Tesco news and analysis – Page 253
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Tesco could sell land bank
The Competition Commission's inquiry into the grocery industry could force Tesco to sell its land bank. At least two of the six members on the inquiry's panel are arguing Tesco's property portfolio is preventing rivals from entering local...
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Top-Up shop
Who we visited. Spar Crawley, West Sussex. Londis Cheadle, Stockport. Shell Buckland, Surrey Sainsbury's forecourt West Green, Crawley Tesco Express, Red Kiln Way, Horsham. How they...
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Top-Up shop
Who we visited. Jones Trowbridge, Wiltshire. Londis Surbiton, Surrey. Budgens Melbourne, Derbyshire. Co-operative Group Bexhill, East Sussex. tesco express, East Hunsbury, Northamptonshire. How they...
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In Brief: Property venture; Strike is called off; Asda sues Leighton
Property venture Tesco has entered into a property joint venture with British Airways Pension Fund to release £445m from its UK property portfolio. The deal includes 16 Tesco stores. Strike is called...
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Sir Terry Leahy's agenda
?Health and the environment will continue to be at the top of our agenda because they are both becoming increasingly important to our customers. On health we start the new year with our GDA nutritional labelling on more products and very soon we...
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looking ahead
Health will be driving force By providing good produce and clear information, stores can tap into the rising interest in healthy lifestyles and encourage sales of fresh, local and organic foodFor Tesco, a lot of 2008 will...
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Tesco recalls indoor Christmas lights
Tesco has recalled five batches of indoor Christmas lights due to a manufacturing fault which may cause an electric shock. The recall only affects products that have been on sale since October 2006. They were all sold in red packaging and all...
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Top-Up shop
Who we visited. Cost Cutter Eden Street, Kingston-upon-Thames. Budgens Queen Charlotte Street, Bristol. Mace Monkstown Road, Newtownabbey, Belfast. Co-op Group High Road, South Benfleet, Essex. Tesco express,...
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'Tesco was very naughty. So it needed a smack'
Who's afraid of the big bad Tesco? Not Will Chase, owner of snack foods company Tyrrells Potato Chips. He became the little pig who took on Tesco's wolf when he threatened the retailer with legal action for stocking his crisps without...
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There's no sinking feeling at Tesco as it turns to Twinklers to scrub up white
Tesco town, tunnels and Twinklers flashing toothbrushes - just some of the issues addressed by Tesco in its latest submissions to the Competition Commission groceries market inquiry. In a bid to tell its side of the story, the supermarket...
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The player outclassing everyone
When Tesco broke through the £2bn pre-tax profit barrier and achieved a 30% share of grocery for the first time in 2005, some analysts started pondering how long the good times could last. But more stunning results in 2006 have shown...
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Ciserani Gambles and wins
Justin King came close. Stuart Rose was in the frame. As usual Sir Terry Leahy was a strong contender. But this year, for the first time in ages, you chose a supplier as your man of the year. Gianni Ciserani, the effusive Italian MD of…
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Bogof's week
Everton and Tesco are teaming up, it seems, to build a new stadium. As with all things Tesco, there's a great business rationale behind the move. Now, after you've done your shopping, you'll be able to nip upstairs to watch Johnson, Arteta et...
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Neville-Rolfe joins board
Lucy Neville-Rolfe has been appointed to the board of Tesco as executive director for corporate and legal affairs. Neville-Rolfe was appointed company secretary to Tesco's board of directors in March 2004 in addition to her role as group...
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In Brief: Cheer in moderation; Asahi under licence; Beer sponsors Wags
Cheer in moderation Tesco is running in-store responsible drinking activity in association with Diageo GB in the run-up to Christmas. Hints and tips will be shown via Tesco TV and on shelf talkers. Asahi under...
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Review of the year 2006
It was the year green went mainstream, junk food ads got a mauling, Kwik Save lurched from crisis to crisis - and Tesco grew even bigger. We kicked 2006 off by identifying sustainability as one of the big issues for the year - and, boy, were we...
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Products recalled due to glass contamination
Tesco and Sainsbury's have both recalled products because they could contain small pieces of glass.Tesco has withdrawn its own-label hot salsa dip due to possible glass contamination. The affected product is Tesco Hot Salsa Dip, 300g, batch...
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Top-Up shop
Who we visited. Spar, Chesham, Buckinghamshire. Texaco, Nottingham Road, Ashby de la Zouche. Sainsbury's Local, Bridge Way, Cobham, Surrey. Co-op Group, Kingfisher Drive, Westbury, Wiltshire. Tesco Express, Warwick...
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Letter of the week
Liz Hamson's article on retail planning applications 'The People's Planopoly' (2 December, p28) was misleading and unduly negative about Tesco's involvement in the planning process. Instead of speaking to Tesco directly, the article quoted a...
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Tesco reveals scale of its international goals
In the week it reported international sales of 17.9% in its third quarter, Tesco announced its biggest store opening programme overseas, with plans for a possible 600 new stores. Tim Mason, Tesco US chief exec, presided over the opening...