Tesco news and analysis – Page 321
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The day David grew sore at the Beeb
Poor old David Sawday. Not only was the former Tesco spin doctor pilloried during the first episode of the latest series of Have I Got News For You, but the programme researchers got his name wrong! From now on, if the Beeb is correct, we shall...
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Tesco turns to grey market
Tesco is to use cut-price goods sourced on the grey market for a Christmas assault on the electrical market. Televisions and hi-fis priced at between £100 and £50 cheaper than high street alternatives went into 31 Tesco stores this week. A...
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n The supermarkets' swoop on banking and other financial ser
Almost five years after the launch of branded banks by Tesco, Sainsbury and Safeway, the concept of buying customer-friendly financial services from the big supermarket chains has proved to be a winner. Now, it's the c-store operators who are...
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Tesco gets a new Irish boss as Maurice Pratt goes to Cantrel
Maurice Pratt, the 45-year-old chief executive of Tesco Ireland and one of the country's best known retailers, is leaving the job to become managing director of Cantrell & Cochrane (C&C), the drink and snack foods group which is gearing up for a...
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Tesco calls for simpler planning system
Tesco is calling for planning reform in the wake of announcing plans to open eight new stores across the West Midlands. Targeting brown field sites, UK regeneration manager Martin Venning said the developments would bring around 3,500 jobs to the...
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Multiples claim to be level-pegging
Safeway claimed to have kicked off a new round of petrol price cuts this week, reducing the price of a litre of unleaded by 2p. Customers spending more than £40 at the checkout will also get a further 5p reduction per litre at the pumps. Tesco...
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Morrisons debuts in Wales while stocks run low during major
Two new stores and three refits pepped up our weekly shop. Tesco, Carlton, was being refurbished to make room for food to go, a new fish counter and new freezers. However, stocks were low, especially in the freezers where turkeys and Christmas food...
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As Tesco and Levi battle it out in the European Court of Jus
How big a problem is parallel trade? Phil Evans The amount of grey market trading is small overall, but big in a few areas. It seems like a perversion to allow corporations to use a legitimate tool for identifying goods (a trademark) but then...
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Tesco fights Dunnes plan
Tesco and RGDATA, the Irish independent grocers' organisation, don't usually find themselves agreeing, but both are contesting planning permission granted for a 30,000 sq ft supermarket on Donegal Town's outskirts. Leading Irish developer...
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Sainsbury and Asda angrily hit out at Tesco Best Value' cla
Asda and Sainsbury are both threatening to report Tesco to the Advertising Standards Authority over its claims to be the Best Value Supermarket'. Tesco is standing by claims made in its latest ad campaign that it is on average 8% cheaper than...
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Coin machines give shoppers the charitable option
Supermarket coin exchange service Coinstar has linked up with leading UK charities to give shoppers an option of donating loose change. A Coins that Count' service now allows customers at Asda, Sainsbury and Tesco to pay in money to causes...
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Women's union demands an apology for alarmist survey'
The Women's Food and Farming Union has demanded an apology from Tesco over its shopper survey on farming in Britain in 2001. Chairman Janet Godfrey said some of the questions were ambiguous and could cause concern among shoppers about food safety....
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Tesco closes in on Asda while Walkers gives snacks a leg up
Competition becomes more fierce in the fascia chart this week with only two percentage points separating the top three. Asda and Tesco retain first and second positions respectively with Safeway rising to third place. Heinz slips to fourth...
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Tesco boosts wine online
Tesco is taking on specialist wine retailers with a new online Wine Warehouse offering 800 wines by the case at rock bottom prices. Tesco.com chief executive John Browett said: "Our aim is to be the best wine by case delivery service in the UK."...
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The Tesco interim results presentation ended up being a bit
Terry Leahy bounced into the briefing room, looking extremely chirpy after his early morning spat, sorry interview, with Today on Radio 4. Sadly, very few of my media colleagues bothered to turn up to hear what the chief of the Tesco profit...
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JS pours scorn on Tesco price boast
Clive Beddall Sainsbury has slammed Tesco's research findings which claim it enjoys a price advantage over competitors as "fanciful" In a bluntly worded statement as The Grocer went to Press, the Stamford Street multiple said: "Nobody believes...
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Independents face challenge of standalone Express stores
EXCLUSIVE Julian Hunt Tesco has confirmed every independent retailer's worst nightmare it is planning to start trials of standalone Express c-stores. Thanks to its partnership with Esso, the multiple is on track to have 150 Express forecourt...
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Tesco says its continuous replenishment system is going live
National Lottery Instants is launching a new scratchcard game on October 6 called Instant Monopoly offering players six chances to win on each ticket. London fine foods retailer Fortnum & Mason has posted a 7.1% increase in full year pre-tax profit...
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Global standard would cut costs
Ed Bedington, Geneva A globally accepted food safety system could lead to lower costs for retailers and suppliers, the Global Food Safety Initiative conference heard in Switzerland on Wednesday. John Longworth, Tesco's trading law and technical...
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the customer
is king n It ain't easy being this good, so the saying goes. Behind Tesco's apparently effortless supremacy lies hard work and a relentless drive to understand shifting consumer demands, a perspective now crucial for the whole food chain as Terry...