Tesco news and analysis – Page 310
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ACS fearful over Tesco acquisition
The Association of Convenience Stores chief executive David Rae has warned that the OFT’s sanctioning of Tesco’s acquisition of T&S stores would have a damaging impact on the convenience store sector.“This acquisition will mean Tesco will...
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OFT clears Tesco bid for T&S Stores
Tesco’s £377m takeover bid for the convenience store outlets such as Day & Nite and One Stop operated by T&S Stores has been given the green light by the Office of Fair Trading.Trade secretary Patricia Hewitt announced that the OFT would not...
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Budgens calls for fresh look into top-up shopping
Musgrave executive chairman Eoin McGettigan told GrocerToday that although the horse had already bolted in relation to Tesco and T&S, the onus was now on the OFT to instigate a market investigation into the top-up shopping market in the UK. ...
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Asda rolls back the basket price yet again
Asda took our Grocer 33 shopping basket to a new low again this week, when its Spondon store checked out the full list for £35.69. The store's new record, beat the all-time low of £35.90 which Asda in Havant produced last month. Tesco took...
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This is not fair competition refer it!
from Leo Gillen, MD, Nisa Gillens Supermarkets, Hartlepool Sir; I was concerned by Lucy Neville-Rolfe's bizarre Saturday Essay (December 7). Was it tongue-in-cheek or a serious attempt to defend Tesco's move into the convenience sector ? A...
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OFT advises DTI on Tesco bid for T&S
The Office of Fair Trading has passed on its advice, regarding the acquisition of T&S stores by Tesco, to the Department of Trade and Industry.Secretary of state at the DTI Patricia Hewitt will now make a decision about the deal by December...
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Graves moves to exploit Tesco breathing space
Anne Bruce Costcutter plans to rebadge its estate in the "18 months' breathing space" before Tesco's Express format takes off, said chairman and chief executive Colin Graves. Speaking at Costcutter's annual supplier conference, he said the...
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Graves moves to exploit Tesco breathing space
Costcutter plans to rebadge its estate in the “18 months’ breathing space” before Tesco’s Express format takes off, said chairman and chief executive Colin Graves.Speaking at Costcutter’s annual supplier conference, he said the symbol chain...
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Spain to build on Tesco alliance
Ed Bedington Top Spanish officials have met Tesco bosses to thrash out plans to repeat and expand an innovative marketing deal. The success of the retailer's first-ever generic marketing campaign for the country's fresh produce this year led...
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Hunt calls for OFT referral of T&S buy
Federation of Wholesale Distributors chairman Rodney Hunt has called on the Office of Fair Trading to refer Tesco's bid for T&S Stores to the Competition Commission. Speaking at the FWD annual dinner, Hunt said Tesco's turnover in grocery was...
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Customer: a person who buys. That is a dictionary definition
This is why Tesco works so hard to understand customers better than anyone else. We get to know their likes and dislikes and study what they buy and how they shop. Then, armed with this intelligence, we adapt. The offer we have made for T&S stores...
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A recent survey has just pronounced my local town, Tetbury,
Supermarket proliferation is unbounded, tethered only by conscientious objectors. Once majestic on their awesome out of town sites, they have marched relentlessly deeper and deeper into our cities, towns, villages and now, with Tesco's recent...
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Tesco is our EU trump card
Clive Beddall, Budapest Hungary's food and drink providers believe their "homeland Tesco experience" will prove a trump card when their country becomes a full EU member in 2004 and they chase more UK business. Exhibiting at the country's...
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A cut-throat christmas but merry?
Tesco's third-quarter trading statement this week has underlined one of the few certainties in the UK's increasingly volatile grocery market, namely that the operators focused on efficiency and low prices are the ones who are the most successful. ...
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Tesco has everything going for it
from John Gallanders, Hermitage Consultancy Services Sir; There appear to be certain sectors of the trade that are giving a negative view of the impending takeover of T&S by Tesco. Any business that expands will always have a major impact...
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Stella's flying start to yuletide
The fascia chart remains stable this week in terms of positioning, with Morrisons, Safeway and Tesco making up the top three. Morrisons has pulled further ahead with a wide range of beers and lager on price promotion on floor stacks....
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Shopping visits grow shorter
It is no surprise that Tesco and the other big supermarket retailers are keen to increase their presence in the convenience market when you analyse recent trends in shopping visits.Our survey, compiled exclusively for The Grocer from research we...
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Stores unite over T&S takeover
John Wood Pressure is being piled on the Office of Fair Trading to refer Tesco's takeover offer for T&S Stores to the Competition Commission. This week two more major players in the c-store sector made representations to the OFT and the...
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Multiples to monitor taint
Tesco, Sainsbury and Waitrose are planning to take part in an ambitious project to trial a new cork designed to limit wine taint. Sabaté, the French cork manufacturer, has produced 100,000 corks which are guaranteed to have half the amount of...
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Alfred Jones' faith in its locations is so strong that it..
Warrington-based Spar chain Alfred Jones sent Tesco its congratulations for swallowing up local rival T&S, because, far from being intimidated by the prospect of the Tesco Express convenience format on his doorstep, MD Tom Calderbank is confident...