Tesco news and analysis – Page 327
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Profile: David Potts, retail director Tesco
David Potts: curriculum vitae Born: March 1957 Education: Hartshead High School, Tameside College and Hollings College, Manchester. 1973 Joined Tesco as a general assistant, gaining place on management training scheme 1981 Appointed general...
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Retail spotlight: Tesco in Budapest
Eastward Ho! East meets West in the brands that can be found on Tesco shelves in Budapest, and the locals love it. Clive Beddall reports from the Hungarian capital The scene's familiar, but the location is not. It's 11am on a crisp autumn...
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The Grocer guide to careers: What it's like
The art of getting noticed Let's face it, not many graduates leave university with a burning desire to start selling custard creams to a sceptical buyer at Tesco. It just doesn't appear quite as sexy as selling media space or working at the cutting...
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The Grocer guide to careers: How to get a job in retail, Tes
Power and people Tesco prides itself on the dynamism that has made it into Britain's top supermarket chain. In a little over 70 years it has grown from a single shop in Edgware to become the largest food retailer in the country with nearly 600...
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Management: Change is easy for companies that can accept mis
Organisations must be prepared to abandon traditional ways of managing people if they are to prosper in the new business age, according to Terry Leahy, chief executive of Tesco. "The nature of modern society and modern competition as industries...
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Promotions: Tesco's Record Breakers!
Tesco is trying to galvanise its sales through a new staff initiative dubbed Record Breakers. The scheme revolves around a three-month promotion on 12 different products and categories. A bonus scheme encourages store staff to drive sales of the...
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In the city: Tesco's price cuts and the shadow of the impend
Investors holding stock in the supermarkets sector seemed to get very twitchy this week but perhaps with good reason. First, there was the news Tesco was knocking another £55m off its prices as the supermarket price war entered a new phase. And...
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Internet retailing: Refreshed Tesco woos online shoppers
Exclusive Anne Bruce Tesco.com is preparing to revamp its home shopping website and introduce two major initiatives. Carolyn Bradley, chief operating officer, says the company is already trialing a new e-Clubcard scheme and is developing a store...
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Ireland's battle at the checkouts: Tesco: The Irish Experien
Tesco moved into the Irish market three years ago, buying the 75-store Quinnsworth and Crazy Prices chain from Associated British Foods for I£630m, a price some in the trade regarded as high. Since then the company has invested another I£200m in...
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Ireland's battle at the checkouts: making war or out on man
Anthony Garvey reports on reactions to Tesco Ireland's claim of an altruistic' price blitz coming, as it does, on the eve of the government's review of the ban on below cost selling The woman unloading her heavily stocked shopping trolley in the...
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Tesco shake-up focuses on store formats
Exclusive Kit Davies Tesco has ditched its traditional regional management structure in favour of one focused on store formats. And retail director David Potts claims the move will provide a definitive break with its superstore rivals all of...
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Sainsbury accelerates NPD with a Difference
Exclusive Julian Hunt Sainsbury is aiming to blow Tesco Finest out of the water with the launch of a premium own label range dubbed Taste the Difference. The range will start appearing in stores next month and Sainsbury has boldly predicted that...
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Multiples: Tesco aims long and high
Chain looks to a big slice of non food and speedy growth overseas Tesco set itself ambitious growth targets as it reported a 9% rise in its interim pretax profits to £415m on turnover of £10.1bn. Chief executive Terry Leahy said: "We are...
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Internet shopping: Budgens gives up online plan
Budgens' decision to pull the plug on its online shopping service just months after announcing plans to boost the offer has baffled rival operators. Tesco.com chief John Browett admitted he was "stunned" by the decision. Three months ago...
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Terrorist' threatens Tesco
Dorset police are investigating a spate of parcel bomb attacks believed to be connected with a blackmail attempt to extort £1m from Tesco. Detectives were called in after a letter bomb exploded in the hands of an elderly man from east Dorset, and...
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Republic of Ireland: Cuts stay says Tesco as IFA threatens b
Supermarkets in the Irish Republic are threatened with a petrol-style blockade by dairy farmers who claim they could be put out of business by the current price war. All the major chains Tesco, Dunnes, SuperValu, Superquinn, Aldi and Lidl have...
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In the city: competitors will be very hard put indeed to fin
If competitors cannot find anything to celebrate about Tesco's forthcoming interims (out September 19), their one consolation might be that the announcement is overshadowed by the fuel crisis. Tesco is widely expected to report 3-4% like for like...
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International expansion: Polish planning threat looms
As foreign hypermarket operators race to win market share in Poland, a row has broken out over proposals to give local authorities (Gminas) greater powers to control planning permission for new developments. Tesco said it was concerned new laws...
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Ireland: Tesco ignites price war in the Irish Republic with
Tesco has set off a price war in the Irish Republic, slashing 20% off the cost of more than 50 food, drink and household products in its 75 stores across the country. Its big local rival, Dunnes Stores, has immediately hit back, with matching...
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Internet trading exchanges WWRE: here's how we'll outsmart t
Tesco and Ahold are already trialling procurement through the WorldWide Retail Exchange, its newly appointed chief executive Colin Dyer revealed this week. In his only interview with the UK trade press, he told The Grocer that buying and selling...