Tesco news and analysis – Page 323
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Multiples: Extra pivotal as Tesco works to boost entertainme
Tesco aims to double its turnover of entertainment products online by the end of this year and aims to sell more than 12 million items both at Tesco.com and in store between October and December. At a conference for entertainment suppliers, Tesco...
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Tesco veg margins extortionate'
Sir; The prices charged for fresh vegetables at Tesco in Mickleover, Derby, are extortionate. For instance, the potatoes which I bought cost me £1.79 a kilo. According to the label they were Maris Piper. This equates to a price of £1,790 a tonne...
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The Grocer focus on Scotland: Get yer oats
A first for the oatmeal market is a resealable 500g aluminium ring-pull can developed by Hamlyn's of Scotland. Originally created for the US, pinhead oatmeal is now available in this format in the UK and has been taken up by Tesco and Waitrose at an...
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Online shopping: Golden gateway for Tesco.com
The US roll-out of Tesco.com's online shopping system will start in San Francisco, it was revealed this week. Last month Tesco licensed its technology to US supermarket chain Safeway and took a 35% stake in the latter's warehouse based online...
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Online shopping: Tesco.com opens for WAP/PC orders
Shoppers are now able to buy their groceries on the move following the launch of a new service from Tesco.com. The online grocer has teamed up with software giant Microsoft and launched Tesco Access, which allows users of handheld computers and WAP...
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The Grocer focus on home entertainment: Children's Video
The total video retail market is valued at more than £1.1bn, according to the British Video Association, and children's titles are boosting sales through grocery. Tesco is among the multiples to heavily promote this genre which accounted for 20.5%...
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Tesco out of stocks frustrating'
Sir; Considering the size of Tesco, its leading position and its hi-tech warehousing and supply systems, the least you could expect is well stocked shelves. But, unfortunately when it comes to the store in Elmers End, that appears to be far from...
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Central Europe: Expansion will push the markets to saturatio
Central European markets such as Poland and the Czech Republic will reach saturation point next year if retailers' expansion plans are realised, claims a new IGD Market Focus report on the region. Assuming international players such as Tesco and...
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Multiples: Grimsey's three-year strategy to restore fortunes
Iceland's chief executive Bill Grimsey hopes to transform the chain into the Tesco of high street retailing. His three-year strategy aims to improve availability, customer service and to exploit links with wholesaler Booker and foodservice firm...
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Asda: Cuts fuelled with £100m
Asda is setting the scene for another summer of supermarket price wars as it raises the stakes on the £70m investment Tesco announced earlier this month. The multiple is taking over £100m off its complete range over the next four months in a bid...
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United States: Tesco delivers to US Safeway
Tesco.com is exporting its successful online shopping model across the Atlantic in a bid to turn around the fortunes of Safeway Inc's flagging net shopping division Grocery Works. Under the deal, Tesco will license its store based technology to...
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National Vegetarian Week: A week for the veggies
The Co-operative Group and Tesco are marking National Vegetarian Week (June 25-July 1) with a series of instore initiatives and promotions. The event is organised by the Vegetarian Society, which is also launching an awards ceremony to recognise...
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Ireland: Tesco accuses union of jumping gun as store staff v
Tesco Ireland is bracing itself for strike action on June 29 and July 5 after a ballot by unions found 93% in favour of industrial action over low pay. A spokesman from Mandate, which represents over 9,000 of Tesco's 9,500 staff, said further...
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Tesco: Wasilewski does it again
Analysts are continuing to wrangle over Tesco's accounting policies after ABN Amro analyst Mark Wasilewski again rattled investors with a second research note suggesting Tesco's accounting policy had inflated earnings per share by up to 10%....
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Retail crime: hi-tech drive against crime
Tesco is teaming up with South Wales police in a high tech bid to cut crime across the region. Special computer kiosks are being installed in three stores, Talbot Green, Aberdare and Pontypridd, which will contain crime information. The kiosks...
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Far East: Tesco links with GE for Thai credit card launch
Tesco is teaming up with the Thai division of US giant General Electric to launch a credit card for shoppers in Thailand this summer. Tesco and GE Capital, General Electric's financial arm, will form a £32m joint venture company to set up and...
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The Grocer focus on petcare: trends and developments
Themed events have already been a success in other food sectors, and Tesco's support for National Pet Week last month and its pet insurance schemes with a free guide to pet astrology were surefire attractions. But quirky ideas have a way of...
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Wal-Mart in the UK: The last word
Compare and contrast...what the industry had to say at the time of Asda's takeover and the words of wisdom they're offering now, two years on Ex-Tesco chairman Lord MacLaurin of Knebworth (May 1999) "Before entering a new market you must feel you...
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Cadbury's Animals 200g Price promotion 69p Gondola end
Cadbury's cake bars 5 Buy one get one half price Gondola end Tesco Cadbury's ice creams Buy one get one free Gondola end Sainsbury Cadbury's Instant Hot Chocolate Break 400g ...
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Asda cheapest in survey for fourth year running
Exclusive Sheila Eggleston Asda is still Britain's cheapest food retailer despite facing intense competition from arch rival Tesco. For the fourth year running, the Wal-Mart subsidiary has notched up the highest number of cheapest baskets in...