Tesco news and analysis – Page 317
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Good things stack up for alcoholic drinks as categories rema
Morrisons continues to lead the field in the fascia chart this week standing 15 percentage points ahead of Asda at number two. Safeway and Somerfield have each remained in the same positions as last week while Tesco moves up to number four, and...
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New Wal-Martian invasion?
Second only to the size of Sir Terry Leahy's pay packet, Wal-Mart's UK ambitions rate highly in the media's interest in UK Grocery plc. And this week, after a couple of barren years, the fertile shoots of a new crop of rumours surfaced to the...
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Local sourcing is still preferred option
Forget the hype about global sourcing: food is still very much a local sourcing issue, according to supermarket executives speaking at the IGD global retail conference. Tesco's Paul House, commercial director of its Hungarian operation, said local...
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Tesco forges ahead in bid to attract more local sourcing
Elaine Watson Tesco has hosted its second major meet the buyer event in Thailand in a bid to boost its local sourcing credentials. More than 2,000 new suppliers attended Tesco's Vendor Open Day at the Bangkok International Trade and Exhibition...
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Tesco gets on Cherokee trail for clothes
Tesco has upped the ante in the supermarket clothing stakes with the launch of a major new clothing range from across the Atlantic. A "substantial" number of lines from US casual clothing giant Cherokee will be introduced to at least 300 stores in...
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Tesco finally gets OK to go hyper
Tesco has won a five-year battle to obtain planning permission for the largest hypermarket in the Irish Republic. The retailer acquired a 12 acre site on Dublin's northside in 1996 with the intention of building a superstore, but then environment...
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Alcoholic drinks get high on floor stacks and household clea
Morrisons remains at the top of the fascia chart although Asda continues to close the gap, standing just two percentage points behind at number two. Tesco and Somerfield retain their positions from last week, while Safeway moves up the chart to...
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Clubcard takes to the internet as Tesco.com strives for perf
Anne Bruce Tesco.com customers will soon be able to spend Clubcard vouchers online in a new focus on quality, according to CEO John Browett. Trials of a modified web site are already under way in house, allowing staff to redeem Clubcard loyalty...
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D emand for energy and sports drinks shows so sign of waning
But retailers still remain unprepared. Space hasn't been made available and lucrative sales have been lost. A Zenith survey in September 2001 found 62% of Tesco, 31% of Safeway, 18% of Sainsbury and 12% of Asda stores had shortages of brand leader...
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Scottish RDC is designed to spur Safeway to no 1
Anne Bruce Safeway plans to open a new regional distribution centre in its traditional Scottish stronghold as it vies with Tesco and Asda to be the region's number one food retailer. Safeway logistics director Lawrence Christensen said that...
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There's bunching in the field after Morrisons and drinks spr
Morrisons sits at the top of the fascia chart but again it's lead has been reduced as Asda moves up into second position followed by Sainsbury which comes in at number three. Tesco and Safeway have both moved down the chart, although there are...
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Skincare is at the frontline of the major retailers' battle
Tesco has made skincare a critical part of its non food strategy, says beauty team leader Kerry Robinson. "In the last 12 months we have taken the lead from Boots in toiletries and we're closing the gap in beauty overall," says Robinson. TNS figures...
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Grape juice brand finds a UK launchpad at Tesco and JS
Leading US soft drink brand Welch's is aiming to squeeze itself a share of the UK market with its first launches on this side of the Atlantic. The $650m grape juice brand, which dates back to 1869 in the States, is rolling its first products out to...
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Today's Group md Rodney Hunt has taken over from Steve Parfe
Tesco says its sales of widescreen TVs are up 220% since Easter as shoppers prepare for a summer of sport. The supermarket is budgeting for a 500% year-on-year rise in widescreen TV sales in May. Londis has now converted 47 stores to its Genesis...
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Alcoholic drinks brands top the chart and give Morrisons a l
Morrisons again leads the fascia chart with alcoholic drink promotions still highly prominent. Price promotions and bogof offers have been used extensively by Morrisons although its lead in the chart has been cut to under 10%. Tesco's rise up the...
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Tesco Ireland baffled' by union staff loss fear
Tesco Ireland has dismissed claims from shopworkers' union Mandate that retail staff turnover rates are spiralling out of control. Mandate president Owen Nulty told union conference delegates in Tralee, County Kerry, that nine out of every 10...
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Sales at Tesco.com rose 50% to £356m in the year to February
Regulators in Brussels and the Ukraine have given the green light to Scottish & Newcastle's £1.2bn deal to buy Finnish brewer Hartwall. The deal must now be approved by S&N shareholders. Nestlé posted a 10.1% increase in sales for the first quarter...
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Much ado about something
I am probably not alone in thinking it was somewhat tragic that coverage by some parts of the media of Tesco's sparkling results was masked by its latest imbroglio with the Advertising Standards Authority. The story in case you missed it is...
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Sir Terry hails Tesco's arrival as major international group
Tesco bosses said 2001 marked Tesco's coming of age as an international business with overseas stores finally making a substantial contribution to group profits. Speaking at the company's annual results presentation, chief executive Sir Terry...
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Tesco and Asda to follow Sainsbury with trials of radio fre
UK multiples are lining up to test source tagging technologies in collaboration with academic and commercial body the Auto-ID centre. Sainsbury is leading the way by announcing plans to introduce source tagging throughout its supply chain (see p4)....