Tesco news and analysis – Page 236
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Tesco ambitious to become full-scale banking operation
Tesco has set out plans to launch a full retail bank, offering current accounts and bank branches in store. Tesco has paid £950m to buy the Royal Bank of Scotland’s 50% stake in Tesco Personal Finance on Monday. It will allow Tesco to widen its...
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Tesco meets discounter threat with new range
Tesco has launched a major assault on discounters in the Republic of Ireland with the introduction of a bold amber and black Cash Savers fixture, and is set to launch a similar scheme this October in the UK. The range includes 1,000 “everyday” items...
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Tesco targets ex-military as new recruits
Tesco has launched a scheme to recruit ex-military personnel and help them adjust to life on Civvy Street. So far, more than 30 ex-Army, Royal Navy and RAF personnel of all ranks have joined Tesco in a variety of roles under the scheme, which was...
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Asda could be used as a pawn to get back at Tesco for daring to pitch up in Wal-Mart’s backyard
This week (20th July 2008) saw the first signs that crude oil and commodity prices – the conditions responsible for the rampant food price inflation we have – are abating. And not before time. As a number of expert commentators have observed, the balance between...
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Tesco chooses straw to fuel biomass plant
Tesco has found an unlikely eco-friendly source of energy to power its Goole distribution centre – straw. The retailer has been given the go-ahead to build Britain’s first straw-fuelled biomass power plant to meet the centre’s energy needs. The...
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Tesco gets on the board
After six weeks out in the cold, Tesco has finally pulled a winning performance out of the hat. The staff at the recently redesigned Falkirk store in Scotland really know how to impress
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Trouble brews as Tesco tea giveaway draws industry ire
The tea industry has slammed Tesco’s decision to give away packs of Tetley tea as a “marketing stunt”. Tesco described the promotion at 252 of its stores this week as a bid to boost tea sales, which lag behind those of coffee. According to Nielsen...
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Supermarkets plunge down Superbrands list
The UK’s leading supermarkets are plummeting in shopper estimations as media criticism intensifies and consumer concern over their ethical and environmental stances mounts. Tesco has slumped more than 200 places in the latest Superbrands list of the...
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Tesco Mobile finds new brand image
Tesco has revamped its mobile phone business and is rolling out a marketing drive to draw in customers. The company has overhauled its tariffs and developed a new brand image to stand out from rival operators, with a cyan blue colour scheme...
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Tesco signs up Lebara Mobile for cheap calls
Tesco has struck a distribution deal with mobile network Lebara Mobile to offer cheap international calls. Lebara Mobile's airtime is now available in 1,900 Tesco stores while Lebara SIM cards will be available at 90 stores from this month. ...
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Spain's picota cherries arrive
The first of this year's Spanish picota cherry crop has arrived in UK supermarkets and will soon be backed by in-store marketing campaigns. The cherries, the only variety to be sold without stalks, will be sold in Asda, Tesco and...
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Supplier in legal battle to stop Tesco using face on egg boxes
An Essex free-range egg farmer has won the battle to stop Tesco using his family business photographs on its packaging.The contract for Ian Chisholm of Norton Mandeville, Essex, to supply Tesco with free-range eggs ended last month, yet...
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Chef to target retailers over 'five freedoms'
Asda, Sainsbury's and Morrisons could be next on Hugh Fearnley-Whittingstall's hit list following his failed attempt to get Tesco to change its welfare standards for broiler standards.At last week's agm, Tesco shareholders...
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Employers watch out: Tesco has got the unions excited
Tesco's conflict with UFCW in the US is creeping across the Atlantic and the UK unions are rumblingTesco chief executive Sir Terry Leahy is used to formidable opponents but US democratic presidential nominee Barack Obama must surely be...
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Q&A with Paul Reeley Store manager of the week
Who are your biggest competitors? Our main one is Tesco which is currently undergoing an extension. There's also an Aldi in Sudbury but our customers are extremely loyal to the Waitrose brand. Would you like to change anything...
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Top-Up shop
Who we visited Premier Stowmarket, SuffolkCo-op Group Woodhatch, SurreyMcColl's Rotherhamsomerfield Springburn Centre, Glasgowtesco express Chelmsford, EssexHow they...
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taking on tesco
Paul Foley is perhaps the only man in retail who believes he can take on Tesco. And he may also be the only man in the country who is seeing the credit crunch in a positive light. As exclusively revealed in The Grocer last week, the man...
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Tesco stops trade with Zimbabwe
Tesco is to stop sourcing products from Zimbabwe "until there is an end to the current political crisis".The supermarket chain buys around £1m worth of goods, including vegetables, from the country and would now look at other ways to support...
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Tesco admits planning bid in guise of independent store
Tesco has made it clear it does not own any other independent retailers after admitting it was the owner of the apparently 'independent' Brian Ford's Discount Store in Barnstaple, Devon.The multiple was forced to reveal it owned the...
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Tesco doubles size of exotic offering
Tesco has announced this week that it will be doubling its range of world food produce to 50 items. TV chefs and exotic holidays had been key drivers of demand, said Tesco, adding that it planned to use 'box talkers' to provide...