Tesco news and analysis – Page 298
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One thing was certain after Messrs Leahy, DeNunzio, Morrison
All this spelt good news for consumers, we were told especially those cruelly denied the opportunity to sample Asda's prices or Morrisons' "unique offer" through an accident of geography. For all the emphasis on price, however, supermarket...
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Big four grocers have lots to offer
Leaders from the UK’s big four supermarkets embroiled in the bid for rival chain Safeway have publicly pledged to lower prices, create jobs, enhance competition and increase consumer choice.Tesco boss Sir Terry Leahy told the Competition...
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Snacks hit the spot
In the retailer chart Morrisons continues at the top, most noticeably strong on soft drink promotions with a number of buy one get one free offers. Tesco, Sainsbury and Safeway all move up by one place to positions two, three and four...
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Snacks hit the spot
In the retailer chart Morrisons continues at the top, most noticeably strong on soft drink promotions with a number of buy one get one free offers. Tesco, Sainsbury and Safeway all move up by one place to positions two, three and four...
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The main supermarket retailers have failed to improve their
While Ocado continues to outperform the rest of the market and Waitrose offered a very good service, Sainsbury, Asda and Iceland have yet again proved to be unable to deliver a half-decent experience, while Tesco has niggles. Difficulties in...
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Tesco hits out at Irish protectionism'
Tesco Ireland chief executive Gordon Fryett has accused independents' lobby group RGDATA of attempting to block his company's expansion through planning objections. "I always find it a bit strange," said Fryett, "when RGDATA objects to us...
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Tesco widens gap with JS
Tesco, which reported a strong financial performance last week, continues to see a rise in year-on-year market share according to our TradeTrak data from ACNielsen.The retailer, which announced annual pre-tax profits up 13% to £1.36bn and UK...
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Tesco widens gap with JS
Tesco, which reported a strong financial performance last week, continues to see a rise in year-on-year market share according to our TradeTrak data from ACNielsen. The retailer, which announced annual pre-tax profits up 13% to £1.36bn and UK...
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Cherokee gets trucking
Siân Harrington Tesco is rolling out truck-side advertising across the country with a campaign that promotes its Cherokee clothing range. The move is part of a media strategy in which Tesco will test different initiatives using its brand...
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Tesco's wine testbed at Calais refurbished
Tesco will complete a refurbishment of its 20,000 sq ft Calais Vin Plus drinks superstore this month to mark the store's eighth anniversary. The store, which sells more beers, wines and spirits than any other Tesco in the world, has been...
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Sir Terry Leahy might have stolen Malcolm Hepworth's thunder
While Tesco bosses faced a barrage of negative publicity about the devastation a pumped up Tesco Express could wreak on the independent sector, the man at the helm of the Co-operative Group's food retail business has been left to get on with...
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Pork pushes at public's door
Ed Bedington Meat chiefs have teamed up with retailers to target one million households in a bid to boost sales of British pork. The Meat and Livestock Commission, along with Tesco, Sainsbury and, on a small scale, Morrisons, will be...
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Better availability key driver of Tesco record
John Wood Improved availability was one of the key drivers pushing Tesco's UK profits and sales to record levels, according to chief executive Sir Terry Leahy. Speaking at the publication of Tesco's annual results, Sir Terry said the...
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Tesco Hungary for more sales
Tesco’s Hungarian arm posted a 26% jump in 2002 sales and said it was planning further expansion in the region this year. For the year to December 31 Tesco Global Aruhazak net sales rose to 237bn forints from 188bn forints in...
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Budget news...preview
Tesco boss Sir Terry Leahy has urged Chancellor Gordon Brown to lay off business in today’s Budget.Sir Terry told The Sun that the latest National Insurance tax rise will cost Tesco an extra £15m this year.Leahy said: “Apart from...
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Tesco rolls out EAS
Tesco plans to roll out Electronic Article Surveillance systems across its portfolio apart from Express stores by Autumn. It has already has the security system in 300 stores, said a spokesman, and has "every confidence in it". But some...
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Finance at Asda prices
Anne Bruce Asda claimed it was undercutting rivals, including Tesco, with its first move into financial services with "Asda price" insurance products underwritten by Norwich Union. Asda director of financial services, David Rutley, said...
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Aconfused public is the last thing any government wants when
The DoH is proud of its 5-a-day campaign which is designed to encourage consumers to eat five 80g portions of fresh fruit and veg a day. However, Tesco, Sainsbury and Somerfield have all declined to use the government logo. Each is, instead,...
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Three go in Tesco's distribution shake-up
Rod Addy A radical shake-up in Tesco's supply chain operations has seen the departure of three key personnel. The merger of two supply chain divisions follows rumours that Tesco has been suffering distribution problems. Resignations came...
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Multiples defend DoH rebuff
Ed Bedington Tesco and Sainsbury are defending their refusal to sign up to the government's 5-a-day campaign. Neither retailer has agreed to adopt the Department of Health logo, but each insists it fully supports the aims of the government...