing consumer enthusiasm for cooking at home. The six-strong range, which includes flavours such as Aromatic Coriander and Delicate Basil, is supplied by Kent-based...
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News
Lidl and Tesco hiss and spit over ‘Trash Savers’
Tesco’s low-price offensive against discounters in the Irish Republic has turned nasty, with it and Lidl trading blows in public over product quality. Cash Savers, Tesco’s new amber and black, low price proposition, was launched with a media...
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Price Survey
The battle for the title of cheapest retailer was frighteningly close this week, with just 84p separating the first and the fourth-place retailer, but after two weeks as the cheapest, Asda has been knocked off the top spot by Tesco. Asda was...