Tesco news and analysis – Page 242

  • News

    Forget Leahy jibe - we will make it says Ocado's boss

    2007-10-08T00:00:00Z

    Ocado chief executive Tim Steiner has hit back at Tesco boss Sir Terry Leahy following his jibe about the viability of the loss-making online grocer. Sir Terry, announcing Tesco's interim results on Tuesday, said the Ocado model, where...

  • News

    Trust Tesco. The future is bright

    2007-10-08T00:00:00Z

    Slowdown in sales? Tough times ahead? Not according to Tesco, which has given analysts confidence in a brighter outlook When Tesco talks, the stock market tends to listen and the unerringly bullish tone taken by the industry bellwether at...

  • News

    Opinion - "Within five years, I predict we'll see countlines containing grains, seeds and vitamin supplements"

    2007-10-08T00:00:00Z

    Allow me, just this once, an indulgence. Tesco's results, Cadbury job losses, Nisa-Today's conference, food price inflation, VAT on wheatgrass, Ocado's business model, all are potential subjects for this column. I am instead going to talk about...

  • News

    Tesco to give kids a lesson

    2007-10-08T00:00:00Z

    Tesco and its fruit supplier Norman Collett are sponsoring Kent school kids to learn about apples. They have shown 56 children from Goudhurst and Kildown Primary School around an orchard and will take them to the National Fruit Show on...

  • News

    Majority of Tesco space is now overseas

    2007-10-08T00:00:00Z

    The ratio of Tesco's selling space in the UK to that abroad has shifted further in favour of the retailer's international operations. International now accounts for 60% of the company's total selling space - up from 57% this time last...

  • News

    Tesco sales growth slows

    2007-10-02T08:26:00Z

    Tesco has reported a 3.5% increase in half-year like-for-like sales excluding petrol.Like-for-like sales for the second quarter rose 2.4%, down from 4.7% in the first quarter, the retail giant said, although the growth rate in August picked...

  • News

    Price Survey - 29th September 2007

    2007-10-01T00:00:00Z

    Morrisons has once again disrupted Asda's plans of achieving a consistent run as cheapest retailer by providing this week's cheapest basket, but it was a close-fought contest with price-slashing Tesco. Morrisons' £40.29 basket contained the cheapest...

  • News

    Whopping 60% share makes Perth the latest Tesco Town

    2007-10-01T00:00:00Z

    If you live in Perth and don't much like Tesco you may want to consider moving somewhere else. The Scottish town has been officially crowned the new 'Tesco Town' - the place where the retail giant commands the highest share of the grocery market...

  • News

    We can't wait and be told what to do - we must lead

    2007-10-01T00:00:00Z

    Tesco's chief executive explains why the chain is spending millions on setting up the Sustainable Consumption Institute In devoting £25m to setting up a Sustainable Consumption Institute, we are not only looking to make a powerful statement of...

  • News

    Carbon emissions: suppliers come under pressure

    2007-10-01T00:00:00Z

    When Christian Aid took a pop at Tesco earlier this month for failing to take into account carbon emissions incurred by its suppliers, it highlighted a very real dilemma for retailers.

  • News

    Outclassing its nearest rivals - Q&A and Availability

    2007-09-24T00:00:00Z

    Stuart Edginton, store manager of Tesco's Winchester branch, Hampshire, may have only been in charge for four weeks, but he's started his new appointment in style by scooping this week's Top Store award. Our shopper was impressed with the high level...

  • News

    Tesco blasts price site for traffic light labels

    2007-09-24T00:00:00Z

    Tesco has slammed Mysupermarket.com for using traffic-light labelling to flag up the health credentials of grocery products - when it supports the rival Guideline Daily Amounts. The price comparison website has introduced a new feature...

  • News

    Pressure groups turn screw on Fresh & Easy

    2007-09-24T00:00:00Z


    Tesco has refused to sign an agreement forcing it to stick to its corporate social responsibility pledges in the US, telling pressure groups it will be judged instead by its actions instead.

    Tesco, whose Fresh & Easy business goes…

  • News

    McNamara takes on Tesco operations

    2007-09-24T00:00:00Z

    Tesco has promoted its IT director for the UK Mike McNamara to the role of operations director. McNamara will be responsible for creating better links between store, depot and back office operations. He takes over from John Browett, who...

  • News

    Paul Carey

    2007-09-15T00:00:00Z

    When most retailers open a new store, they're not too bothered if the local competition suffers. For Local4U, the offshoot of Parfetts Cash & Carry, however, while Tesco and Sainsbury's are fair game, independents have to be given a wide berth....

  • News

    Sainsbury's rethinks plan for Croydon

    2007-09-15T00:00:00Z

    Sainsbury's has scaled down a development in Croydon in a bid to get permission for a new store in the same area Tesco is hoping to build what could be the UK's biggest supermarket. New plans for the Sainsbury's on Brighton Road,...

  • News

    Supplier warns of potato shortages

    2007-09-15T00:00:00Z

    The Real Potato Co is warning that supplies of its Piccolo and Bellini potatoes are shorter than forecast because of the wet summer. The farmer-owned brand, which is part of Tesco potato supplier Branston, will start to run short of...

  • News

    What the papers said - 1st September 2007

    2007-09-03T00:00:00Z

    Tesco is adding thousands of new products to its Tesco Direct website. According to the Mail on Sunday, the retailer is increasing pressure on rivals such as Argos by launching a new 1,000-page catalogue next month. Products will include...

  • News

    Tesco's 16% fall is not justified

    2007-09-03T00:00:00Z

    The stock market is now valuing Tesco as an average company. It is anything but. So why has its share price fallen 16% in recent months?In these troubled times for the stock market it's surprising that the industry bellwether, Tesco, has...

  • News

    Tesco's 2020 vision

    2007-09-03T00:00:00Z

    Will consumers trust big business? Will the world economy go bust? Will multi-storey car parks be turned into allotments? There's no need to spell out how invaluable being able to accurately forecast how the world will look in 15 years...